Why Nostr? What is Njump?
2023-06-07 15:33:41
in reply to

Peter Todd [ARCHIVE] on Nostr: 📅 Original date posted:2015-05-09 📝 Original message:On Fri, May 08, 2015 at ...

📅 Original date posted:2015-05-09
📝 Original message:On Fri, May 08, 2015 at 08:47:52PM +0100, Tier Nolan wrote:
> On Fri, May 8, 2015 at 5:37 PM, Peter Todd <pete at petertodd.org> wrote:
>
> > The soft-limit is there miners themselves produce smaller blocks; the
> > soft-limit does not prevent other miners from producing larger blocks.
> >
>
> I wonder if having a "miner" flag would be good for the network.

Makes it trivial to find miners and DoS attack them - a huge risk to the
network as a whole, as well as the miners.

Right now pools already get DoSed all the time through their work
submission systems; getting DoS attacked via their nodes as well would
be a disaster.

> When in "miner mode", the client would reject 4MB blocks and wouldn't build
> on them. The reference client might even track the miner and the non-miner
> chain tip.
>
> Miners would refuse to build on 5MB blocks, but merchants and general users
> would accept them.

That'd be an excellent way to double-spend merchants, significantly
increasing the chance that the double-spend would succeed as you only
have to get sufficient hashing power to get the lucky blocks; you don't
need enough hashing power to *also* ensure those blocks don't become the
longest chain, removing the need to sybil attack your target.

--
'peter'[:-1]@petertodd.org
000000000000000004bd67400df7577a30e6f509b6bd82633efeabe6395eb65a
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