📅 Original date posted:2014-12-29
📝 Original message:On Monday, December 29, 2014 7:21:02 PM Sergio Lerner wrote:
> I propose to allow miners to voluntarily lock funds by letting miners
> add additional inputs to the coinbase transaction. Currently the
> coinbase transaction does not allow any real input to be added (only a
> pseudo-input).
This is something I've wanted since 2011, but hasn't been a priority.
> Because sometime in the future (maybe 5-10 years) we may have to deal
> with problems of securing the blockchain, as the subsidy is lowered. We
> don't want the number of confirmation blocks to be increased in
> compensation because Bitcoin won't be able to compete with other payment
> networks.
> Then by having this hardfork now, we will be able to soft-fork later to
> any rule we may came come up with involving deposit bonds,
> proof-of-stake, and the penalization of double-mining (mining two blocks
> at the same height) to prevent short-range attacks.
I'm not sure this increases the priority of it.
If someone feels it's worth the time, I'd suggest coding up a branch that
hardforks it in at some far-off block height. Even if it doesn't get merged
right away, at least the code will be available for testing and ready to go
when/if that time comes.
Luke
Luke Dashjr [ARCHIVE] /
npub1tf…rfq0n
2023-06-07 15:28:18
in reply to nevent1q…qmze
Author Public Key
npub1tfk373zg9dnmtvxnpnq7s2dkdgj37rwfj3yrwld7830qltmv8qps8rfq0nPublished at
2023-06-07 15:28:18Event JSON
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"content": "📅 Original date posted:2014-12-29\n📝 Original message:On Monday, December 29, 2014 7:21:02 PM Sergio Lerner wrote:\n\u003e I propose to allow miners to voluntarily lock funds by letting miners\n\u003e add additional inputs to the coinbase transaction. Currently the\n\u003e coinbase transaction does not allow any real input to be added (only a\n\u003e pseudo-input).\n\nThis is something I've wanted since 2011, but hasn't been a priority.\n\n\u003e Because sometime in the future (maybe 5-10 years) we may have to deal\n\u003e with problems of securing the blockchain, as the subsidy is lowered. We\n\u003e don't want the number of confirmation blocks to be increased in\n\u003e compensation because Bitcoin won't be able to compete with other payment\n\u003e networks.\n\u003e Then by having this hardfork now, we will be able to soft-fork later to\n\u003e any rule we may came come up with involving deposit bonds,\n\u003e proof-of-stake, and the penalization of double-mining (mining two blocks\n\u003e at the same height) to prevent short-range attacks.\n\nI'm not sure this increases the priority of it.\n\nIf someone feels it's worth the time, I'd suggest coding up a branch that \nhardforks it in at some far-off block height. Even if it doesn't get merged \nright away, at least the code will be available for testing and ready to go \nwhen/if that time comes.\n\nLuke",
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