š
Original date posted:2014-04-23
š Original message:-----BEGIN PGP SIGNED MESSAGE-----
Hash: SHA1
On 04/23/2014 07:55 AM, Mike Hearn wrote:
> 2. Miners can vote to reallocate the coinbase value of bad blocks
> before they mature. If a majority of blocks leading up to maturity
> vote for reallocation, the value goes into a pot that subsequent
> blocks are allowed to claim for themselves. Thus there is no risk
> to voting "no" on a block, the work done by the Finney attacker is
> not wasted, and users do not have to suffer through huge reorgs.
If enough miners don't like a block that has been mined, they can all
work to orphan it without any change to the protocol whatsoever.
Why are proposing this a change to the network that allows miners to
vote to disregard output scripts, instead of creating an out of band
network via which miners can coordinate actions using the capabilities
the protocol already allows?
Once you've changed the network such that it is no longer a machine
that faithfully processes scripts, and instead is a machine via which
a set of controllers can decide which valid scripts will be honored
and which ones will not, what will be the next proposed condition
under which the miners can confiscate and redistribute balances?
- --
Support online privacy by using email encryption whenever possible.
Learn how here: http://www.youtube.com/watch?v=bakOKJFtB-k
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Justus Ranvier [ARCHIVE] /
npub1k2ā¦9qd6m
2023-06-07 15:19:28
in reply to nevent1qā¦4lqn
Author Public Key
npub1k2eekmevs6gg60df75qpjw4a2atmy89vx28c8zqq5jxy64tuzrws39qd6mPublished at
2023-06-07 15:19:28Event JSON
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Original date posted:2014-04-23\nš Original message:-----BEGIN PGP SIGNED MESSAGE-----\nHash: SHA1\n\nOn 04/23/2014 07:55 AM, Mike Hearn wrote:\n\n\u003e 2. Miners can vote to reallocate the coinbase value of bad blocks\n\u003e before they mature. If a majority of blocks leading up to maturity\n\u003e vote for reallocation, the value goes into a pot that subsequent\n\u003e blocks are allowed to claim for themselves. Thus there is no risk\n\u003e to voting \"no\" on a block, the work done by the Finney attacker is\n\u003e not wasted, and users do not have to suffer through huge reorgs.\n\nIf enough miners don't like a block that has been mined, they can all\nwork to orphan it without any change to the protocol whatsoever.\n\nWhy are proposing this a change to the network that allows miners to\nvote to disregard output scripts, instead of creating an out of band\nnetwork via which miners can coordinate actions using the capabilities\nthe protocol already allows?\n\nOnce you've changed the network such that it is no longer a machine\nthat faithfully processes scripts, and instead is a machine via which\na set of controllers can decide which valid scripts will be honored\nand which ones will not, what will be the next proposed condition\nunder which the miners can confiscate and redistribute balances?\n\n- -- \nSupport online privacy by using email encryption whenever possible.\nLearn how here: http://www.youtube.com/watch?v=bakOKJFtB-k\n-----BEGIN PGP SIGNATURE-----\nVersion: GnuPG v2.0.22 (GNU/Linux)\nComment: Using GnuPG with Thunderbird - http://www.enigmail.net/\n\niQEcBAEBAgAGBQJTV9OUAAoJECoisBQbQ4v0XE8H+QGcOc3JiYsS2/xoR8SqpyEx\ngDChDFvhaao9qMPhfxBG0bso+4ITZ5c3mJawkqdBm3ZZPeygt1fLqvxe4c1AWocH\nYCf9CyZJlm8KsDJOqorja5o/6oXjH5xiGgVi042Jhb9wj/aGNPFvL9X6DGhEeFKQ\nuXFN4wTSPViEOryVqo3vEFh3md9Y1AIqcvc/b5M+EAtvaAD33/ALnzY9CNKymQZE\no0JGLEfwamKkZ+QA0mTfeDheJe9kj0KOQhXqOG/x3NlKCFVpmGz3daWZHJCFMDb4\n+RmDwoxOKvXxgveXu9w4d3bc3SQZ75hygmeMvVQwZggia31wqrHtsWLqIiFhVnU=\n=hpdg\n-----END PGP SIGNATURE-----\n-------------- next part --------------\nA non-text attachment was scrubbed...\nName: 0x1B438BF4.asc\nType: application/pgp-keys\nSize: 21191 bytes\nDesc: not available\nURL: \u003chttp://lists.linuxfoundation.org/pipermail/bitcoin-dev/attachments/20140423/6ba05543/attachment.bin\u003e",
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