Re: [Bitcoin-development] Ultimate Blockchain Compression w/ trust-free lite nodes

2012-06-18 Thread Peter Todd
On Mon, Jun 18, 2012 at 12:46:47AM +0200, Alberto Torres wrote: Hi, I did describe a very similar thing back in January (also illustrated, and, if I'm not mistaken, more simple and efficient to recalculate), and I wanted to do a prototype, but I have been very busy with other projects since

[Bitcoin-development] Ultimate Blockchain Compression w/ trust-free lite nodes

2012-06-17 Thread Alan Reiner
All, With the flurry of discussion about blockchain compression, I thought it was time to put forward my final, most-advanced idea, into a single, well-thought-out, *illustrated*, forum post. Please check it out: https://bitcointalk.org/index.php?topic=88208.0 This is a huge

Re: [Bitcoin-development] Ultimate Blockchain Compression w/ trust-free lite nodes

2012-06-17 Thread Peter Todd
On Sun, Jun 17, 2012 at 02:39:28PM -0400, Alan Reiner wrote: All, With the flurry of discussion about blockchain compression, I thought it was time to put forward my final, most-advanced idea, into a single, well-thought-out, *illustrated*, forum post. Please check it out:

Re: [Bitcoin-development] Ultimate Blockchain Compression w/ trust-free lite nodes

2012-06-17 Thread Alberto Torres
Hi, I did describe a very similar thing back in January (also illustrated, and, if I'm not mistaken, more simple and efficient to recalculate), and I wanted to do a prototype, but I have been very busy with other projects since then. https://en.bitcoin.it/wiki/User:DiThi/MTUT I just saw Gavin

Re: [Bitcoin-development] Ultimate Blockchain Compression w/ trust-free lite nodes

2012-06-17 Thread Alan Reiner
Hi Alberto, Your thread was part of the inspiration for the idea that I proposed. But as I read it more, I see that I originally misunderstood it (mistaking it for a simpler unspent-TxOut tree idea). Even after reading it, I'm not entirely clear how your proposal would work, but I see that