Ryan,
Maybe you could test out your ideas somewhere like bitcointalk.org and/or
provide some more technical substance before engaging with this forum.
Developers tend to prefer dealing with numbers known to be either 1 or 0, not a
variable set of possible values depending on non-technical factors ...
Gavin
> On 24/12/2013, at 15:42, "Ryan Carboni" wrote:
>
> Maybe it's because the arguments being presented are nonsensical and
> irrelevant to the current Bitcoin network topology, composed of a small
> number of mining pools, not solo miners? Furthermore I think people would
> realize that their mining pool has gone "off the reservation" so to speak.
>
>
>> On Mon, Dec 23, 2013 at 8:05 PM, Allen Piscitello
>> wrote:
>> Ryan,
>>
>> Why do you continue to try to correct people who clearly have put more
>> thought into this than you? Everyone understood you just fine, you just
>> seem to have trouble comprehending why your ideas are terrible.
>>
>>
>>> On Mon, Dec 23, 2013 at 7:51 PM, Ryan Carboni wrote:
>>> I think you misunderstood my statement. If time > 3 days, and after 4
>>> blocks have been mined, then difficulty would be reset.
>>>
>>> In theory, one would have to isolate roughly one percent of the Bitcoin
>>> network's hashing power to do so. Which would indicate an attack by a state
>>> actor as opposed to anything else. Arguably, the safest way to run Bitcoin
>>> is through a proprietary dial-up network.
>>>
>>>
On Sun, Dec 22, 2013 at 7:22 PM, Mark Friedenbach wrote:
>>>
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Ryan, these sort of adjustments introduce security risks. If you were
isolated from the main chain by a low-hashpower attacker, how would
you know? They'd need just three days without you noticing that
network block generation has stalled - maybe they wait for a long
weekend - then after that the block rate is normal but completely
controlled by the attacker (and isolated from mainnet).
There are fast acting alternative difficulty adjustment algorithms
being explored by some alts, such as the 9-block interval, 144-block
window, Parks-McClellan FIR filter used by Freicoin to recover from
just such a mining bubble. If it were to happen to bitcoin, there
would be sophisticated alternative to turn to, and enough time to make
the change.
On 12/22/2013 07:10 PM, Ryan Carboni wrote:
> I think Bitcoin should have a sanity check: after three days if
> only four blocks have been mined, difficulty should be adjusted
> downwards.
>
> This might become important in the near future. I project a
> Bitcoin mining bubble.
>
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>>>
>>>
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>
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> Rapidly troubleshoot problems before they affect your business. Most IT
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