đź“… Original date posted:2014-07-17
đź“ť Original message:Can someone explain to these guys and the public why promising to limit
yourselves to *only* a 50% chance of successfully double-spending a 6
confirm transaction is still not acceptable?
q=0.4
z=0 P=1
z=1 P=0.828861
z=2 P=0.736403
z=3 P=0.664168
z=4 P=0.603401
z=5 P=0.550625
z=6 P=0.50398
z=7 P=0.462301
z=8 P=0.424782
z=9 P=0.390828
z=10 P=0.359976
z=11 P=0.331858
z=12 P=0.306167
z=13 P=0.282649
z=14 P=0.261083
z=15 P=0.24128
z=16 P=0.223076
z=17 P=0.206324
z=18 P=0.190896
z=19 P=0.176676
On 07/17/2014 06:59 AM, Melvin Carvalho wrote:
> I noticed this article today.
>
> GHash Commits to 40% Hashrate Cap at Bitcoin Mining Summit
>
> http://www.coindesk.com/ghash-commits-40-hashrate-cap-bitcoin-mining-summit/
>
> Here's a quote from Satoshi when the mining arms race began:
>
> "We should have a gentleman’s agreement to postpone the GPU arms race as
> long as we can for the good of the network. It’s much easer to get new
> users up to speed if they don’t have to worry about GPU drivers and
> compatibility. It’s nice how anyone with just a CPU can compete fairly
> equally right now."
>
> Maybe outdated now, but I thought it was interesting.
>
>
> ------------------------------------------------------------------------------
> Want fast and easy access to all the code in your enterprise? Index and
> search up to 200,000 lines of code with a free copy of Black Duck
> Code Sight - the same software that powers the world's largest code
> search on Ohloh, the Black Duck Open Hub! Try it now.
> http://p.sf.net/sfu/bds
>
>
>
> _______________________________________________
> Bitcoin-development mailing list
> Bitcoin-development at lists.sourceforge.net
> https://lists.sourceforge.net/lists/listinfo/bitcoin-development
>
Mark Friedenbach [ARCHIVE] /
npub1r3…48d0u
2023-06-07 15:24:03
in reply to nevent1q…u795
Author Public Key
npub1r3san9v5njl6798hvauyu9ntm6r9c7u8s0t65wls58gpfdcvqp5sa48d0uPublished at
2023-06-07 15:24:03Event JSON
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"content": "📅 Original date posted:2014-07-17\n📝 Original message:Can someone explain to these guys and the public why promising to limit\nyourselves to *only* a 50% chance of successfully double-spending a 6\nconfirm transaction is still not acceptable?\n\nq=0.4\nz=0\tP=1\nz=1\tP=0.828861\nz=2\tP=0.736403\nz=3\tP=0.664168\nz=4\tP=0.603401\nz=5\tP=0.550625\nz=6\tP=0.50398\nz=7\tP=0.462301\nz=8\tP=0.424782\nz=9\tP=0.390828\nz=10\tP=0.359976\nz=11\tP=0.331858\nz=12\tP=0.306167\nz=13\tP=0.282649\nz=14\tP=0.261083\nz=15\tP=0.24128\nz=16\tP=0.223076\nz=17\tP=0.206324\nz=18\tP=0.190896\nz=19\tP=0.176676\n\n\nOn 07/17/2014 06:59 AM, Melvin Carvalho wrote:\n\u003e I noticed this article today. \n\u003e \n\u003e GHash Commits to 40% Hashrate Cap at Bitcoin Mining Summit\n\u003e \n\u003e http://www.coindesk.com/ghash-commits-40-hashrate-cap-bitcoin-mining-summit/\n\u003e \n\u003e Here's a quote from Satoshi when the mining arms race began:\n\u003e \n\u003e \"We should have a gentleman’s agreement to postpone the GPU arms race as\n\u003e long as we can for the good of the network. It’s much easer to get new\n\u003e users up to speed if they don’t have to worry about GPU drivers and\n\u003e compatibility. It’s nice how anyone with just a CPU can compete fairly\n\u003e equally right now.\"\n\u003e \n\u003e Maybe outdated now, but I thought it was interesting.\n\u003e \n\u003e \n\u003e ------------------------------------------------------------------------------\n\u003e Want fast and easy access to all the code in your enterprise? Index and\n\u003e search up to 200,000 lines of code with a free copy of Black Duck\n\u003e Code Sight - the same software that powers the world's largest code\n\u003e search on Ohloh, the Black Duck Open Hub! Try it now.\n\u003e http://p.sf.net/sfu/bds\n\u003e \n\u003e \n\u003e \n\u003e _______________________________________________\n\u003e Bitcoin-development mailing list\n\u003e Bitcoin-development at lists.sourceforge.net\n\u003e https://lists.sourceforge.net/lists/listinfo/bitcoin-development\n\u003e",
"sig": "416fc9d1bd93f2a47d6c01b8ce8c1f7dbf4c200d2912255d7eb9b64181c51eaf4f89d5f93a1ec8881c2885a957bd931cad5a2290cf8d55ab36e4bc389f302ee0"
}