📅 Original date posted:2013-11-05
📝 Original message:On Tue, Nov 5, 2013 at 2:15 PM, Drak <drak at zikula.org> wrote:
> If I understand the issue properly, this seems like a pretty elegant
> solution: if two blocks are broadcast within a certain period of eachother,
> chose the lower target. That's a provable fair way of randomly choosing the
> winning block and would seem like a pretty simply patch.
uh. and so when my solution is, by chance, unusually low... I am
incentivized to hurry up and release my block because?
I've simulated non-first-block-heard strategies in the past (in the
two nearly tied miner with network latency model) and they result in
significant increase in large (e.g. >>6 block) reorgs). It's easy to
make convergence worse or to create additional perverse incentives.
Gregory Maxwell [ARCHIVE] /
npub1f2…crwet
2023-06-07 15:08:58
in reply to nevent1q…5f4q
Author Public Key
npub1f2nvlx49er5c7sqa43src6ssyp6snd4qwvtkwm5avc2l84cs84esecrwetPublished at
2023-06-07 15:08:58Event JSON
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"content": "📅 Original date posted:2013-11-05\n📝 Original message:On Tue, Nov 5, 2013 at 2:15 PM, Drak \u003cdrak at zikula.org\u003e wrote:\n\u003e If I understand the issue properly, this seems like a pretty elegant\n\u003e solution: if two blocks are broadcast within a certain period of eachother,\n\u003e chose the lower target. That's a provable fair way of randomly choosing the\n\u003e winning block and would seem like a pretty simply patch.\n\nuh. and so when my solution is, by chance, unusually low... I am\nincentivized to hurry up and release my block because?\n\nI've simulated non-first-block-heard strategies in the past (in the\ntwo nearly tied miner with network latency model) and they result in\nsignificant increase in large (e.g. \u003e\u003e6 block) reorgs). It's easy to\nmake convergence worse or to create additional perverse incentives.",
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