On Tue, Nov 05, 2013 at 11:56:53AM -0500, Ittay wrote:
Hello,
Please see below our BIP for raising the selfish mining threshold.
Looking forward to your comments.
snip
2. No new vulnerabilities introduced:
Currently the choice among equal-length chains is done arbitrarily,
depending on
On Tue, Nov 05, 2013 at 12:05:41PM -0500, Peter Todd wrote:
On Tue, Nov 05, 2013 at 11:56:53AM -0500, Ittay wrote:
Hello,
Please see below our BIP for raising the selfish mining threshold.
Looking forward to your comments.
snip
2. No new vulnerabilities introduced:
Currently the
Patrick, could you please explain us why the solution proposed by Ittay
would drop the actual honest miners ratio, becoming so backfire? Thanks a
lot
2013/11/5 Patrick patr...@intersango.com
The ratio of honest miners that mine the first block they see is 0.5
Your proposed solution would
On Tue, Nov 5, 2013 at 1:07 PM, Alessandro Parisi startit...@gmail.com wrote:
I agree with Ittay: when bugs are found, they must be fixed ASAP, expecially
when they affect a sensitive sw such as Bitcon; in IT security, every flaw
that is exploitable in abstract, is going to be exploited in
Thank you very much for your fair response, Sir;
this means that anytime a bug is found in Bitcoin protocol, chances are
that it would take a lot more time to get fixed
2013/11/5 Jeff Garzik jgar...@bitpay.com
On Tue, Nov 5, 2013 at 1:07 PM, Alessandro Parisi startit...@gmail.com
wrote:
I
On Tue, Nov 5, 2013 at 1:55 PM, Alessandro Parisi startit...@gmail.com wrote:
this means that anytime a bug is found in Bitcoin protocol, chances are that
it would take a lot more time to get fixed
Correct. There is significant potential that a fix can create other
problems... and any major
Great paper Ittay, thanks for all your work on this.
Today the threshold is 0% with good connectivity.Fig. 2 captures this well, the threshold is only zero if 'y' is 1. In Section 6 and 6.1 you argue y - 1 but the sybil attack you describe, isn't that more like how *all* sophisticated miners
The conversations that spawned from this paper have been fascinating to
read, but I have a problem with the conclusions. To quote the paper:
The Bitcoin ecosystem is open to manipulation, and potential takeover,
by miners seeking to maximize their rewards. This paper presented
Selfish-Mine, a
On Tue, Nov 5, 2013 at 1:57 PM, Jeremy Spilman jer...@taplink.co wrote:
I think it's a stretch to say 'y' is 0 with good connectivity. Even the
best connected mining pools today are concerned with this 'y' factor.
Check out the following paper for the effect a single node can have on
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