I would like to share with you a vulnerability in the Bitcoin protocol
I've been thinking of which might have impact on the future of Bitcoin.
Please criticize it!
*The Freeze on Transaction Problem
*
The freeze problem occurs if someone publishes a transaction with fees
much higher than the
On Sun, Oct 5, 2014 at 4:00 PM, Sergio Lerner sergioler...@certimix.com wrote:
I would like to share with you a vulnerability in the Bitcoin protocol I've
been thinking of which might have impact on the future of Bitcoin. Please
criticize it!
The Freeze on Transaction Problem
I should point
On Sun, Oct 5, 2014 at 4:40 PM, Gregory Maxwell gmaxw...@gmail.com
I should point you to some of the tools that have been discussed in
the past which are potentially helpful here:
Ah, I should also mention a somewhat more far out approach which helps
here as a side effect:
If transactions were
On Sun, Oct 5, 2014 at 4:54 PM, Jorge Timón jti...@blockstream.io wrote:
In any case, it is interesting to think about this things since mining
subsidies will eventually disappear and then transaction fees will
ALWAYS be higher than subsidies.
You can imagine that instead of subsidy Bitcoin
On Mon, Oct 6, 2014 at 1:40 AM, Gregory Maxwell gmaxw...@gmail.com wrote:
Something you might want to try to formalize in your analysis is the
proportion of the network which is rational vs
honest/altruistic. Intuitively, if there is a significant amount
of honest hashrate which is refusing
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