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    <id>https://nostr.ae/nevent1qqsfefeh56ucmtczhfku8ympfwjrrymmn9t8hnqwnx3rt4u5y4v4c3gzyq0hje9wdtwen27ejard740dwd7z60nzs9yt9kp8u2s7gen9h2j5carek74</id>
    
      <title type="html">📅 Original date posted:2021-03-05 📝 Original message:Hi, ...</title>
    
    <link rel="alternate" href="https://nostr.ae/nevent1qqsfefeh56ucmtczhfku8ympfwjrrymmn9t8hnqwnx3rt4u5y4v4c3gzyq0hje9wdtwen27ejard740dwd7z60nzs9yt9kp8u2s7gen9h2j5carek74" />
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      In reply to &lt;a href=&#39;/nevent1qqsrljglmzkf5ur544720enn85wffy34uaqzj6xl37yrn2yjwwkad0gmun77q&#39;&gt;nevent1q…n77q&lt;/a&gt;&lt;br/&gt;_________________________&lt;br/&gt;&lt;br/&gt;📅 Original date posted:2021-03-05&lt;br/&gt;📝 Original message:Hi, Eric. Chia&amp;#39;s network is a bad example. They go after energy consumption&lt;br/&gt;in the wrong way entirely. True, it requires a comparable cost of hardware.&lt;br/&gt;I am trying to tackle cryptography in a way that goes much beyond that.&lt;br/&gt;Part of what I am doing includes lowering invalided proofs while trying to&lt;br/&gt;get the best of both worlds in regards to PoW and PoC. It is an efficiency&lt;br/&gt;issue to the core. In regards to the mechanisms of how I will do that, I&lt;br/&gt;suggest you look at the entire proposal which is why I am hoping the BIP&lt;br/&gt;team would be so gracious as to allow me to draft it out on GitHub.&lt;br/&gt;&lt;br/&gt;Best regards, Andrew&lt;br/&gt;&lt;br/&gt;On Fri, Mar 5, 2021, 4:42 PM Eric Voskuil &amp;lt;eric at voskuil.org&amp;gt; wrote:&lt;br/&gt;&lt;br/&gt;&amp;gt; How is the argument against PoM only partially true?&lt;br/&gt;&amp;gt;&lt;br/&gt;&amp;gt; I wrote this as soon as I saw Chia. Had two debates on Twitter with Brahm,&lt;br/&gt;&amp;gt; before he blocked me. Two years later, after they finally realized I was&lt;br/&gt;&amp;gt; correct, one of their PhDs contacted me and told me. Better to flesh this&lt;br/&gt;&amp;gt; out early. They had already raised $20 and done their research, so he&lt;br/&gt;&amp;gt; wasn’t exactly in a listening mode.&lt;br/&gt;&amp;gt;&lt;br/&gt;&amp;gt; e&lt;br/&gt;&amp;gt;&lt;br/&gt;&amp;gt; On Mar 5, 2021, at 13:20, Lonero Foundation &amp;lt;loneroassociation at gmail.com&amp;gt;&lt;br/&gt;&amp;gt; wrote:&lt;br/&gt;&amp;gt;&lt;br/&gt;&amp;gt; ﻿&lt;br/&gt;&amp;gt; Actually I mentioned a proof of space and time hybrid which is much&lt;br/&gt;&amp;gt; different than staking. Sorry to draw for the confusion as PoC is more&lt;br/&gt;&amp;gt; commonly used then PoST.&lt;br/&gt;&amp;gt; There is a way to make PoC cryptographically compatible w/ Proof of Work&lt;br/&gt;&amp;gt; as it normally stands: &lt;a href=&#34;https://en.wikipedia.org/wiki/Proof_of_space&#34;&gt;https://en.wikipedia.org/wiki/Proof_of_space&lt;/a&gt;&lt;br/&gt;&amp;gt; It has rarely been done though given the technological complexity of being&lt;br/&gt;&amp;gt; both CPU compatible and memory-hard compatible. There are lots of benefits&lt;br/&gt;&amp;gt; outside of the realm of efficiency, and I already looked into numerous&lt;br/&gt;&amp;gt; fault tolerant designs as well and what others in the cryptography&lt;br/&gt;&amp;gt; community attempted to propose. The actual argument you have only against&lt;br/&gt;&amp;gt; this is the Proof of Memory fallacy, which is only partially true. Given&lt;br/&gt;&amp;gt; how the current hashing algorithm works, hard memory allocation wouldn&amp;#39;t be&lt;br/&gt;&amp;gt; of much benefit given it is more optimized for CPU/ASIC specific mining.&lt;br/&gt;&amp;gt; I&amp;#39;m working towards a hybrid mechanism that fixes that. BTW: The way&lt;br/&gt;&amp;gt; Bitcoin currently stands in its cryptography still needs updating&lt;br/&gt;&amp;gt; regardless. If someone figures out NP hardness or the halting problem the&lt;br/&gt;&amp;gt; traditional rule of millions of years to break all of Bitcoin&amp;#39;s&lt;br/&gt;&amp;gt; cryptography now comes down to minutes. Bitcoin is going to have to&lt;br/&gt;&amp;gt; eventually radically upgrade their cryptography and hashing algo in the&lt;br/&gt;&amp;gt; future regardless. I want to integrate some form of NP complexity in&lt;br/&gt;&amp;gt; regards to the hybrid cryptography I&amp;#39;m aiming to provide which includes a&lt;br/&gt;&amp;gt; polynomial time algorithm in the cryptography. More than likely the first&lt;br/&gt;&amp;gt; version of my BTC hard fork will be coded in a way where integrating such&lt;br/&gt;&amp;gt; complexity in the future only requires a soft fork or minor upgrade to its&lt;br/&gt;&amp;gt; chain.&lt;br/&gt;&amp;gt;&lt;br/&gt;&amp;gt; In regards to the argument, &amp;#34;As a separate issue, proposing a hard fork in&lt;br/&gt;&amp;gt; the hashing algorithm will invalidate the enormous amount of capital&lt;br/&gt;&amp;gt; expenditure by mining entities and disincentivize future capital&lt;br/&gt;&amp;gt; expenditure into mining hardware that may compute these more &amp;#34;useful&amp;#34;&lt;br/&gt;&amp;gt; proofs of work.&amp;#34;&lt;br/&gt;&amp;gt;&lt;br/&gt;&amp;gt; A large portion of BTC is already mined through AWS servers and non-asic&lt;br/&gt;&amp;gt; specific hardware anyways. A majority of them would benefit from a hybrid&lt;br/&gt;&amp;gt; proof, and the fact that it is hybrid in that manner wouldn&amp;#39;t&lt;br/&gt;&amp;gt; disenfranchise currently optimized mining entities as well.&lt;br/&gt;&amp;gt;&lt;br/&gt;&amp;gt; There are other reasons why a cryptography upgrade like this is&lt;br/&gt;&amp;gt; beneficial. Theoretically one can argue BItcoin isn&amp;#39;t fully decentralized.&lt;br/&gt;&amp;gt; It is few unsolved mathematical proofs away from being entirely broken. My&lt;br/&gt;&amp;gt; goal outside of efficiency is to build cryptography in a way that prevents&lt;br/&gt;&amp;gt; such an event from happening in the future, if it was to ever happen. I&lt;br/&gt;&amp;gt; have various research in regards to this area and work alot with&lt;br/&gt;&amp;gt; distributed computing. I believe if the BTC community likes such a&lt;br/&gt;&amp;gt; proposal, I would single handedly be able to build the cryptographic proof&lt;br/&gt;&amp;gt; myself (though would like as many open source contributors as I can get :)&lt;br/&gt;&amp;gt;&lt;br/&gt;&amp;gt; Anyways just something to consider. We are in the same space in regards to&lt;br/&gt;&amp;gt; what warrants a shitcoin or the whole argument against staking.&lt;br/&gt;&amp;gt;&lt;br/&gt;&amp;gt; &lt;a href=&#34;https://hackernoon.com/ethereum-you-are-a-centralized-cryptocurrency-stop-telling-us-that-you-arent-pi3s3yjl&#34;&gt;https://hackernoon.com/ethereum-you-are-a-centralized-cryptocurrency-stop-telling-us-that-you-arent-pi3s3yjl&lt;/a&gt;&lt;br/&gt;&amp;gt;&lt;br/&gt;&amp;gt; Best regards,  Andrew&lt;br/&gt;&amp;gt;&lt;br/&gt;&amp;gt; On Fri, Mar 5, 2021 at 3:53 PM Eric Voskuil &amp;lt;eric at voskuil.org&amp;gt; wrote:&lt;br/&gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; ﻿Hi Andrew,&lt;br/&gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; Do you mean that you can reduce the cost of executing the cryptography at&lt;br/&gt;&amp;gt;&amp;gt; a comparable level of security? If so this will only have the effect of&lt;br/&gt;&amp;gt;&amp;gt; increasing the amount of it that is required to consume the same cost.&lt;br/&gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; &lt;a href=&#34;https://github.com/libbitcoin/libbitcoin-system/wiki/Efficiency-Paradox&#34;&gt;https://github.com/libbitcoin/libbitcoin-system/wiki/Efficiency-Paradox&lt;/a&gt;&lt;br/&gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; You mentioned a staking hybrid in your original post.&lt;br/&gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; &lt;a href=&#34;https://github.com/libbitcoin/libbitcoin-system/wiki/Hybrid-Mining-Fallacy&#34;&gt;https://github.com/libbitcoin/libbitcoin-system/wiki/Hybrid-Mining-Fallacy&lt;/a&gt;&lt;br/&gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; This would be a change to dynamics - the economic forces at work. Staking&lt;br/&gt;&amp;gt;&amp;gt; is not censorship resistant&lt;br/&gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; &lt;a href=&#34;https://github.com/libbitcoin/libbitcoin-system/wiki/Proof-of-Stake-Fallacy&#34;&gt;https://github.com/libbitcoin/libbitcoin-system/wiki/Proof-of-Stake-Fallacy&lt;/a&gt;&lt;br/&gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; and is therefore what I refer to as cryptodynamically insecure.&lt;br/&gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; &lt;a href=&#34;https://github.com/libbitcoin/libbitcoin-system/wiki/Cryptodynamic-Principles&#34;&gt;https://github.com/libbitcoin/libbitcoin-system/wiki/Cryptodynamic-Principles&lt;/a&gt;&lt;br/&gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; As such it wouldn’t likely be considered as a contribution to Bitcoin. It&lt;br/&gt;&amp;gt;&amp;gt; might of course be useful in some other context.&lt;br/&gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; &lt;a href=&#34;https://github.com/libbitcoin/libbitcoin-system/wiki/Shitcoin-Definition&#34;&gt;https://github.com/libbitcoin/libbitcoin-system/wiki/Shitcoin-Definition&lt;/a&gt;&lt;br/&gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; But BIPs are proposals aimed at Bitcoin improvement.&lt;br/&gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; &lt;a href=&#34;https://github.com/bitcoin/bips/blob/master/bip-0001.mediawiki#What_is_a_BIP&#34;&gt;https://github.com/bitcoin/bips/blob/master/bip-0001.mediawiki#What_is_a_BIP&lt;/a&gt;&lt;br/&gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; Non-staking attempts to improve energy efficiency are either proof of&lt;br/&gt;&amp;gt;&amp;gt; work in disguise, such as proof of memory:&lt;br/&gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; &lt;a href=&#34;https://github.com/libbitcoin/libbitcoin-system/wiki/Proof-of-Memory-Fallacy&#34;&gt;https://github.com/libbitcoin/libbitcoin-system/wiki/Proof-of-Memory-Fallacy&lt;/a&gt;&lt;br/&gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; or attempts to repurpose “wasteful” computing, such as by finding prime&lt;br/&gt;&amp;gt;&amp;gt; numbers, which does not imply a reduction in dedicated energy&lt;br/&gt;&amp;gt;&amp;gt; consumption.&lt;br/&gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; &lt;a href=&#34;https://github.com/libbitcoin/libbitcoin-system/wiki/Dedicated-Cost-Principle&#34;&gt;https://github.com/libbitcoin/libbitcoin-system/wiki/Dedicated-Cost-Principle&lt;/a&gt;&lt;br/&gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; Finally, waste and renewable energy approaches at “carbon” (vs energy)&lt;br/&gt;&amp;gt;&amp;gt; reduction must still consume the same in cost as the reward. In other&lt;br/&gt;&amp;gt;&amp;gt; words, the apparent benefit represents a temporary market shift, with&lt;br/&gt;&amp;gt;&amp;gt; advantage to first movers. The market will still consume what it consumes.&lt;br/&gt;&amp;gt;&amp;gt; If the hashing energy was free all reward consumption would shift to&lt;br/&gt;&amp;gt;&amp;gt; operations.&lt;br/&gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; &lt;a href=&#34;https://github.com/libbitcoin/libbitcoin-system/wiki/Byproduct-Mining-Fallacy&#34;&gt;https://github.com/libbitcoin/libbitcoin-system/wiki/Byproduct-Mining-Fallacy&lt;/a&gt;&lt;br/&gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; The motivation behind these attempts is naively understandable, but based&lt;br/&gt;&amp;gt;&amp;gt; on a false premise.&lt;br/&gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; &lt;a href=&#34;https://github.com/libbitcoin/libbitcoin-system/wiki/Energy-Waste-Fallacy&#34;&gt;https://github.com/libbitcoin/libbitcoin-system/wiki/Energy-Waste-Fallacy&lt;/a&gt;&lt;br/&gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; The one thing that reduces Bitcoin energy consumption is an increase in&lt;br/&gt;&amp;gt;&amp;gt; energy cost relative to block reward.&lt;br/&gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; &lt;a href=&#34;https://github.com/libbitcoin/libbitcoin-system/wiki/Energy-Exhaustion-Fallacy&#34;&gt;https://github.com/libbitcoin/libbitcoin-system/wiki/Energy-Exhaustion-Fallacy&lt;/a&gt;&lt;br/&gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; e&lt;br/&gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; On Mar 5, 2021, at 07:30, Lonero Foundation via bitcoin-dev &amp;lt;&lt;br/&gt;&amp;gt;&amp;gt; bitcoin-dev at lists.linuxfoundation.org&amp;gt; wrote:&lt;br/&gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; ﻿&lt;br/&gt;&amp;gt;&amp;gt; Hi, this isn&amp;#39;t about the energy efficient argument in regards to&lt;br/&gt;&amp;gt;&amp;gt; renewables or mining devices but a better cryptography layer to get the&lt;br/&gt;&amp;gt;&amp;gt; most out of your hashing for validation. I do understand the arbitrariness&lt;br/&gt;&amp;gt;&amp;gt; of it, but do want to still propose a document. Do I use the Media Wiki&lt;br/&gt;&amp;gt;&amp;gt; format on GitHub and just attach it as my proposal?&lt;br/&gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; Best regards, Andrew&lt;br/&gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; On Fri, Mar 5, 2021, 10:07 AM Devrandom &amp;lt;c1.devrandom at niftybox.net&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; wrote:&lt;br/&gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; Hi Ryan and Andrew,&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; On Fri, Mar 5, 2021 at 5:42 AM Ryan Grant via bitcoin-dev &amp;lt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; bitcoin-dev at lists.linuxfoundation.org&amp;gt; wrote:&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;   &lt;a href=&#34;https://www.truthcoin.info/blog/pow-cheapest/&#34;&gt;https://www.truthcoin.info/blog/pow-cheapest/&lt;/a&gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;     &amp;#34;Nothing is Cheaper than Proof of Work&amp;#34;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;     on | 04 Aug 2015&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; Just to belabor this a bit, the paper demonstrates that the mining&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; market will tend to expend resources equivalent to miner reward.  It does&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; not prove that mining work has to expend *energy* as a primary cost.&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; Some might argue that energy expenditure has negative externalities and&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; that we should move to other resources.  I would argue that the negative&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; externalities will go away soon because of the move to renewables, so the&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; point is likely moot.&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; _______________________________________________&lt;br/&gt;&amp;gt;&amp;gt; bitcoin-dev mailing list&lt;br/&gt;&amp;gt;&amp;gt; bitcoin-dev at lists.linuxfoundation.org&lt;br/&gt;&amp;gt;&amp;gt; &lt;a href=&#34;https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev&#34;&gt;https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev&lt;/a&gt;&lt;br/&gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&lt;br/&gt;-------------- next part --------------&lt;br/&gt;An HTML attachment was scrubbed...&lt;br/&gt;URL: &amp;lt;&lt;a href=&#34;http://lists.linuxfoundation.org/pipermail/bitcoin-dev/attachments/20210305/13a6ebae/attachment-0001.html&amp;gt&#34;&gt;http://lists.linuxfoundation.org/pipermail/bitcoin-dev/attachments/20210305/13a6ebae/attachment-0001.html&amp;gt&lt;/a&gt;;
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    <updated>2023-06-07T18:30:25Z</updated>
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  <entry>
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      <title type="html">📅 Original date posted:2021-03-15 📝 Original ...</title>
    
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      In reply to &lt;a href=&#39;/nevent1qqsydcpm82alh3uelaretr0u6t608xjmh26r7gylrpavj5qqjzl2pjg5z3vzj&#39;&gt;nevent1q…3vzj&lt;/a&gt;&lt;br/&gt;_________________________&lt;br/&gt;&lt;br/&gt;📅 Original date posted:2021-03-15&lt;br/&gt;📝 Original message:Actually disregard my last email, I realize you were replying to somebody&lt;br/&gt;else instead of me. Please for proposals not related to my BIP, such as a&lt;br/&gt;form of &amp;#34;luck chance lottery&amp;#34;, post in a different discussion thread as to&lt;br/&gt;not draw confusion.&lt;br/&gt;&lt;br/&gt;Best regards, Andrew&lt;br/&gt;&lt;br/&gt;On Sun, Mar 14, 2021, 10:51 PM Lonero Foundation &amp;lt;&lt;br/&gt;loneroassociation at gmail.com&amp;gt; wrote:&lt;br/&gt;&lt;br/&gt;&amp;gt; I also want to emphasize that Bitcoin&amp;#39;s energy consumption is growing at&lt;br/&gt;&amp;gt; an exponential rate because of complexity. That in itself is a good thing&lt;br/&gt;&amp;gt; security-wise. However, there are limitations to the cryptography it is&lt;br/&gt;&amp;gt; using and the efficiency it is going about mining the way it is currently&lt;br/&gt;&amp;gt; done.&lt;br/&gt;&amp;gt;&lt;br/&gt;&amp;gt; Bitcoin can have this massive carbon footprint all become meaningless if&lt;br/&gt;&amp;gt; there is better math. So far we already outpaced many of the the more&lt;br/&gt;&amp;gt; traditional forms of cryptographic protocols Bitcoin is currently using,&lt;br/&gt;&amp;gt; including both for its mining and key validation. The hardware specificness&lt;br/&gt;&amp;gt; is also too limited.&lt;br/&gt;&amp;gt;&lt;br/&gt;&amp;gt; My proposal doesn&amp;#39;t redesign the way Bitcoin is structured or its system,&lt;br/&gt;&amp;gt; rather it focuses on improvement or replacing what is outdated, and making&lt;br/&gt;&amp;gt; it more resistant to centralization, forced monopolization or an attack.&lt;br/&gt;&amp;gt;&lt;br/&gt;&amp;gt; On Sun, Mar 14, 2021, 10:32 PM Lonero Foundation &amp;lt;&lt;br/&gt;&amp;gt; loneroassociation at gmail.com&amp;gt; wrote:&lt;br/&gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; Hi, just to clarify this isn&amp;#39;t a trade-off on security. Infact, my&lt;br/&gt;&amp;gt;&amp;gt; proposal actually increases the level of security that Bitcoin currently&lt;br/&gt;&amp;gt;&amp;gt; has. There is both an efficiency and cryptography aspect to this proposal.&lt;br/&gt;&amp;gt;&amp;gt; I talked about the higher levels of security a bit in my BIP, and have&lt;br/&gt;&amp;gt;&amp;gt; talked to a few about energy consumption.&lt;br/&gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; Outside of consumption of energy however, is the fact that BTC can be&lt;br/&gt;&amp;gt;&amp;gt; more adaptable towards a major range of hardware without disenfranchising&lt;br/&gt;&amp;gt;&amp;gt; others or other major trade-offs. There is no need for BTC to specifically&lt;br/&gt;&amp;gt;&amp;gt; be tailored towards ASICs if the same level of proof of work can be done&lt;br/&gt;&amp;gt;&amp;gt; from other hardware sources at similar costs. The technology and level of&lt;br/&gt;&amp;gt;&amp;gt; cryptography between now and when Satoshi started BTC development 14 years&lt;br/&gt;&amp;gt;&amp;gt; ago is also fastly different. BTC went from you can mine lots of Bitcoin by&lt;br/&gt;&amp;gt;&amp;gt; literally downloading the whitepaper, to USB miners, to ASICs to now whole&lt;br/&gt;&amp;gt;&amp;gt; entire mining centers.&lt;br/&gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; This is because of complexity, but that complexity in the near future can&lt;br/&gt;&amp;gt;&amp;gt; be entirely meaningless if it is vulnerable to some of the things many&lt;br/&gt;&amp;gt;&amp;gt; cryptography experts are worried about. Keep in mind this is in draft mode,&lt;br/&gt;&amp;gt;&amp;gt; but over time as further implementation is done, alot of the community&lt;br/&gt;&amp;gt;&amp;gt; including yourself might start being impressed by the more and more&lt;br/&gt;&amp;gt;&amp;gt; tangible results.&lt;br/&gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; Best regards, Andrew&lt;br/&gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; On Sun, Mar 14, 2021, 10:02 PM Eric Martindale &amp;lt;eric at ericmartindale.com&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; wrote:&lt;br/&gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; Bitcoin&amp;#39;s security is derived from the energy consumption of mining, so&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; reducing the overall expenditure would be an objective decrease in&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; resilience.  As a miner, your efficiency at converting energy into&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; hashpower is the driving factor in your profitability, so this and any&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; other future attempts to decrease the cost of attacking Bitcoin receives a&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; hard NACK from me.&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; If you&amp;#39;re concerned about missing out on the subsidy or fee revenue,&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; grab any number of the sub-500mSAT USB miners and get access to cheap power.&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; Sincerely,&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; Eric Martindale, relentless maker.&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; Founder &amp;amp; CEO, Fabric, Inc. &amp;lt;&lt;a href=&#34;https://fabric.fm&amp;gt&#34;&gt;https://fabric.fm&amp;gt&lt;/a&gt;;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &#43;1 (919) 374-2020&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; On Sun, Mar 14, 2021 at 9:41 AM LORD HIS EXCELLENCY JAMES HRMH via&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; bitcoin-dev &amp;lt;bitcoin-dev at lists.linuxfoundation.org&amp;gt; wrote:&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; Good Afternoon,&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; It is obvious that something needs to be done to curtail the current&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; cost of mining in kWh per block. I understand proposals are rejected&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; because it is considered censorship and Bitcoin has a consensus to allow&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; anyone to mine but, since mining requires specific hardware and energy&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; requirements it is already a form of censorship where most on the planet&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; except for the top 6% I am guessing here, cannot afford to mine. Without&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; affecting the current algorithm, I have previously begun to explore the&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; process by which mining can be turned into a lottery with only authorized&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; payto addresses able to mine valid blocks, since transaction fees and block&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; rewards exist to pay the miner. It would be better even if the algorithms&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; are improved if there are some ways that only a subset of miners can&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; produce valid blocks for any given period, say for 12 months with four&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; groups starting three months apart to transition, and maybe limit mining to&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; 50 people per continent to produce valid blocks at any one time. Possibly&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; this requires a consortium to oversee the lottery but it is something&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; Bitcoin can handle themselves, and would do better to handle than to wait&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; for government intervention as we have seen previously in China where power&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; was too cheap Bitcoin was banned entirely.&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; KING JAMES HRMH&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; Great British Empire&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; Regards,&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; The Australian&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; LORD HIS EXCELLENCY JAMES HRMH (&amp;amp; HMRH)&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; of Hougun Manor &amp;amp; Glencoe &amp;amp; British Empire&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; MR. Damian A. James Williamson&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; Wills&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; et al.&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; Willtech&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; www.willtech.com.au&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; www.go-overt.com&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; and other projects&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; earn.com/willtech&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; linkedin.com/in/damianwilliamson&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; m. 0487135719&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; f. &#43;61261470192&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; This email does not constitute a general advice. Please disregard this&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; email if misdelivered.&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; ------------------------------&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; *From:* bitcoin-dev &amp;lt;bitcoin-dev-bounces at lists.linuxfoundation.org&amp;gt; on&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; behalf of Lonero Foundation via bitcoin-dev &amp;lt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; bitcoin-dev at lists.linuxfoundation.org&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; *Sent:* Saturday, 6 March 2021 3:16 AM&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; *To:* Devrandom &amp;lt;c1.devrandom at niftybox.net&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; *Cc:* Bitcoin Protocol Discussion &amp;lt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; bitcoin-dev at lists.linuxfoundation.org&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; *Subject:* Re: [bitcoin-dev] BIP Proposal: Consensus (hard fork) PoST&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; Datastore for Energy Efficient Mining&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; Also in regards to my other email, I forgot to iterate that my&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; cryptography proposal helps behind the efficiency category but also tackles&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; problems such as NP-Completeness or Halting which is something the BTC&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; network could be vulnerable to in the future. For sake of simplicity, I do&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; want to do this BIP because it tackles lots of the issues in regards to&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; this manner and can provide useful insight to the community. If things such&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; as bigger block height have been proposed as hard forks, I feel at the very&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; least an upgrade regarding the hashing algorithm and cryptography does at&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; least warrant some discussion. Anyways I hope I can send you my BIP, just&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; let me know on the preferred format?&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; Best regards, Andrew&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; On Fri, Mar 5, 2021, 10:12 AM Lonero Foundation &amp;lt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; loneroassociation at gmail.com&amp;gt; wrote:&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; Hi, this isn&amp;#39;t about the energy efficient argument in regards to&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; renewables or mining devices but a better cryptography layer to get the&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; most out of your hashing for validation. I do understand the arbitrariness&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; of it, but do want to still propose a document. Do I use the Media Wiki&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; format on GitHub and just attach it as my proposal?&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; Best regards, Andrew&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; On Fri, Mar 5, 2021, 10:07 AM Devrandom &amp;lt;c1.devrandom at niftybox.net&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; wrote:&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; Hi Ryan and Andrew,&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; On Fri, Mar 5, 2021 at 5:42 AM Ryan Grant via bitcoin-dev &amp;lt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; bitcoin-dev at lists.linuxfoundation.org&amp;gt; wrote:&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;   &lt;a href=&#34;https://www.truthcoin.info/blog/pow-cheapest/&#34;&gt;https://www.truthcoin.info/blog/pow-cheapest/&lt;/a&gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;     &amp;#34;Nothing is Cheaper than Proof of Work&amp;#34;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;     on | 04 Aug 2015&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; Just to belabor this a bit, the paper demonstrates that the mining&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; market will tend to expend resources equivalent to miner reward.  It does&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; not prove that mining work has to expend *energy* as a primary cost.&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; Some might argue that energy expenditure has negative externalities and&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; that we should move to other resources.  I would argue that the negative&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; externalities will go away soon because of the move to renewables, so the&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; point is likely moot.&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; _______________________________________________&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; bitcoin-dev mailing list&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; bitcoin-dev at lists.linuxfoundation.org&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; &lt;a href=&#34;https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev&#34;&gt;https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev&lt;/a&gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;-------------- next part --------------&lt;br/&gt;An HTML attachment was scrubbed...&lt;br/&gt;URL: &amp;lt;&lt;a href=&#34;http://lists.linuxfoundation.org/pipermail/bitcoin-dev/attachments/20210314/b68c45ef/attachment-0001.html&amp;gt&#34;&gt;http://lists.linuxfoundation.org/pipermail/bitcoin-dev/attachments/20210314/b68c45ef/attachment-0001.html&amp;gt&lt;/a&gt;;
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    <updated>2023-06-07T18:30:24Z</updated>
  </entry>

  <entry>
    <id>https://nostr.ae/nevent1qqsydcpm82alh3uelaretr0u6t608xjmh26r7gylrpavj5qqjzl2pjgzyq0hje9wdtwen27ejard740dwd7z60nzs9yt9kp8u2s7gen9h2j5ckmq49v</id>
    
      <title type="html">📅 Original date posted:2021-03-15 📝 Original message:Hi, ...</title>
    
    <link rel="alternate" href="https://nostr.ae/nevent1qqsydcpm82alh3uelaretr0u6t608xjmh26r7gylrpavj5qqjzl2pjgzyq0hje9wdtwen27ejard740dwd7z60nzs9yt9kp8u2s7gen9h2j5ckmq49v" />
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      In reply to &lt;a href=&#39;/nevent1qqs964ekz4kxawalsru775vh34qwxwvk45nazyy7u8mkp46lxa5wtlcpjy59t&#39;&gt;nevent1q…y59t&lt;/a&gt;&lt;br/&gt;_________________________&lt;br/&gt;&lt;br/&gt;📅 Original date posted:2021-03-15&lt;br/&gt;📝 Original message:Hi, just to clarify this isn&amp;#39;t a trade-off on security. Infact, my proposal&lt;br/&gt;actually increases the level of security that Bitcoin currently has. There&lt;br/&gt;is both an efficiency and cryptography aspect to this proposal. I talked&lt;br/&gt;about the higher levels of security a bit in my BIP, and have talked to a&lt;br/&gt;few about energy consumption.&lt;br/&gt;&lt;br/&gt;Outside of consumption of energy however, is the fact that BTC can be more&lt;br/&gt;adaptable towards a major range of hardware without disenfranchising others&lt;br/&gt;or other major trade-offs. There is no need for BTC to specifically be&lt;br/&gt;tailored towards ASICs if the same level of proof of work can be done from&lt;br/&gt;other hardware sources at similar costs. The technology and level of&lt;br/&gt;cryptography between now and when Satoshi started BTC development 14 years&lt;br/&gt;ago is also fastly different. BTC went from you can mine lots of Bitcoin by&lt;br/&gt;literally downloading the whitepaper, to USB miners, to ASICs to now whole&lt;br/&gt;entire mining centers.&lt;br/&gt;&lt;br/&gt;This is because of complexity, but that complexity in the near future can&lt;br/&gt;be entirely meaningless if it is vulnerable to some of the things many&lt;br/&gt;cryptography experts are worried about. Keep in mind this is in draft mode,&lt;br/&gt;but over time as further implementation is done, alot of the community&lt;br/&gt;including yourself might start being impressed by the more and more&lt;br/&gt;tangible results.&lt;br/&gt;&lt;br/&gt;Best regards, Andrew&lt;br/&gt;&lt;br/&gt;On Sun, Mar 14, 2021, 10:02 PM Eric Martindale &amp;lt;eric at ericmartindale.com&amp;gt;&lt;br/&gt;wrote:&lt;br/&gt;&lt;br/&gt;&amp;gt; Bitcoin&amp;#39;s security is derived from the energy consumption of mining, so&lt;br/&gt;&amp;gt; reducing the overall expenditure would be an objective decrease in&lt;br/&gt;&amp;gt; resilience.  As a miner, your efficiency at converting energy into&lt;br/&gt;&amp;gt; hashpower is the driving factor in your profitability, so this and any&lt;br/&gt;&amp;gt; other future attempts to decrease the cost of attacking Bitcoin receives a&lt;br/&gt;&amp;gt; hard NACK from me.&lt;br/&gt;&amp;gt;&lt;br/&gt;&amp;gt; If you&amp;#39;re concerned about missing out on the subsidy or fee revenue, grab&lt;br/&gt;&amp;gt; any number of the sub-500mSAT USB miners and get access to cheap power.&lt;br/&gt;&amp;gt;&lt;br/&gt;&amp;gt; Sincerely,&lt;br/&gt;&amp;gt;&lt;br/&gt;&amp;gt; Eric Martindale, relentless maker.&lt;br/&gt;&amp;gt; Founder &amp;amp; CEO, Fabric, Inc. &amp;lt;&lt;a href=&#34;https://fabric.fm&amp;gt&#34;&gt;https://fabric.fm&amp;gt&lt;/a&gt;;&lt;br/&gt;&amp;gt; &#43;1 (919) 374-2020&lt;br/&gt;&amp;gt;&lt;br/&gt;&amp;gt;&lt;br/&gt;&amp;gt; On Sun, Mar 14, 2021 at 9:41 AM LORD HIS EXCELLENCY JAMES HRMH via&lt;br/&gt;&amp;gt; bitcoin-dev &amp;lt;bitcoin-dev at lists.linuxfoundation.org&amp;gt; wrote:&lt;br/&gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; Good Afternoon,&lt;br/&gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; It is obvious that something needs to be done to curtail the current cost&lt;br/&gt;&amp;gt;&amp;gt; of mining in kWh per block. I understand proposals are rejected because it&lt;br/&gt;&amp;gt;&amp;gt; is considered censorship and Bitcoin has a consensus to allow anyone to&lt;br/&gt;&amp;gt;&amp;gt; mine but, since mining requires specific hardware and energy requirements&lt;br/&gt;&amp;gt;&amp;gt; it is already a form of censorship where most on the planet except for the&lt;br/&gt;&amp;gt;&amp;gt; top 6% I am guessing here, cannot afford to mine. Without affecting the&lt;br/&gt;&amp;gt;&amp;gt; current algorithm, I have previously begun to explore the process by which&lt;br/&gt;&amp;gt;&amp;gt; mining can be turned into a lottery with only authorized payto addresses&lt;br/&gt;&amp;gt;&amp;gt; able to mine valid blocks, since transaction fees and block rewards exist&lt;br/&gt;&amp;gt;&amp;gt; to pay the miner. It would be better even if the algorithms are improved if&lt;br/&gt;&amp;gt;&amp;gt; there are some ways that only a subset of miners can produce valid blocks&lt;br/&gt;&amp;gt;&amp;gt; for any given period, say for 12 months with four groups starting three&lt;br/&gt;&amp;gt;&amp;gt; months apart to transition, and maybe limit mining to 50 people per&lt;br/&gt;&amp;gt;&amp;gt; continent to produce valid blocks at any one time. Possibly this requires a&lt;br/&gt;&amp;gt;&amp;gt; consortium to oversee the lottery but it is something Bitcoin can handle&lt;br/&gt;&amp;gt;&amp;gt; themselves, and would do better to handle than to wait for government&lt;br/&gt;&amp;gt;&amp;gt; intervention as we have seen previously in China where power was too cheap&lt;br/&gt;&amp;gt;&amp;gt; Bitcoin was banned entirely.&lt;br/&gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; KING JAMES HRMH&lt;br/&gt;&amp;gt;&amp;gt; Great British Empire&lt;br/&gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; Regards,&lt;br/&gt;&amp;gt;&amp;gt; The Australian&lt;br/&gt;&amp;gt;&amp;gt; LORD HIS EXCELLENCY JAMES HRMH (&amp;amp; HMRH)&lt;br/&gt;&amp;gt;&amp;gt; of Hougun Manor &amp;amp; Glencoe &amp;amp; British Empire&lt;br/&gt;&amp;gt;&amp;gt; MR. Damian A. James Williamson&lt;br/&gt;&amp;gt;&amp;gt; Wills&lt;br/&gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; et al.&lt;br/&gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; Willtech&lt;br/&gt;&amp;gt;&amp;gt; www.willtech.com.au&lt;br/&gt;&amp;gt;&amp;gt; www.go-overt.com&lt;br/&gt;&amp;gt;&amp;gt; and other projects&lt;br/&gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; earn.com/willtech&lt;br/&gt;&amp;gt;&amp;gt; linkedin.com/in/damianwilliamson&lt;br/&gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; m. 0487135719&lt;br/&gt;&amp;gt;&amp;gt; f. &#43;61261470192&lt;br/&gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; This email does not constitute a general advice. Please disregard this&lt;br/&gt;&amp;gt;&amp;gt; email if misdelivered.&lt;br/&gt;&amp;gt;&amp;gt; ------------------------------&lt;br/&gt;&amp;gt;&amp;gt; *From:* bitcoin-dev &amp;lt;bitcoin-dev-bounces at lists.linuxfoundation.org&amp;gt; on&lt;br/&gt;&amp;gt;&amp;gt; behalf of Lonero Foundation via bitcoin-dev &amp;lt;&lt;br/&gt;&amp;gt;&amp;gt; bitcoin-dev at lists.linuxfoundation.org&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; *Sent:* Saturday, 6 March 2021 3:16 AM&lt;br/&gt;&amp;gt;&amp;gt; *To:* Devrandom &amp;lt;c1.devrandom at niftybox.net&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; *Cc:* Bitcoin Protocol Discussion &amp;lt;bitcoin-dev at lists.linuxfoundation.org&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; *Subject:* Re: [bitcoin-dev] BIP Proposal: Consensus (hard fork) PoST&lt;br/&gt;&amp;gt;&amp;gt; Datastore for Energy Efficient Mining&lt;br/&gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; Also in regards to my other email, I forgot to iterate that my&lt;br/&gt;&amp;gt;&amp;gt; cryptography proposal helps behind the efficiency category but also tackles&lt;br/&gt;&amp;gt;&amp;gt; problems such as NP-Completeness or Halting which is something the BTC&lt;br/&gt;&amp;gt;&amp;gt; network could be vulnerable to in the future. For sake of simplicity, I do&lt;br/&gt;&amp;gt;&amp;gt; want to do this BIP because it tackles lots of the issues in regards to&lt;br/&gt;&amp;gt;&amp;gt; this manner and can provide useful insight to the community. If things such&lt;br/&gt;&amp;gt;&amp;gt; as bigger block height have been proposed as hard forks, I feel at the very&lt;br/&gt;&amp;gt;&amp;gt; least an upgrade regarding the hashing algorithm and cryptography does at&lt;br/&gt;&amp;gt;&amp;gt; least warrant some discussion. Anyways I hope I can send you my BIP, just&lt;br/&gt;&amp;gt;&amp;gt; let me know on the preferred format?&lt;br/&gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; Best regards, Andrew&lt;br/&gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; On Fri, Mar 5, 2021, 10:12 AM Lonero Foundation &amp;lt;&lt;br/&gt;&amp;gt;&amp;gt; loneroassociation at gmail.com&amp;gt; wrote:&lt;br/&gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; Hi, this isn&amp;#39;t about the energy efficient argument in regards to&lt;br/&gt;&amp;gt;&amp;gt; renewables or mining devices but a better cryptography layer to get the&lt;br/&gt;&amp;gt;&amp;gt; most out of your hashing for validation. I do understand the arbitrariness&lt;br/&gt;&amp;gt;&amp;gt; of it, but do want to still propose a document. Do I use the Media Wiki&lt;br/&gt;&amp;gt;&amp;gt; format on GitHub and just attach it as my proposal?&lt;br/&gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; Best regards, Andrew&lt;br/&gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; On Fri, Mar 5, 2021, 10:07 AM Devrandom &amp;lt;c1.devrandom at niftybox.net&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; wrote:&lt;br/&gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; Hi Ryan and Andrew,&lt;br/&gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; On Fri, Mar 5, 2021 at 5:42 AM Ryan Grant via bitcoin-dev &amp;lt;&lt;br/&gt;&amp;gt;&amp;gt; bitcoin-dev at lists.linuxfoundation.org&amp;gt; wrote:&lt;br/&gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;   &lt;a href=&#34;https://www.truthcoin.info/blog/pow-cheapest/&#34;&gt;https://www.truthcoin.info/blog/pow-cheapest/&lt;/a&gt;&lt;br/&gt;&amp;gt;&amp;gt;     &amp;#34;Nothing is Cheaper than Proof of Work&amp;#34;&lt;br/&gt;&amp;gt;&amp;gt;     on | 04 Aug 2015&lt;br/&gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; Just to belabor this a bit, the paper demonstrates that the mining market&lt;br/&gt;&amp;gt;&amp;gt; will tend to expend resources equivalent to miner reward.  It does not&lt;br/&gt;&amp;gt;&amp;gt; prove that mining work has to expend *energy* as a primary cost.&lt;br/&gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; Some might argue that energy expenditure has negative externalities and&lt;br/&gt;&amp;gt;&amp;gt; that we should move to other resources.  I would argue that the negative&lt;br/&gt;&amp;gt;&amp;gt; externalities will go away soon because of the move to renewables, so the&lt;br/&gt;&amp;gt;&amp;gt; point is likely moot.&lt;br/&gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; _______________________________________________&lt;br/&gt;&amp;gt;&amp;gt; bitcoin-dev mailing list&lt;br/&gt;&amp;gt;&amp;gt; bitcoin-dev at lists.linuxfoundation.org&lt;br/&gt;&amp;gt;&amp;gt; &lt;a href=&#34;https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev&#34;&gt;https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev&lt;/a&gt;&lt;br/&gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&lt;br/&gt;-------------- next part --------------&lt;br/&gt;An HTML attachment was scrubbed...&lt;br/&gt;URL: &amp;lt;&lt;a href=&#34;http://lists.linuxfoundation.org/pipermail/bitcoin-dev/attachments/20210314/c1ddb7c3/attachment-0001.html&amp;gt&#34;&gt;http://lists.linuxfoundation.org/pipermail/bitcoin-dev/attachments/20210314/c1ddb7c3/attachment-0001.html&amp;gt&lt;/a&gt;;
    </content>
    <updated>2023-06-07T18:30:23Z</updated>
  </entry>

  <entry>
    <id>https://nostr.ae/nevent1qqs9hwmrnkjstfnk2068fph7tlh5l5aqt6cxpekgxa5a9zjccfjtr4szyq0hje9wdtwen27ejard740dwd7z60nzs9yt9kp8u2s7gen9h2j5c9g8raw</id>
    
      <title type="html">📅 Original date posted:2021-03-16 📝 Original message:In ...</title>
    
    <link rel="alternate" href="https://nostr.ae/nevent1qqs9hwmrnkjstfnk2068fph7tlh5l5aqt6cxpekgxa5a9zjccfjtr4szyq0hje9wdtwen27ejard740dwd7z60nzs9yt9kp8u2s7gen9h2j5c9g8raw" />
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      In reply to &lt;a href=&#39;/nevent1qqsxs6f59cs9u86ydqvzgd6jj74kztygjp6zleflaccwdnmmm7ujpkcf0837t&#39;&gt;nevent1q…837t&lt;/a&gt;&lt;br/&gt;_________________________&lt;br/&gt;&lt;br/&gt;📅 Original date posted:2021-03-16&lt;br/&gt;📝 Original message:In regards to my BIP proposal, I finally added a bit more details to the&lt;br/&gt;draft. So far an interesting discussion to say the least.&lt;br/&gt;&lt;br/&gt;Best regards, Andrew&lt;br/&gt;&lt;br/&gt;On Tue, Mar 16, 2021, 9:23 AM Thomas Hartman via bitcoin-dev &amp;lt;&lt;br/&gt;bitcoin-dev at lists.linuxfoundation.org&amp;gt; wrote:&lt;br/&gt;&lt;br/&gt;&amp;gt; MY LORD HIS EXCELLENCY:&lt;br/&gt;&amp;gt;&lt;br/&gt;&amp;gt;   It is indeed a contest between free markets and central planning.&lt;br/&gt;&amp;gt;&lt;br/&gt;&amp;gt;   Governments can in effect say, you are permitted to buy energy to&lt;br/&gt;&amp;gt; smelt aluminum, but not to mine bitcoin, even if bitcoin is more&lt;br/&gt;&amp;gt; profitable.&lt;br/&gt;&amp;gt;&lt;br/&gt;&amp;gt;   To the extent that free markets in energy are suppressed, as you&lt;br/&gt;&amp;gt; pointed out in china, bitcoin can indeed be suppressed.&lt;br/&gt;&amp;gt;&lt;br/&gt;&amp;gt;   The solution is not to make bitcoin a centrally managed currency,&lt;br/&gt;&amp;gt; but to fight hard for free speech, free markets, and in particular&lt;br/&gt;&amp;gt; free markets in energy.&lt;br/&gt;&amp;gt;&lt;br/&gt;&amp;gt;   That being said, bitcoin is designed to thrive even if driven&lt;br/&gt;&amp;gt; underground.&lt;br/&gt;&amp;gt;&lt;br/&gt;&amp;gt;   Your humble subject etc.&lt;br/&gt;&amp;gt;&lt;br/&gt;&amp;gt;&lt;br/&gt;&amp;gt;&lt;br/&gt;&amp;gt;&lt;br/&gt;&amp;gt;&lt;br/&gt;&amp;gt; On Sun, Mar 14, 2021 at 9:41 AM LORD HIS EXCELLENCY JAMES HRMH via&lt;br/&gt;&amp;gt; bitcoin-dev &amp;lt;bitcoin-dev at lists.linuxfoundation.org&amp;gt; wrote:&lt;br/&gt;&amp;gt; &amp;gt;&lt;br/&gt;&amp;gt; &amp;gt; Good Afternoon,&lt;br/&gt;&amp;gt; &amp;gt;&lt;br/&gt;&amp;gt; &amp;gt; It is obvious that something needs to be done to curtail the current&lt;br/&gt;&amp;gt; cost of mining in kWh per block. I understand proposals are rejected&lt;br/&gt;&amp;gt; because it is considered censorship and Bitcoin has a consensus to allow&lt;br/&gt;&amp;gt; anyone to mine but, since mining requires specific hardware and energy&lt;br/&gt;&amp;gt; requirements it is already a form of censorship where most on the planet&lt;br/&gt;&amp;gt; except for the top 6% I am guessing here, cannot afford to mine. Without&lt;br/&gt;&amp;gt; affecting the current algorithm, I have previously begun to explore the&lt;br/&gt;&amp;gt; process by which mining can be turned into a lottery with only authorized&lt;br/&gt;&amp;gt; payto addresses able to mine valid blocks, since transaction fees and block&lt;br/&gt;&amp;gt; rewards exist to pay the miner. It would be better even if the algorithms&lt;br/&gt;&amp;gt; are improved if there are some ways that only a subset of miners can&lt;br/&gt;&amp;gt; produce valid blocks for any given period, say for 12 months with four&lt;br/&gt;&amp;gt; groups starting three months apart to transition, and maybe limit mining to&lt;br/&gt;&amp;gt; 50 people per continent to produce valid blocks at any o&lt;br/&gt;&amp;gt;  ne time. Possibly this requires a consortium to oversee the lottery but&lt;br/&gt;&amp;gt; it is something Bitcoin can handle themselves, and would do better to&lt;br/&gt;&amp;gt; handle than to wait for government intervention as we have seen previously&lt;br/&gt;&amp;gt; in China where power was too cheap Bitcoin was banned entirely.&lt;br/&gt;&amp;gt; &amp;gt;&lt;br/&gt;&amp;gt; &amp;gt; KING JAMES HRMH&lt;br/&gt;&amp;gt; &amp;gt; Great British Empire&lt;br/&gt;&amp;gt; &amp;gt;&lt;br/&gt;&amp;gt; &amp;gt; Regards,&lt;br/&gt;&amp;gt; &amp;gt; The Australian&lt;br/&gt;&amp;gt; &amp;gt; LORD HIS EXCELLENCY JAMES HRMH (&amp;amp; HMRH)&lt;br/&gt;&amp;gt; &amp;gt; of Hougun Manor &amp;amp; Glencoe &amp;amp; British Empire&lt;br/&gt;&amp;gt; &amp;gt; MR. Damian A. James Williamson&lt;br/&gt;&amp;gt; &amp;gt; Wills&lt;br/&gt;&amp;gt; &amp;gt;&lt;br/&gt;&amp;gt; &amp;gt; et al.&lt;br/&gt;&amp;gt; &amp;gt;&lt;br/&gt;&amp;gt; &amp;gt;&lt;br/&gt;&amp;gt; &amp;gt; Willtech&lt;br/&gt;&amp;gt; &amp;gt; www.willtech.com.au&lt;br/&gt;&amp;gt; &amp;gt; www.go-overt.com&lt;br/&gt;&amp;gt; &amp;gt; and other projects&lt;br/&gt;&amp;gt; &amp;gt;&lt;br/&gt;&amp;gt; &amp;gt; earn.com/willtech&lt;br/&gt;&amp;gt; &amp;gt; linkedin.com/in/damianwilliamson&lt;br/&gt;&amp;gt; &amp;gt;&lt;br/&gt;&amp;gt; &amp;gt;&lt;br/&gt;&amp;gt; &amp;gt; m. 0487135719&lt;br/&gt;&amp;gt; &amp;gt; f. &#43;61261470192&lt;br/&gt;&amp;gt; &amp;gt;&lt;br/&gt;&amp;gt; &amp;gt;&lt;br/&gt;&amp;gt; &amp;gt; This email does not constitute a general advice. Please disregard this&lt;br/&gt;&amp;gt; email if misdelivered.&lt;br/&gt;&amp;gt; &amp;gt; ________________________________&lt;br/&gt;&amp;gt; &amp;gt; From: bitcoin-dev &amp;lt;bitcoin-dev-bounces at lists.linuxfoundation.org&amp;gt; on&lt;br/&gt;&amp;gt; behalf of Lonero Foundation via bitcoin-dev &amp;lt;&lt;br/&gt;&amp;gt; bitcoin-dev at lists.linuxfoundation.org&amp;gt;&lt;br/&gt;&amp;gt; &amp;gt; Sent: Saturday, 6 March 2021 3:16 AM&lt;br/&gt;&amp;gt; &amp;gt; To: Devrandom &amp;lt;c1.devrandom at niftybox.net&amp;gt;&lt;br/&gt;&amp;gt; &amp;gt; Cc: Bitcoin Protocol Discussion &amp;lt;bitcoin-dev at lists.linuxfoundation.org&amp;gt;&lt;br/&gt;&amp;gt; &amp;gt; Subject: Re: [bitcoin-dev] BIP Proposal: Consensus (hard fork) PoST&lt;br/&gt;&amp;gt; Datastore for Energy Efficient Mining&lt;br/&gt;&amp;gt; &amp;gt;&lt;br/&gt;&amp;gt; &amp;gt; Also in regards to my other email, I forgot to iterate that my&lt;br/&gt;&amp;gt; cryptography proposal helps behind the efficiency category but also tackles&lt;br/&gt;&amp;gt; problems such as NP-Completeness or Halting which is something the BTC&lt;br/&gt;&amp;gt; network could be vulnerable to in the future. For sake of simplicity, I do&lt;br/&gt;&amp;gt; want to do this BIP because it tackles lots of the issues in regards to&lt;br/&gt;&amp;gt; this manner and can provide useful insight to the community. If things such&lt;br/&gt;&amp;gt; as bigger block height have been proposed as hard forks, I feel at the very&lt;br/&gt;&amp;gt; least an upgrade regarding the hashing algorithm and cryptography does at&lt;br/&gt;&amp;gt; least warrant some discussion. Anyways I hope I can send you my BIP, just&lt;br/&gt;&amp;gt; let me know on the preferred format?&lt;br/&gt;&amp;gt; &amp;gt;&lt;br/&gt;&amp;gt; &amp;gt; Best regards, Andrew&lt;br/&gt;&amp;gt; &amp;gt;&lt;br/&gt;&amp;gt; &amp;gt; On Fri, Mar 5, 2021, 10:12 AM Lonero Foundation &amp;lt;&lt;br/&gt;&amp;gt; loneroassociation at gmail.com&amp;gt; wrote:&lt;br/&gt;&amp;gt; &amp;gt;&lt;br/&gt;&amp;gt; &amp;gt; Hi, this isn&amp;#39;t about the energy efficient argument in regards to&lt;br/&gt;&amp;gt; renewables or mining devices but a better cryptography layer to get the&lt;br/&gt;&amp;gt; most out of your hashing for validation. I do understand the arbitrariness&lt;br/&gt;&amp;gt; of it, but do want to still propose a document. Do I use the Media Wiki&lt;br/&gt;&amp;gt; format on GitHub and just attach it as my proposal?&lt;br/&gt;&amp;gt; &amp;gt;&lt;br/&gt;&amp;gt; &amp;gt; Best regards, Andrew&lt;br/&gt;&amp;gt; &amp;gt;&lt;br/&gt;&amp;gt; &amp;gt; On Fri, Mar 5, 2021, 10:07 AM Devrandom &amp;lt;c1.devrandom at niftybox.net&amp;gt;&lt;br/&gt;&amp;gt; wrote:&lt;br/&gt;&amp;gt; &amp;gt;&lt;br/&gt;&amp;gt; &amp;gt; Hi Ryan and Andrew,&lt;br/&gt;&amp;gt; &amp;gt;&lt;br/&gt;&amp;gt; &amp;gt; On Fri, Mar 5, 2021 at 5:42 AM Ryan Grant via bitcoin-dev &amp;lt;&lt;br/&gt;&amp;gt; bitcoin-dev at lists.linuxfoundation.org&amp;gt; wrote:&lt;br/&gt;&amp;gt; &amp;gt;&lt;br/&gt;&amp;gt; &amp;gt;&lt;br/&gt;&amp;gt; &amp;gt;   &lt;a href=&#34;https://www.truthcoin.info/blog/pow-cheapest/&#34;&gt;https://www.truthcoin.info/blog/pow-cheapest/&lt;/a&gt;&lt;br/&gt;&amp;gt; &amp;gt;     &amp;#34;Nothing is Cheaper than Proof of Work&amp;#34;&lt;br/&gt;&amp;gt; &amp;gt;     on | 04 Aug 2015&lt;br/&gt;&amp;gt; &amp;gt;&lt;br/&gt;&amp;gt; &amp;gt;&lt;br/&gt;&amp;gt; &amp;gt; Just to belabor this a bit, the paper demonstrates that the mining&lt;br/&gt;&amp;gt; market will tend to expend resources equivalent to miner reward.  It does&lt;br/&gt;&amp;gt; not prove that mining work has to expend *energy* as a primary cost.&lt;br/&gt;&amp;gt; &amp;gt;&lt;br/&gt;&amp;gt; &amp;gt; Some might argue that energy expenditure has negative externalities and&lt;br/&gt;&amp;gt; that we should move to other resources.  I would argue that the negative&lt;br/&gt;&amp;gt; externalities will go away soon because of the move to renewables, so the&lt;br/&gt;&amp;gt; point is likely moot.&lt;br/&gt;&amp;gt; &amp;gt;&lt;br/&gt;&amp;gt; &amp;gt; _______________________________________________&lt;br/&gt;&amp;gt; &amp;gt; bitcoin-dev mailing list&lt;br/&gt;&amp;gt; &amp;gt; bitcoin-dev at lists.linuxfoundation.org&lt;br/&gt;&amp;gt; &amp;gt; &lt;a href=&#34;https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev&#34;&gt;https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev&lt;/a&gt;&lt;br/&gt;&amp;gt; _______________________________________________&lt;br/&gt;&amp;gt; bitcoin-dev mailing list&lt;br/&gt;&amp;gt; bitcoin-dev at lists.linuxfoundation.org&lt;br/&gt;&amp;gt; &lt;a href=&#34;https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev&#34;&gt;https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev&lt;/a&gt;&lt;br/&gt;&amp;gt;&lt;br/&gt;-------------- next part --------------&lt;br/&gt;An HTML attachment was scrubbed...&lt;br/&gt;URL: &amp;lt;&lt;a href=&#34;http://lists.linuxfoundation.org/pipermail/bitcoin-dev/attachments/20210316/8cd8a2b8/attachment-0001.html&amp;gt&#34;&gt;http://lists.linuxfoundation.org/pipermail/bitcoin-dev/attachments/20210316/8cd8a2b8/attachment-0001.html&amp;gt&lt;/a&gt;;
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    <updated>2023-06-07T18:30:22Z</updated>
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  <entry>
    <id>https://nostr.ae/nevent1qqsysu73wkcxxujqfqdrnq5t5mmyj62cdyss8mj6uknzcejwy2hx7jszyq0hje9wdtwen27ejard740dwd7z60nzs9yt9kp8u2s7gen9h2j5cy6tlyz</id>
    
      <title type="html">📅 Original date posted:2021-03-17 📝 Original message:The ...</title>
    
    <link rel="alternate" href="https://nostr.ae/nevent1qqsysu73wkcxxujqfqdrnq5t5mmyj62cdyss8mj6uknzcejwy2hx7jszyq0hje9wdtwen27ejard740dwd7z60nzs9yt9kp8u2s7gen9h2j5cy6tlyz" />
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      In reply to &lt;a href=&#39;/nevent1qqsxx88fj6dvq3wnyxxlvg3kgyghrgfkhm6ctm3qqzjm9sgyjmzaemgmz2usj&#39;&gt;nevent1q…2usj&lt;/a&gt;&lt;br/&gt;_________________________&lt;br/&gt;&lt;br/&gt;📅 Original date posted:2021-03-17&lt;br/&gt;📝 Original message:The advantage is simple, access to more computational opportunities means a&lt;br/&gt;more scalable network and other reasons, including further options for&lt;br/&gt;optimization. There are also lots of reasons to believe a huge demand of&lt;br/&gt;unmet needs in this space. Why force people to mine Chia if they want to&lt;br/&gt;mine BTC, and why can&amp;#39;t highly specialized HPC clusters mine in similar&lt;br/&gt;ways to many of the large ASIC farms? Like I said the design and&lt;br/&gt;implementation needs to be correct for that to work, and I intended to look&lt;br/&gt;towards improving the algo to get the best of both worlds. In regards to&lt;br/&gt;SHA256d, that is an entirely different discussion, but even if one was to&lt;br/&gt;stick to SHA256d for an hashing algo, there are still implementations of&lt;br/&gt;PoW likely more adaptable.&lt;br/&gt;&lt;br/&gt;Best regards, Andrew&lt;br/&gt;&lt;br/&gt;On Wed, Mar 17, 2021, 2:56 AM ZmnSCPxj &amp;lt;ZmnSCPxj at protonmail.com&amp;gt; wrote:&lt;br/&gt;&lt;br/&gt;&amp;gt; Good morning Andrew,&lt;br/&gt;&amp;gt;&lt;br/&gt;&amp;gt; &amp;gt; I wouldn&amp;#39;t fully discount general purpose hardware or hardware outside&lt;br/&gt;&amp;gt; of the realm of ASICS. BOINC (&lt;br/&gt;&amp;gt; &lt;a href=&#34;https://cds.cern.ch/record/800111/files/p1099.pdf&#34;&gt;https://cds.cern.ch/record/800111/files/p1099.pdf&lt;/a&gt;) implements a decent&lt;br/&gt;&amp;gt; distributed computing protocol (granted it isn&amp;#39;t a cryptocurrency), but it&lt;br/&gt;&amp;gt; far computes data at a much cheaper cost compared to the competition w/&lt;br/&gt;&amp;gt; decent levels of fault tolerance. I myself am running an extremely large&lt;br/&gt;&amp;gt; scale open distributed computing pipeline, and can tell you for certain&lt;br/&gt;&amp;gt; that what is out there is insane. In regards to the argument of generic&lt;br/&gt;&amp;gt; HDDs and CPUs, the algorithmic implementation I am providing would likely&lt;br/&gt;&amp;gt; make them more adaptable. More than likely, evidently there would be&lt;br/&gt;&amp;gt; specialized HDDs similar to BurstCoin Miners, and 128-core CPUs, and all&lt;br/&gt;&amp;gt; that. This could be inevitable, but the main point is providing access to&lt;br/&gt;&amp;gt; other forms of computation along w/ ASICs. At the very least, the generic&lt;br/&gt;&amp;gt; guys can experience it, and other infrastructures can have some form of&lt;br/&gt;&amp;gt; compatibility.&lt;br/&gt;&amp;gt;&lt;br/&gt;&amp;gt; What would the advantage of this be?&lt;br/&gt;&amp;gt;&lt;br/&gt;&amp;gt; As I see it, changing the underlying algorithm is simply an attempt to&lt;br/&gt;&amp;gt; reverse history, by requiring a new strain of specialization to be started&lt;br/&gt;&amp;gt; instead of continuing the trend of optimizing SHA256d very very well.&lt;br/&gt;&amp;gt;&lt;br/&gt;&amp;gt; I think it may be better to push *through* rather than *back*, and instead&lt;br/&gt;&amp;gt; spread the optimization of SHA256d-specific hardware so widely that anyone&lt;br/&gt;&amp;gt; with 2 BTC liquidity in one location has no particular advantage over&lt;br/&gt;&amp;gt; anyone with 2 BTC liquidity in another location.&lt;br/&gt;&amp;gt; For one, I expect that there will be fewer patentable surprises remaining&lt;br/&gt;&amp;gt; with SHA256d than any newer, much more complicated construction.&lt;br/&gt;&amp;gt;&lt;br/&gt;&amp;gt; Regards,&lt;br/&gt;&amp;gt; ZmnSCPxj&lt;br/&gt;&amp;gt;&lt;br/&gt;-------------- next part --------------&lt;br/&gt;An HTML attachment was scrubbed...&lt;br/&gt;URL: &amp;lt;&lt;a href=&#34;http://lists.linuxfoundation.org/pipermail/bitcoin-dev/attachments/20210317/1359e0dc/attachment.html&amp;gt&#34;&gt;http://lists.linuxfoundation.org/pipermail/bitcoin-dev/attachments/20210317/1359e0dc/attachment.html&amp;gt&lt;/a&gt;;
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    <updated>2023-06-07T18:30:21Z</updated>
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    <id>https://nostr.ae/nevent1qqsy5zeqh69tuacuy2m70a88wjxy5rnkkgv9v642cxmrjxhgqlxfxrqzyq0hje9wdtwen27ejard740dwd7z60nzs9yt9kp8u2s7gen9h2j5cvym5l9</id>
    
      <title type="html">📅 Original date posted:2021-03-17 📝 Original message:I ...</title>
    
    <link rel="alternate" href="https://nostr.ae/nevent1qqsy5zeqh69tuacuy2m70a88wjxy5rnkkgv9v642cxmrjxhgqlxfxrqzyq0hje9wdtwen27ejard740dwd7z60nzs9yt9kp8u2s7gen9h2j5cvym5l9" />
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      In reply to &lt;a href=&#39;/nevent1qqsx9v52vj4w6ryncxj0j5d753j5u50rll0qta9m2u4n3svuzfecykq6vkk44&#39;&gt;nevent1q…kk44&lt;/a&gt;&lt;br/&gt;_________________________&lt;br/&gt;&lt;br/&gt;📅 Original date posted:2021-03-17&lt;br/&gt;📝 Original message:I wouldn&amp;#39;t fully discount general purpose hardware or hardware outside of&lt;br/&gt;the realm of ASICS. BOINC (&lt;a href=&#34;https://cds.cern.ch/record/800111/files/p1099.pdf&#34;&gt;https://cds.cern.ch/record/800111/files/p1099.pdf&lt;/a&gt;)&lt;br/&gt;implements a decent distributed computing protocol (granted it isn&amp;#39;t a&lt;br/&gt;cryptocurrency), but it far computes data at a much cheaper cost compared&lt;br/&gt;to the competition w/ decent levels of fault tolerance. I myself am running&lt;br/&gt;an extremely large scale open distributed computing pipeline, and can tell&lt;br/&gt;you for certain that what is out there is insane. In regards to the&lt;br/&gt;argument of generic HDDs and CPUs, the algorithmic implementation I am&lt;br/&gt;providing would likely make them more adaptable. More than likely,&lt;br/&gt;evidently there would be specialized HDDs similar to BurstCoin Miners, and&lt;br/&gt;128-core CPUs, and all that. This could be inevitable, but the main point&lt;br/&gt;is providing access to other forms of computation along w/ ASICs. At the&lt;br/&gt;very least, the generic guys can experience it, and other infrastructures&lt;br/&gt;can have some form of compatibility. In regards to ASICBOOST, I am already&lt;br/&gt;well aware of it, as well as mining firmwares, autotuning, multi-threaded&lt;br/&gt;processing setups, overclocking, and even different research firms&lt;br/&gt;involved. I think it is feasible to provide multiple forms of computation&lt;br/&gt;without disenfranchising one over the other. I&amp;#39;m also well aware of the&lt;br/&gt;history of BTC and how you can mine BTC just by downloading the whitepaper,&lt;br/&gt;to USB block erupters, to generic CPUs, to few ASICS, to entire mining&lt;br/&gt;farms. I also have seen experimental projects such as Cuckoo&lt;br/&gt;&amp;lt;&lt;a href=&#34;https://github.com/tromp/cuckoo&amp;gt&#34;&gt;https://github.com/tromp/cuckoo&amp;gt&lt;/a&gt;;, so I know the arguments regarding&lt;br/&gt;computation vs. memory boundness and whether or not they can be one of the&lt;br/&gt;same. The answer is yes, but it needs to be designed correctly. I think in&lt;br/&gt;regards to the level of improvement, this is just one of the improvements&lt;br/&gt;in my BIPs in regards to making PoW more adaptable. I also have&lt;br/&gt;cryptography improvements I&amp;#39;m looking into as well. Nonetheless, I believe&lt;br/&gt;the implementation I want to do would at the very least be quite&lt;br/&gt;interesting.&lt;br/&gt;&lt;br/&gt;Best regards, Andrew&lt;br/&gt;&lt;br/&gt;On Wed, Mar 17, 2021 at 1:05 AM ZmnSCPxj &amp;lt;ZmnSCPxj at protonmail.com&amp;gt; wrote:&lt;br/&gt;&lt;br/&gt;&amp;gt; Good morning Andrew,&lt;br/&gt;&amp;gt;&lt;br/&gt;&amp;gt; Looking over the text...&lt;br/&gt;&amp;gt;&lt;br/&gt;&amp;gt; &amp;gt; # I am looking towards integrating memory hard compatibility w/ the&lt;br/&gt;&amp;gt; mining algorithm. Memory hard computation allows for time and space&lt;br/&gt;&amp;gt; complexity for data storage functionality, and there is a way this can&lt;br/&gt;&amp;gt; likely be implemented without disenfranchising current miners or their&lt;br/&gt;&amp;gt; hardware if done right.&lt;br/&gt;&amp;gt;&lt;br/&gt;&amp;gt; I believe this represents a tradeoff between time and space --- either you&lt;br/&gt;&amp;gt; use one spatial unit and take a lot of time, or you use multiple spatial&lt;br/&gt;&amp;gt; units and take smaller units of time.&lt;br/&gt;&amp;gt;&lt;br/&gt;&amp;gt; But such time/space tradeoffs are already possible with the existing&lt;br/&gt;&amp;gt; mechanism --- if you cannot run your existing SHA256d miner faster (time),&lt;br/&gt;&amp;gt; you just buy more miners (space).&lt;br/&gt;&amp;gt;&lt;br/&gt;&amp;gt; Thus, I think the requirement for memory hardness is a red herring in the&lt;br/&gt;&amp;gt; design of proof-of-work algorithms.&lt;br/&gt;&amp;gt; Memory hardness *prevents* this tradeoff (you cannot create a smaller&lt;br/&gt;&amp;gt; miner that takes longer to mine, as you have a memory requirement that&lt;br/&gt;&amp;gt; prevents trading off space).&lt;br/&gt;&amp;gt;&lt;br/&gt;&amp;gt; It is also helpful to remember that spinning rust consumes electricity as&lt;br/&gt;&amp;gt; well, and that any operation that requires changes in data being stored&lt;br/&gt;&amp;gt; requires a lot of energy.&lt;br/&gt;&amp;gt; Indeed, in purely computational algorithms (e.g. CPU processing pipelines)&lt;br/&gt;&amp;gt; a significant amount of energy is spent on *changing* voltage levels, with&lt;br/&gt;&amp;gt; very little energy (negligible compared to the energy spent in changing&lt;br/&gt;&amp;gt; voltage levels in modern CMOS hardware) in *maintaining* the voltage levels.&lt;br/&gt;&amp;gt;&lt;br/&gt;&amp;gt; &amp;gt; I don&amp;#39;t see a reason why somebody with $2m of regular hardware can&amp;#39;t&lt;br/&gt;&amp;gt; mine the same amount of BTC as somebody with $2m worth of ASICs.&lt;br/&gt;&amp;gt;&lt;br/&gt;&amp;gt; I assume here that &amp;#34;regular hardware&amp;#34; means &amp;#34;general-purpose computing&lt;br/&gt;&amp;gt; device&amp;#34;.&lt;br/&gt;&amp;gt;&lt;br/&gt;&amp;gt; The Futamura projections are a good reason I see:&lt;br/&gt;&amp;gt; &lt;a href=&#34;http://blog.sigfpe.com/2009/05/three-projections-of-doctor-futamura.html&#34;&gt;http://blog.sigfpe.com/2009/05/three-projections-of-doctor-futamura.html&lt;/a&gt;&lt;br/&gt;&amp;gt;&lt;br/&gt;&amp;gt; Basically, any interpreter &#43; fixed program can be converted, via Futamura&lt;br/&gt;&amp;gt; projection, to an optimized program that cannot interpret any other program&lt;br/&gt;&amp;gt; but runs faster and takes less resources.&lt;br/&gt;&amp;gt;&lt;br/&gt;&amp;gt; In short, any hardware interpreter (i.e. general-purpose computing device)&lt;br/&gt;&amp;gt; &#43; a fixed proof-of-whatever program, can be converted to an optimized&lt;br/&gt;&amp;gt; hardware that can only perform that proof-of-whatever program, but&lt;br/&gt;&amp;gt; consuming less energy and space and will (eventually) be cheaper per unit&lt;br/&gt;&amp;gt; as well, so that $2M of such a specific hardware will outperform $2M of&lt;br/&gt;&amp;gt; general-purpose computing hardwre.&lt;br/&gt;&amp;gt;&lt;br/&gt;&amp;gt; Thus, all application-specificity (i.e. any fixed program) will always&lt;br/&gt;&amp;gt; take less resources to run than a generic hardware interpreter that can run&lt;br/&gt;&amp;gt; any program.&lt;br/&gt;&amp;gt;&lt;br/&gt;&amp;gt; Thus, if you ever nail down the specifics of your algorithm, and if a&lt;br/&gt;&amp;gt; thousand-Bitcoin industry ever grows around that program, you will find&lt;br/&gt;&amp;gt; that ASICs ***will*** arise that run that algorithm faster and less&lt;br/&gt;&amp;gt; energy-consuming than general-purpose hardware that has to interpret a&lt;br/&gt;&amp;gt; binary.&lt;br/&gt;&amp;gt; **For one, memory/disk bus operations are limited only to actual data,&lt;br/&gt;&amp;gt; without requiring additional bus operations to fetch code.**&lt;br/&gt;&amp;gt; Data can be connected directly from the output of one computational&lt;br/&gt;&amp;gt; sub-unit to the input of another, without requiring (as in the&lt;br/&gt;&amp;gt; general-purpose hardware case) that the intermediate outputs be placed in&lt;br/&gt;&amp;gt; general-purpose storage register (which, as noted, takes energy to *change*&lt;br/&gt;&amp;gt; its contents, and as general-purpose storage will also be used to hold&lt;br/&gt;&amp;gt; *other* intermediate outputs).&lt;br/&gt;&amp;gt; Specialized HDDs can arise as well which are optimized for whatever access&lt;br/&gt;&amp;gt; pattern your scheme requires, and that would also outperform&lt;br/&gt;&amp;gt; general-purpose HDDs as well.&lt;br/&gt;&amp;gt;&lt;br/&gt;&amp;gt; Further optimizations may also exist in an ASIC context that are not&lt;br/&gt;&amp;gt; readily visible but which are likely to be hidden somewhere --- the more&lt;br/&gt;&amp;gt; complicated your program design, the more likely it is that you will not&lt;br/&gt;&amp;gt; readily see such hidden optimizations that can be achieved by ASICs (xref&lt;br/&gt;&amp;gt; ASICBOOST).&lt;br/&gt;&amp;gt;&lt;br/&gt;&amp;gt; In short, even with memory-hardness, an ASIC will arise which might need&lt;br/&gt;&amp;gt; to be connected to an array of (possibly specialized) HDDs but which will&lt;br/&gt;&amp;gt; still outperform your general-purpose hardware connected to an array of&lt;br/&gt;&amp;gt; general-purpose storage.&lt;br/&gt;&amp;gt;&lt;br/&gt;&amp;gt; Indeed, various storage solutions already have different specializations:&lt;br/&gt;&amp;gt; SMR HDDs replace tape drives, PMR HDDs serve as caches of SMR HDDs, SSDs&lt;br/&gt;&amp;gt; serve as caches of PMR HDDs.&lt;br/&gt;&amp;gt; An optimized technology stack like that can outperform a generic HDD.&lt;br/&gt;&amp;gt;&lt;br/&gt;&amp;gt; You cannot fight the inevitability of ASICs and other specialized&lt;br/&gt;&amp;gt; hardware, just as you cannot fight specialization.&lt;br/&gt;&amp;gt;&lt;br/&gt;&amp;gt; You puny humans must specialize in order to achieve the heights of your&lt;br/&gt;&amp;gt; civilization --- I can bet you 547 satoshis that you yourself cannot farm&lt;br/&gt;&amp;gt; your own food, you specialize in software engineering of some kind and just&lt;br/&gt;&amp;gt; pay a farmer to harvest your food for you.&lt;br/&gt;&amp;gt; Indeed, you probably do not pay a farmer directly, but pay an intermediary&lt;br/&gt;&amp;gt; that specializes in packing food for transport from the farm to your&lt;br/&gt;&amp;gt; domicile. which itself probably delegates the actual transporting to&lt;br/&gt;&amp;gt; another specialist.&lt;br/&gt;&amp;gt; Similarly, ASICs will arise and focus on particularly high-value fixed&lt;br/&gt;&amp;gt; computations, inevitably.&lt;br/&gt;&amp;gt;&lt;br/&gt;&amp;gt;&lt;br/&gt;&amp;gt;&lt;br/&gt;&amp;gt; Regards,&lt;br/&gt;&amp;gt; ZmnSCPxj&lt;br/&gt;&amp;gt;&lt;br/&gt;&amp;gt;&lt;br/&gt;-------------- next part --------------&lt;br/&gt;An HTML attachment was scrubbed...&lt;br/&gt;URL: &amp;lt;&lt;a href=&#34;http://lists.linuxfoundation.org/pipermail/bitcoin-dev/attachments/20210317/55127781/attachment-0001.html&amp;gt&#34;&gt;http://lists.linuxfoundation.org/pipermail/bitcoin-dev/attachments/20210317/55127781/attachment-0001.html&amp;gt&lt;/a&gt;;&lt;br/&gt;-------------- next part --------------&lt;br/&gt;A non-text attachment was scrubbed...&lt;br/&gt;Name: Screenshot_2021-03-17 BoincOverview ? 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    <updated>2023-06-07T18:30:20Z</updated>
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  <entry>
    <id>https://nostr.ae/nevent1qqsz9gmwppmh8wx50tukh6plalp6g6unenp9kk0zxt6wzrjpfdpfscgzyq0hje9wdtwen27ejard740dwd7z60nzs9yt9kp8u2s7gen9h2j5cwgz65h</id>
    
      <title type="html">📅 Original date posted:2021-03-13 📝 Original message:Hi, no ...</title>
    
    <link rel="alternate" href="https://nostr.ae/nevent1qqsz9gmwppmh8wx50tukh6plalp6g6unenp9kk0zxt6wzrjpfdpfscgzyq0hje9wdtwen27ejard740dwd7z60nzs9yt9kp8u2s7gen9h2j5cwgz65h" />
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      In reply to &lt;a href=&#39;/nevent1qqswk4a63wphl0wrml2wqnp75gydn0lxg3uevu28a3wml72xjvp6hpcf3u342&#39;&gt;nevent1q…u342&lt;/a&gt;&lt;br/&gt;_________________________&lt;br/&gt;&lt;br/&gt;📅 Original date posted:2021-03-13&lt;br/&gt;📝 Original message:Hi, no worries. I made the changes now in the GitHub repository and pull&lt;br/&gt;request. I&amp;#39;m hoping for a BIP # soon. Thanks for the feedback, and I guess&lt;br/&gt;the sense of humor.&lt;br/&gt;&lt;br/&gt;Best regards, Andrew&lt;br/&gt;&lt;br/&gt;On Sat, Mar 13, 2021, 10:45 AM yancy &amp;lt;email at yancy.lol&amp;gt; wrote:&lt;br/&gt;&lt;br/&gt;&amp;gt; Ok thanks.  Using the correct terminology helps people understand what&lt;br/&gt;&amp;gt; you&amp;#39;re talking about and take you seriously.&lt;br/&gt;&amp;gt;&lt;br/&gt;&amp;gt; Cheers,&lt;br/&gt;&amp;gt; -Yancy&lt;br/&gt;&amp;gt;&lt;br/&gt;&amp;gt; Mar 13, 2021 4:02:18 PM Lonero Foundation &amp;lt;loneroassociation at gmail.com&amp;gt;:&lt;br/&gt;&amp;gt;&lt;br/&gt;&amp;gt; Hi, I know the differences between the cryptographic hashing algorithm and&lt;br/&gt;&amp;gt; key validation. I know hashing is for SHA, but was referring to asymmetric&lt;br/&gt;&amp;gt; cryptography in regards to the key validation. I should have used a&lt;br/&gt;&amp;gt; different term though instead of, &amp;#34;In regards to cryptographic hashing,&amp;#34;, I&lt;br/&gt;&amp;gt; should have stated in regards to cryptographic key validation. There are a&lt;br/&gt;&amp;gt; few other dubious clarifications or minor edits I should make in order to&lt;br/&gt;&amp;gt; not draw confusion. I will do a repo update today. Honest mistake, but&lt;br/&gt;&amp;gt; enough with the sarcasm.&lt;br/&gt;&amp;gt;&lt;br/&gt;&amp;gt; Best regards, Andrew&lt;br/&gt;&amp;gt;&lt;br/&gt;&amp;gt; On Sat, Mar 13, 2021, 3:13 AM email at yancy.lol &amp;lt;email at yancy.lol&amp;gt; wrote:&lt;br/&gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; My email was not intended as an insult.  Your proposal seemed a bit like&lt;br/&gt;&amp;gt;&amp;gt; gibberish and made some obvious mistakes as pointed out before (such as&lt;br/&gt;&amp;gt;&amp;gt; conflating secp256k1 with sha256), and so I was genuinely curious if you&lt;br/&gt;&amp;gt;&amp;gt; were a bot spamming the list.&lt;br/&gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; Maybe a more interesting topic is, can GPT3 be used to generate a BIP?&lt;br/&gt;&amp;gt;&amp;gt; How long before our AI overlord produces improvements to Bitcoin?  At what&lt;br/&gt;&amp;gt;&amp;gt; point will the AI have more than 51% of commit frequency?  Will we have&lt;br/&gt;&amp;gt;&amp;gt; lost the war to our new centralized overlord?&lt;br/&gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; Cheers,&lt;br/&gt;&amp;gt;&amp;gt; -Yancy&lt;br/&gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; On Saturday, March 13, 2021 00:31 CET, Lonero Foundation &amp;lt;&lt;br/&gt;&amp;gt;&amp;gt; loneroassociation at gmail.com&amp;gt; wrote:&lt;br/&gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; Also, I already stated I was referring to signature validation&lt;br/&gt;&amp;gt;&amp;gt; cryptography in that aspect:&lt;br/&gt;&amp;gt;&amp;gt; &lt;a href=&#34;https://wizardforcel.gitbooks.io/practical-cryptography-for-developers-book/content/digital-signatures/ecdsa-sign-verify-examples.html&#34;&gt;https://wizardforcel.gitbooks.io/practical-cryptography-for-developers-book/content/digital-signatures/ecdsa-sign-verify-examples.html&lt;/a&gt;&lt;br/&gt;&amp;gt;&amp;gt; My BIP has a primary purpose in regards to what I want to develop proofs&lt;br/&gt;&amp;gt;&amp;gt; for and the different cryptographic elements I want to develop proofs for.&lt;br/&gt;&amp;gt;&amp;gt; That said to those who disagree with the premise, I do prefer&lt;br/&gt;&amp;gt;&amp;gt; constructive feedback over insults or making fun of one another. After all&lt;br/&gt;&amp;gt;&amp;gt; this is an improvement proposal with a specific purpose aiming to develop a&lt;br/&gt;&amp;gt;&amp;gt; specific thing, not a guy who is just wanting to copy and paste a&lt;br/&gt;&amp;gt;&amp;gt; repository and call it a day.&lt;br/&gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; Best regards, Andrew&lt;br/&gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; On Fri, Mar 12, 2021 at 6:21 PM Lonero Foundation &amp;lt;&lt;br/&gt;&amp;gt;&amp;gt; loneroassociation at gmail.com&amp;gt; wrote:&lt;br/&gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; Hi, I also want to emphasize that my main point isn&amp;#39;t just to create a&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; BTC hardfork or become another Bitcoin Cash, Gold, or SV. The main point in&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; regards to this BIP actually expands POW rather than replaces or creates an&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; alternative. Many of the problems faced in regards to security in the&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; future as well as sustainability is something I believe lots of the changes&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; I am proposing can fix. In regards to technological implementation, once&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; this is assigned draft status I am more than willing to create preprints&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; explaining the cryptography, hashing algorithm improvements, and consensus&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; that I am working on. This is a highly technologically complex idea that I&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; am willing to &amp;#34;call my bluff on&amp;#34; and expand upon. As for it being a draft,&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; I think this is a good starting point at least for draft status prior to&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; working on technological implementation.&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; Best regards, Andrew&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; On Fri, Mar 12, 2021 at 5:37 PM email at yancy.lol &amp;lt;email at yancy.lol&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; wrote:&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; I think Andrew himself is an algo.  The crypto training set must not be&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; very good.&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; Cheers,&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; -Yancy&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; On Friday, March 12, 2021 17:54 CET, Lonero Foundation via bitcoin-dev &amp;lt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; bitcoin-dev at lists.linuxfoundation.org&amp;gt; wrote:&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; …&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&lt;br/&gt;&amp;gt;&lt;br/&gt;-------------- next part --------------&lt;br/&gt;An HTML attachment was scrubbed...&lt;br/&gt;URL: &amp;lt;&lt;a href=&#34;http://lists.linuxfoundation.org/pipermail/bitcoin-dev/attachments/20210313/c401c32a/attachment-0001.html&amp;gt&#34;&gt;http://lists.linuxfoundation.org/pipermail/bitcoin-dev/attachments/20210313/c401c32a/attachment-0001.html&amp;gt&lt;/a&gt;;
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    <updated>2023-06-07T18:30:18Z</updated>
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  <entry>
    <id>https://nostr.ae/nevent1qqspr9nk4wrcjq98ng6hxur8gc0pdle4pvplyyav3w940p485ydmg7gzyq0hje9wdtwen27ejard740dwd7z60nzs9yt9kp8u2s7gen9h2j5cj07d28</id>
    
      <title type="html">📅 Original date posted:2021-03-14 📝 Original message:I have ...</title>
    
    <link rel="alternate" href="https://nostr.ae/nevent1qqspr9nk4wrcjq98ng6hxur8gc0pdle4pvplyyav3w940p485ydmg7gzyq0hje9wdtwen27ejard740dwd7z60nzs9yt9kp8u2s7gen9h2j5cj07d28" />
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      In reply to &lt;a href=&#39;/nevent1qqs0pgkcyw7dwwmze7n67zdahgssfmfegpyakzrr5v9jtae2mywerms0hv65l&#39;&gt;nevent1q…v65l&lt;/a&gt;&lt;br/&gt;_________________________&lt;br/&gt;&lt;br/&gt;📅 Original date posted:2021-03-14&lt;br/&gt;📝 Original message:I have added quite a bit more details. I haven&amp;#39;t made any UML diagrams just&lt;br/&gt;yet. I did add a basic non-technical infographic though, and more then&lt;br/&gt;likely making a technical UML for the cryptographic mechanisms will be on&lt;br/&gt;my to-do list. I have also updated the terminology and added a bit more&lt;br/&gt;content.&lt;br/&gt;&lt;br/&gt;Best regards, Andrew&lt;br/&gt;&lt;br/&gt;On Sat, Mar 13, 2021, 2:44 PM email at yancy.lol &amp;lt;email at yancy.lol&amp;gt; wrote:&lt;br/&gt;&lt;br/&gt;&amp;gt; My mistake for thinking your text was generated text, and my humor was not&lt;br/&gt;&amp;gt; meant to be directed at you, so apologies if you took it personally.&lt;br/&gt;&amp;gt;&lt;br/&gt;&amp;gt;&lt;br/&gt;&amp;gt; PS: The AI overlord is no joke&lt;br/&gt;&amp;gt;&lt;br/&gt;&amp;gt; Cheers,&lt;br/&gt;&amp;gt; -Yancy&lt;br/&gt;&amp;gt;&lt;br/&gt;&amp;gt; On Saturday, March 13, 2021 18:11 CET, Lonero Foundation &amp;lt;&lt;br/&gt;&amp;gt; loneroassociation at gmail.com&amp;gt; wrote:&lt;br/&gt;&amp;gt;&lt;br/&gt;&amp;gt;&lt;br/&gt;&amp;gt; Hi, no worries. I made the changes now in the GitHub repository and pull&lt;br/&gt;&amp;gt; request. I&amp;#39;m hoping for a BIP # soon. Thanks for the feedback, and I guess&lt;br/&gt;&amp;gt; the sense of humor.&lt;br/&gt;&amp;gt;&lt;br/&gt;&amp;gt; Best regards, Andrew&lt;br/&gt;&amp;gt;&lt;br/&gt;&amp;gt; On Sat, Mar 13, 2021, 10:45 AM yancy &amp;lt;email at yancy.lol&amp;gt; wrote:&lt;br/&gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; Ok thanks.  Using the correct terminology helps people understand what&lt;br/&gt;&amp;gt;&amp;gt; you&amp;#39;re talking about and take you seriously.&lt;br/&gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; Cheers,&lt;br/&gt;&amp;gt;&amp;gt; -Yancy&lt;br/&gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; Mar 13, 2021 4:02:18 PM Lonero Foundation &amp;lt;loneroassociation at gmail.com&amp;gt;:&lt;br/&gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; Hi, I know the differences between the cryptographic hashing algorithm&lt;br/&gt;&amp;gt;&amp;gt; and key validation. I know hashing is for SHA, but was referring to asymmetric&lt;br/&gt;&amp;gt;&amp;gt; cryptography in regards to the key validation. I should have used a&lt;br/&gt;&amp;gt;&amp;gt; different term though instead of, &amp;#34;In regards to cryptographic hashing,&amp;#34;, I&lt;br/&gt;&amp;gt;&amp;gt; should have stated in regards to cryptographic key validation. There are a&lt;br/&gt;&amp;gt;&amp;gt; few other dubious clarifications or minor edits I should make in order to&lt;br/&gt;&amp;gt;&amp;gt; not draw confusion. I will do a repo update today. Honest mistake, but&lt;br/&gt;&amp;gt;&amp;gt; enough with the sarcasm.&lt;br/&gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; Best regards, Andrew&lt;br/&gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; On Sat, Mar 13, 2021, 3:13 AM email at yancy.lol &amp;lt;email at yancy.lol&amp;gt; wrote:&lt;br/&gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; My email was not intended as an insult.  Your proposal seemed a bit like&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; gibberish and made some obvious mistakes as pointed out before (such as&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; conflating secp256k1 with sha256), and so I was genuinely curious if you&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; were a bot spamming the list.&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; Maybe a more interesting topic is, can GPT3 be used to generate a BIP?&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; How long before our AI overlord produces improvements to Bitcoin?  At what&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; point will the AI have more than 51% of commit frequency?  Will we have&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; lost the war to our new centralized overlord?&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; Cheers,&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; -Yancy&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; On Saturday, March 13, 2021 00:31 CET, Lonero Foundation &amp;lt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; loneroassociation at gmail.com&amp;gt; wrote:&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; Also, I already stated I was referring to signature validation&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; cryptography in that aspect:&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &lt;a href=&#34;https://wizardforcel.gitbooks.io/practical-cryptography-for-developers-book/content/digital-signatures/ecdsa-sign-verify-examples.html&#34;&gt;https://wizardforcel.gitbooks.io/practical-cryptography-for-developers-book/content/digital-signatures/ecdsa-sign-verify-examples.html&lt;/a&gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; My BIP has a primary purpose in regards to what I want to develop proofs&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; for and the different cryptographic elements I want to develop proofs for.&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; That said to those who disagree with the premise, I do prefer&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; constructive feedback over insults or making fun of one another. After all&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; this is an improvement proposal with a specific purpose aiming to develop a&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; specific thing, not a guy who is just wanting to copy and paste a&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; repository and call it a day.&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; Best regards, Andrew&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; On Fri, Mar 12, 2021 at 6:21 PM Lonero Foundation &amp;lt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; loneroassociation at gmail.com&amp;gt; wrote:&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; Hi, I also want to emphasize that my main point isn&amp;#39;t just to create a&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; BTC hardfork or become another Bitcoin Cash, Gold, or SV. The main point in&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; regards to this BIP actually expands POW rather than replaces or creates an&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; alternative. Many of the problems faced in regards to security in the&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; future as well as sustainability is something I believe lots of the changes&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; I am proposing can fix. In regards to technological implementation, once&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; this is assigned draft status I am more than willing to create preprints&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; explaining the cryptography, hashing algorithm improvements, and consensus&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; that I am working on. This is a highly technologically complex idea that I&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; am willing to &amp;#34;call my bluff on&amp;#34; and expand upon. As for it being a draft,&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; I think this is a good starting point at least for draft status prior to&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; working on technological implementation.&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; Best regards, Andrew&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; On Fri, Mar 12, 2021 at 5:37 PM email at yancy.lol &amp;lt;email at yancy.lol&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; wrote:&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; I think Andrew himself is an algo.  The crypto training set must not&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; be very good.&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; Cheers,&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; -Yancy&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; On Friday, March 12, 2021 17:54 CET, Lonero Foundation via bitcoin-dev&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;lt;bitcoin-dev at lists.linuxfoundation.org&amp;gt; wrote:&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; …&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&lt;br/&gt;&amp;gt;&lt;br/&gt;&amp;gt;&lt;br/&gt;-------------- next part --------------&lt;br/&gt;An HTML attachment was scrubbed...&lt;br/&gt;URL: &amp;lt;&lt;a href=&#34;http://lists.linuxfoundation.org/pipermail/bitcoin-dev/attachments/20210314/b10359b6/attachment-0001.html&amp;gt&#34;&gt;http://lists.linuxfoundation.org/pipermail/bitcoin-dev/attachments/20210314/b10359b6/attachment-0001.html&amp;gt&lt;/a&gt;;
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    <updated>2023-06-07T18:30:18Z</updated>
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    <id>https://nostr.ae/nevent1qqsrw8khhf9fduccmc47cq846ah4wwnah2dv9784e39l7n2pcxacqxczyq0hje9wdtwen27ejard740dwd7z60nzs9yt9kp8u2s7gen9h2j5c5lz5mt</id>
    
      <title type="html">📅 Original date posted:2021-03-13 📝 Original message:Hi, I ...</title>
    
    <link rel="alternate" href="https://nostr.ae/nevent1qqsrw8khhf9fduccmc47cq846ah4wwnah2dv9784e39l7n2pcxacqxczyq0hje9wdtwen27ejard740dwd7z60nzs9yt9kp8u2s7gen9h2j5c5lz5mt" />
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      In reply to &lt;a href=&#39;/nevent1qqsfp63g5y5lc20x22wv4pvqascdktez9wlenmkr0puenrjt6ejwrxg0ygw5a&#39;&gt;nevent1q…gw5a&lt;/a&gt;&lt;br/&gt;_________________________&lt;br/&gt;&lt;br/&gt;📅 Original date posted:2021-03-13&lt;br/&gt;📝 Original message:Hi, I know the differences between the cryptographic hashing algorithm and&lt;br/&gt;key validation. I know hashing is for SHA, but was referring to asymmetric&lt;br/&gt;cryptography in regards to the key validation. I should have used a&lt;br/&gt;different term though instead of, &amp;#34;In regards to cryptographic hashing,&amp;#34;, I&lt;br/&gt;should have stated in regards to cryptographic key validation. There are a&lt;br/&gt;few other dubious clarifications or minor edits I should make in order to&lt;br/&gt;not draw confusion. I will do a repo update today. Honest mistake, but&lt;br/&gt;enough with the sarcasm.&lt;br/&gt;&lt;br/&gt;Best regards, Andrew&lt;br/&gt;&lt;br/&gt;On Sat, Mar 13, 2021, 3:13 AM email at yancy.lol &amp;lt;email at yancy.lol&amp;gt; wrote:&lt;br/&gt;&lt;br/&gt;&amp;gt; My email was not intended as an insult.  Your proposal seemed a bit like&lt;br/&gt;&amp;gt; gibberish and made some obvious mistakes as pointed out before (such as&lt;br/&gt;&amp;gt; conflating secp256k1 with sha256), and so I was genuinely curious if you&lt;br/&gt;&amp;gt; were a bot spamming the list.&lt;br/&gt;&amp;gt;&lt;br/&gt;&amp;gt;&lt;br/&gt;&amp;gt; Maybe a more interesting topic is, can GPT3 be used to generate a BIP?&lt;br/&gt;&amp;gt; How long before our AI overlord produces improvements to Bitcoin?  At what&lt;br/&gt;&amp;gt; point will the AI have more than 51% of commit frequency?  Will we have&lt;br/&gt;&amp;gt; lost the war to our new centralized overlord?&lt;br/&gt;&amp;gt;&lt;br/&gt;&amp;gt; Cheers,&lt;br/&gt;&amp;gt; -Yancy&lt;br/&gt;&amp;gt;&lt;br/&gt;&amp;gt;&lt;br/&gt;&amp;gt; On Saturday, March 13, 2021 00:31 CET, Lonero Foundation &amp;lt;&lt;br/&gt;&amp;gt; loneroassociation at gmail.com&amp;gt; wrote:&lt;br/&gt;&amp;gt;&lt;br/&gt;&amp;gt;&lt;br/&gt;&amp;gt; Also, I already stated I was referring to signature validation&lt;br/&gt;&amp;gt; cryptography in that aspect:&lt;br/&gt;&amp;gt; &lt;a href=&#34;https://wizardforcel.gitbooks.io/practical-cryptography-for-developers-book/content/digital-signatures/ecdsa-sign-verify-examples.html&#34;&gt;https://wizardforcel.gitbooks.io/practical-cryptography-for-developers-book/content/digital-signatures/ecdsa-sign-verify-examples.html&lt;/a&gt;&lt;br/&gt;&amp;gt; My BIP has a primary purpose in regards to what I want to develop proofs&lt;br/&gt;&amp;gt; for and the different cryptographic elements I want to develop proofs for.&lt;br/&gt;&amp;gt; That said to those who disagree with the premise, I do prefer constructive&lt;br/&gt;&amp;gt; feedback over insults or making fun of one another. After all this is an&lt;br/&gt;&amp;gt; improvement proposal with a specific purpose aiming to develop a specific&lt;br/&gt;&amp;gt; thing, not a guy who is just wanting to copy and paste a repository and&lt;br/&gt;&amp;gt; call it a day.&lt;br/&gt;&amp;gt;&lt;br/&gt;&amp;gt; Best regards, Andrew&lt;br/&gt;&amp;gt;&lt;br/&gt;&amp;gt; On Fri, Mar 12, 2021 at 6:21 PM Lonero Foundation &amp;lt;&lt;br/&gt;&amp;gt; loneroassociation at gmail.com&amp;gt; wrote:&lt;br/&gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; Hi, I also want to emphasize that my main point isn&amp;#39;t just to create a&lt;br/&gt;&amp;gt;&amp;gt; BTC hardfork or become another Bitcoin Cash, Gold, or SV. The main point in&lt;br/&gt;&amp;gt;&amp;gt; regards to this BIP actually expands POW rather than replaces or creates an&lt;br/&gt;&amp;gt;&amp;gt; alternative. Many of the problems faced in regards to security in the&lt;br/&gt;&amp;gt;&amp;gt; future as well as sustainability is something I believe lots of the changes&lt;br/&gt;&amp;gt;&amp;gt; I am proposing can fix. In regards to technological implementation, once&lt;br/&gt;&amp;gt;&amp;gt; this is assigned draft status I am more than willing to create preprints&lt;br/&gt;&amp;gt;&amp;gt; explaining the cryptography, hashing algorithm improvements, and consensus&lt;br/&gt;&amp;gt;&amp;gt; that I am working on. This is a highly technologically complex idea that I&lt;br/&gt;&amp;gt;&amp;gt; am willing to &amp;#34;call my bluff on&amp;#34; and expand upon. As for it being a draft,&lt;br/&gt;&amp;gt;&amp;gt; I think this is a good starting point at least for draft status prior to&lt;br/&gt;&amp;gt;&amp;gt; working on technological implementation.&lt;br/&gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; Best regards, Andrew&lt;br/&gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; On Fri, Mar 12, 2021 at 5:37 PM email at yancy.lol &amp;lt;email at yancy.lol&amp;gt; wrote:&lt;br/&gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; I think Andrew himself is an algo.  The crypto training set must not be&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; very good.&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; Cheers,&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; -Yancy&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; On Friday, March 12, 2021 17:54 CET, Lonero Foundation via bitcoin-dev &amp;lt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; bitcoin-dev at lists.linuxfoundation.org&amp;gt; wrote:&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; Hi, I awkwardly phrased that part, I was referring to key validation in&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; relation to that section as well as the hashing related to those keys. I&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; might rephrase it.&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; In regards to technical merit, the main purpose of the BIP is to get a&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; sense of the idea. Once I get assigned a BIP draft #, I am willing to&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; follow it up with many preprints or publications to go in the references&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; implementation section and start dev work before upgrading to final status.&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; This will take about 400 hours of my time, but is something I am&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; personally looking into developing as a hard fork.&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; Keep in mind this is a draft, so after it is assigned a number to&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; references I do at the very least hope to describe various parts of the&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; cryptographic proofs and algorithmic structure I am hoping for.&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; Best regards, Andrew&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; On Fri, Mar 12, 2021, 10:03 AM Erik Aronesty &amp;lt;erik at q32.com&amp;gt; wrote:&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; secp236k1 isn&amp;#39;t a hashing algo.   your BIP needs about 10 more pages&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; and some degree of technical merit.&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; i suggest you start here:&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; &lt;a href=&#34;https://en.bitcoin.it/wiki/Proof_of_burn&#34;&gt;https://en.bitcoin.it/wiki/Proof_of_burn&lt;/a&gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; &lt;a href=&#34;https://bitcointalk.org/index.php?topic=225690.0&#34;&gt;https://bitcointalk.org/index.php?topic=225690.0&lt;/a&gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; proof-of-burn is a nice alternative to proof-of-work.   i always&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; suspected that, if designed correctly, it could be a proven&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; equivalent.   you could spin up a fork of bitcoin that allows aged,&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; burned, coins instead of POW that would probably work just fine.&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; - erik&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; On Thu, Mar 11, 2021 at 11:56 AM Lonero Foundation via bitcoin-dev&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;lt;bitcoin-dev at lists.linuxfoundation.org&amp;gt; wrote:&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt; Hi, I have submitted the BIP Pull Request here:&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; &lt;a href=&#34;https://github.com/bitcoin/bips/pull/1084&#34;&gt;https://github.com/bitcoin/bips/pull/1084&lt;/a&gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt; Hoping to receive a BIP # for the draft prior to&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; development/reference implementation.&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt; Best regards, Andrew&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt; On Mon, Mar 8, 2021, 6:40 PM Lonero Foundation &amp;lt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; loneroassociation at gmail.com&amp;gt; wrote:&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt; Hi, here is the list to the BIP proposal on my own repo:&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; &lt;a href=&#34;https://github.com/Mentors4EDU/bip-amkn-posthyb/blob/main/bip-draft.mediawiki&#34;&gt;https://github.com/Mentors4EDU/bip-amkn-posthyb/blob/main/bip-draft.mediawiki&lt;/a&gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt; Can I submit a pull request on the BIPs repo for this to go into&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; draft mode? Also, I think this provides at least some more insight on what&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; I want to work on.&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt; Best regards, Andrew&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt; On Sat, Mar 6, 2021, 10:42 AM Lonero Foundation &amp;lt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; loneroassociation at gmail.com&amp;gt; wrote:&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt; [off-list]&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt; Okay. I will do so and post the link here for discussion before&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; doing a pull request on BIP&amp;#39;s repo as the best way to handle it.&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt; Best regards, Andrew&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt; On Sat, Mar 6, 2021, 10:21 AM Ricardo Filipe &amp;lt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; ricardojdfilipe at gmail.com&amp;gt; wrote:&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; As said before, you are free to create the BIP in your own&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; repository&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; and bring it to discussion on the mailing list. then you can do a&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; PR&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; Lonero Foundation via bitcoin-dev&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;lt;bitcoin-dev at lists.linuxfoundation.org&amp;gt; escreveu no dia sábado,&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; 6/03/2021 à(s) 08:58:&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt; I know Ethereum had an outlandishly large percentage of nodes&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; running on AWS, I heard the same thing is for Bitcoin but for mining. Had&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; trouble finding the article online so take it with a grain of salt. The&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; point though is that both servers and ASIC specific hardware would still be&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; able to benefit from the cryptography upgrade I am proposing, as this was&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; in relation to the disinfranchisemet point.&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt; That said, I think the best way to move forward is to submit a&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; BIP pull request for a draft via GitHub using BIP #2&amp;#39;s draft format and any&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; questions people have can be answered in the reqeust&amp;#39;s comments. That way&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; people don&amp;#39;t have to get emails everytime there is a reply, but replies&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; still get seen as opposed to offline discussion. Since the instructions say&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; to email bitcoin-dev before doing a bip draft, I have done that. Since&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; people want to see the draft beforehand and it isn&amp;#39;t merged manually&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; anyways, I think it is the easiest way to handle this.&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt; I&amp;#39;m also okay w/ continuing the discussion on bitcoin-dev but&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; rather form a discussion on git instead given I don&amp;#39;t want to accidentally&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; impolitely bother people given this is a moderated list and we already&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; established some interest for at least a draft.&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt; Does that seem fine?&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt; Best regards, Andrew&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt; On Fri, Mar 5, 2021, 7:41 PM Keagan McClelland &amp;lt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; keagan.mcclelland at gmail.com&amp;gt; wrote:&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt; &amp;gt; A large portion of BTC is already mined through AWS servers&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; and non-asic specific hardware anyways. A majority of them would benefit&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; from a hybrid proof, and the fact that it is hybrid in that manner wouldn&amp;#39;t&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; disenfranchise currently optimized mining entities as well.&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt; My instincts tell me that this is an outlandish claim. Do you&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; have supporting evidence for this?&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt; Keagan&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt; On Fri, Mar 5, 2021 at 3:22 PM Lonero Foundation via&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; bitcoin-dev &amp;lt;bitcoin-dev at lists.linuxfoundation.org&amp;gt; wrote:&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt; Actually I mentioned a proof of space and time hybrid which is&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; much different than staking. Sorry to draw for the confusion as PoC is more&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; commonly used then PoST.&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt; There is a way to make PoC cryptographically compatible w/&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; Proof of Work as it normally stands:&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; &lt;a href=&#34;https://en.wikipedia.org/wiki/Proof_of_space&#34;&gt;https://en.wikipedia.org/wiki/Proof_of_space&lt;/a&gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt; It has rarely been done though given the technological&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; complexity of being both CPU compatible and memory-hard compatible. There&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; are lots of benefits outside of the realm of efficiency, and I already&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; looked into numerous fault tolerant designs as well and what others in the&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; cryptography community attempted to propose. The actual argument you have&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; only against this is the Proof of Memory fallacy, which is only partially&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; true. Given how the current hashing algorithm works, hard memory allocation&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; wouldn&amp;#39;t be of much benefit given it is more optimized for CPU/ASIC&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; specific mining. I&amp;#39;m working towards a hybrid mechanism that fixes that.&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; BTW: The way Bitcoin currently stands in its cryptography still needs&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; updating regardless. If someone figures out NP hardness or the halting&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; problem the traditional rule of millions of years to break all of Bitcoin&amp;#39;s&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; cryptography now comes down to minutes. Bitcoin is going to have to&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; eventually radically upgrade their cryptography and hashing algo in the&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; future regardless. I want to integrate some form of NP complexity in&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; regards to the hybrid cryptography I&amp;#39;m aiming to provide which includes a&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; polynomial time algorithm in the cryptography. More than likely the first&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; version of my BTC hard fork will be coded in a way where integrating such&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; complexity in the future only requires a soft fork or minor upgrade to its&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; chain.&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt; In regards to the argument, &amp;#34;As a separate issue, proposing a&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; hard fork in the hashing algorithm will invalidate the enormous amount of&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; capital expenditure by mining entities and disincentivize future capital&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; expenditure into mining hardware that may compute these more &amp;#34;useful&amp;#34;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; proofs of work.&amp;#34;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt; A large portion of BTC is already mined through AWS servers&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; and non-asic specific hardware anyways. A majority of them would benefit&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; from a hybrid proof, and the fact that it is hybrid in that manner wouldn&amp;#39;t&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; disenfranchise currently optimized mining entities as well.&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt; There are other reasons why a cryptography upgrade like this&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; is beneficial. Theoretically one can argue BItcoin isn&amp;#39;t fully&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; decentralized. It is few unsolved mathematical proofs away from being&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; entirely broken. My goal outside of efficiency is to build cryptography in&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; a way that prevents such an event from happening in the future, if it was&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; to ever happen. I have various research in regards to this area and work&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; alot with distributed computing. I believe if the BTC community likes such&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; a proposal, I would single handedly be able to build the cryptographic&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; proof myself (though would like as many open source contributors as I can&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; get :)&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt; Anyways just something to consider. We are in the same space&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; in regards to what warrants a shitcoin or the whole argument against&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; staking.&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; &lt;a href=&#34;https://hackernoon.com/ethereum-you-are-a-centralized-cryptocurrency-stop-telling-us-that-you-arent-pi3s3yjl&#34;&gt;https://hackernoon.com/ethereum-you-are-a-centralized-cryptocurrency-stop-telling-us-that-you-arent-pi3s3yjl&lt;/a&gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt; Best regards,  Andrew&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt; On Fri, Mar 5, 2021 at 4:11 PM Keagan McClelland &amp;lt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; keagan.mcclelland at gmail.com&amp;gt; wrote:&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; It is important to understand that it is critical for the&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; work to be &amp;#34;useless&amp;#34; in order for the security model to be the same. If the&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; work was useful it provides an avenue for actors to have nothing at stake&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; when submitting a proof of work, since the marginal cost of block&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; construction will be lessened by the fact that the work was useful in a&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; different context and therefore would have been done anyway. This actually&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; degrades the security of the network in the process.&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; As a separate issue, proposing a hard fork in the hashing&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; algorithm will invalidate the enormous amount of capital expenditure by&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; mining entities and disincentivize future capital expenditure into mining&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; hardware that may compute these more &amp;#34;useful&amp;#34; proofs of work. This is&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; because any change in the POW algorithm will be considered unstable and&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; subject to change in the future. This puts the entire network at even more&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; risk meaning that no entity is tying their own interests to that of the&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; bitcoin network at large. It also puts the developers in a position where&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; they can be bribed by entities with a vested interest in deciding what the&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; new &amp;#34;useful&amp;#34; proof of work should be.&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; All of these things make the Bitcoin network worse off.&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; Keagan&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; On Fri, Mar 5, 2021 at 1:48 PM Lonero Foundation via&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; bitcoin-dev &amp;lt;bitcoin-dev at lists.linuxfoundation.org&amp;gt; wrote:&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; Also in regards to my other email, I forgot to iterate that&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; my cryptography proposal helps behind the efficiency category but also&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; tackles problems such as NP-Completeness or Halting which is something the&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; BTC network could be vulnerable to in the future. For sake of simplicity, I&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; do want to do this BIP because it tackles lots of the issues in regards to&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; this manner and can provide useful insight to the community. If things such&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; as bigger block height have been proposed as hard forks, I feel at the very&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; least an upgrade regarding the hashing algorithm and cryptography does at&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; least warrant some discussion. Anyways I hope I can send you my BIP, just&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; let me know on the preferred format?&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; Best regards, Andrew&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; On Fri, Mar 5, 2021, 10:12 AM Lonero Foundation &amp;lt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; loneroassociation at gmail.com&amp;gt; wrote:&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; Hi, this isn&amp;#39;t about the energy efficient argument in&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; regards to renewables or mining devices but a better cryptography layer to&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; get the most out of your hashing for validation. I do understand the&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; arbitrariness of it, but do want to still propose a document. Do I use the&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; Media Wiki format on GitHub and just attach it as my proposal?&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; Best regards, Andrew&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; On Fri, Mar 5, 2021, 10:07 AM Devrandom &amp;lt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; c1.devrandom at niftybox.net&amp;gt; wrote:&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; Hi Ryan and Andrew,&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; On Fri, Mar 5, 2021 at 5:42 AM Ryan Grant via bitcoin-dev &amp;lt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; bitcoin-dev at lists.linuxfoundation.org&amp;gt; wrote:&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;   &lt;a href=&#34;https://www.truthcoin.info/blog/pow-cheapest/&#34;&gt;https://www.truthcoin.info/blog/pow-cheapest/&lt;/a&gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;     &amp;#34;Nothing is Cheaper than Proof of Work&amp;#34;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;     on | 04 Aug 2015&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; Just to belabor this a bit, the paper demonstrates that&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; the mining market will tend to expend resources equivalent to miner&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; reward.  It does not prove that mining work has to expend *energy* as a&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; primary cost.&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; Some might argue that energy expenditure has negative&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; externalities and that we should move to other resources.  I would argue&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; that the negative externalities will go away soon because of the move to&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; renewables, so the point is likely moot.&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; _______________________________________________&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; bitcoin-dev mailing list&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; bitcoin-dev at lists.linuxfoundation.org&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; &lt;a href=&#34;https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev&#34;&gt;https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev&lt;/a&gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt; _______________________________________________&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt; bitcoin-dev mailing list&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt; bitcoin-dev at lists.linuxfoundation.org&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt; &lt;a href=&#34;https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev&#34;&gt;https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev&lt;/a&gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt; _______________________________________________&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt; bitcoin-dev mailing list&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt; bitcoin-dev at lists.linuxfoundation.org&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt; &lt;a href=&#34;https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev&#34;&gt;https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev&lt;/a&gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt; _______________________________________________&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt; bitcoin-dev mailing list&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt; bitcoin-dev at lists.linuxfoundation.org&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt; &lt;a href=&#34;https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev&#34;&gt;https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev&lt;/a&gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&lt;br/&gt;&amp;gt;&lt;br/&gt;&amp;gt;&lt;br/&gt;-------------- next part --------------&lt;br/&gt;An HTML attachment was scrubbed...&lt;br/&gt;URL: &amp;lt;&lt;a href=&#34;http://lists.linuxfoundation.org/pipermail/bitcoin-dev/attachments/20210313/6464de45/attachment-0001.html&amp;gt&#34;&gt;http://lists.linuxfoundation.org/pipermail/bitcoin-dev/attachments/20210313/6464de45/attachment-0001.html&amp;gt&lt;/a&gt;;
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    <updated>2023-06-07T18:30:16Z</updated>
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    <id>https://nostr.ae/nevent1qqsxrw5u65q7uednwwjf75vs3ntnm5efnvynls64uy7sva8sulmn0yqzyq0hje9wdtwen27ejard740dwd7z60nzs9yt9kp8u2s7gen9h2j5cgcdud4</id>
    
      <title type="html">📅 Original date posted:2021-03-12 📝 Original message:Also, ...</title>
    
    <link rel="alternate" href="https://nostr.ae/nevent1qqsxrw5u65q7uednwwjf75vs3ntnm5efnvynls64uy7sva8sulmn0yqzyq0hje9wdtwen27ejard740dwd7z60nzs9yt9kp8u2s7gen9h2j5cgcdud4" />
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      In reply to &lt;a href=&#39;/nevent1qqszs3c3tgllrt7uwxt4wsdnjjneks76j8jx2qfz3wvj23086g3uqtsukkgax&#39;&gt;nevent1q…kgax&lt;/a&gt;&lt;br/&gt;_________________________&lt;br/&gt;&lt;br/&gt;📅 Original date posted:2021-03-12&lt;br/&gt;📝 Original message:Also, I already stated I was referring to signature validation cryptography&lt;br/&gt;in that aspect:&lt;br/&gt;&lt;a href=&#34;https://wizardforcel.gitbooks.io/practical-cryptography-for-developers-book/content/digital-signatures/ecdsa-sign-verify-examples.html&#34;&gt;https://wizardforcel.gitbooks.io/practical-cryptography-for-developers-book/content/digital-signatures/ecdsa-sign-verify-examples.html&lt;/a&gt;&lt;br/&gt;My BIP has a primary purpose in regards to what I want to develop proofs&lt;br/&gt;for and the different cryptographic elements I want to develop proofs for.&lt;br/&gt;That said to those who disagree with the premise, I do prefer constructive&lt;br/&gt;feedback over insults or making fun of one another. After all this is an&lt;br/&gt;improvement proposal with a specific purpose aiming to develop a specific&lt;br/&gt;thing, not a guy who is just wanting to copy and paste a repository and&lt;br/&gt;call it a day.&lt;br/&gt;&lt;br/&gt;Best regards, Andrew&lt;br/&gt;&lt;br/&gt;On Fri, Mar 12, 2021 at 6:21 PM Lonero Foundation &amp;lt;&lt;br/&gt;loneroassociation at gmail.com&amp;gt; wrote:&lt;br/&gt;&lt;br/&gt;&amp;gt; Hi, I also want to emphasize that my main point isn&amp;#39;t just to create a BTC&lt;br/&gt;&amp;gt; hardfork or become another Bitcoin Cash, Gold, or SV. The main point in&lt;br/&gt;&amp;gt; regards to this BIP actually expands POW rather than replaces or creates an&lt;br/&gt;&amp;gt; alternative. Many of the problems faced in regards to security in the&lt;br/&gt;&amp;gt; future as well as sustainability is something I believe lots of the changes&lt;br/&gt;&amp;gt; I am proposing can fix. In regards to technological implementation, once&lt;br/&gt;&amp;gt; this is assigned draft status I am more than willing to create preprints&lt;br/&gt;&amp;gt; explaining the cryptography, hashing algorithm improvements, and consensus&lt;br/&gt;&amp;gt; that I am working on. This is a highly technologically complex idea that I&lt;br/&gt;&amp;gt; am willing to &amp;#34;call my bluff on&amp;#34; and expand upon. As for it being a draft,&lt;br/&gt;&amp;gt; I think this is a good starting point at least for draft status prior to&lt;br/&gt;&amp;gt; working on technological implementation.&lt;br/&gt;&amp;gt;&lt;br/&gt;&amp;gt; Best regards, Andrew&lt;br/&gt;&amp;gt;&lt;br/&gt;&amp;gt; On Fri, Mar 12, 2021 at 5:37 PM email at yancy.lol &amp;lt;email at yancy.lol&amp;gt; wrote:&lt;br/&gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; I think Andrew himself is an algo.  The crypto training set must not be&lt;br/&gt;&amp;gt;&amp;gt; very good.&lt;br/&gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; Cheers,&lt;br/&gt;&amp;gt;&amp;gt; -Yancy&lt;br/&gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; On Friday, March 12, 2021 17:54 CET, Lonero Foundation via bitcoin-dev &amp;lt;&lt;br/&gt;&amp;gt;&amp;gt; bitcoin-dev at lists.linuxfoundation.org&amp;gt; wrote:&lt;br/&gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; Hi, I awkwardly phrased that part, I was referring to key validation in&lt;br/&gt;&amp;gt;&amp;gt; relation to that section as well as the hashing related to those keys. I&lt;br/&gt;&amp;gt;&amp;gt; might rephrase it.&lt;br/&gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; In regards to technical merit, the main purpose of the BIP is to get a&lt;br/&gt;&amp;gt;&amp;gt; sense of the idea. Once I get assigned a BIP draft #, I am willing to&lt;br/&gt;&amp;gt;&amp;gt; follow it up with many preprints or publications to go in the references&lt;br/&gt;&amp;gt;&amp;gt; implementation section and start dev work before upgrading to final status.&lt;br/&gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; This will take about 400 hours of my time, but is something I am&lt;br/&gt;&amp;gt;&amp;gt; personally looking into developing as a hard fork.&lt;br/&gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; Keep in mind this is a draft, so after it is assigned a number to&lt;br/&gt;&amp;gt;&amp;gt; references I do at the very least hope to describe various parts of the&lt;br/&gt;&amp;gt;&amp;gt; cryptographic proofs and algorithmic structure I am hoping for.&lt;br/&gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; Best regards, Andrew&lt;br/&gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; On Fri, Mar 12, 2021, 10:03 AM Erik Aronesty &amp;lt;erik at q32.com&amp;gt; wrote:&lt;br/&gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; secp236k1 isn&amp;#39;t a hashing algo.   your BIP needs about 10 more pages&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; and some degree of technical merit.&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; i suggest you start here:&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &lt;a href=&#34;https://en.bitcoin.it/wiki/Proof_of_burn&#34;&gt;https://en.bitcoin.it/wiki/Proof_of_burn&lt;/a&gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &lt;a href=&#34;https://bitcointalk.org/index.php?topic=225690.0&#34;&gt;https://bitcointalk.org/index.php?topic=225690.0&lt;/a&gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; proof-of-burn is a nice alternative to proof-of-work.   i always&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; suspected that, if designed correctly, it could be a proven&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; equivalent.   you could spin up a fork of bitcoin that allows aged,&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; burned, coins instead of POW that would probably work just fine.&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; - erik&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; On Thu, Mar 11, 2021 at 11:56 AM Lonero Foundation via bitcoin-dev&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;lt;bitcoin-dev at lists.linuxfoundation.org&amp;gt; wrote:&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt; Hi, I have submitted the BIP Pull Request here:&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &lt;a href=&#34;https://github.com/bitcoin/bips/pull/1084&#34;&gt;https://github.com/bitcoin/bips/pull/1084&lt;/a&gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt; Hoping to receive a BIP # for the draft prior to development/reference&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; implementation.&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt; Best regards, Andrew&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt; On Mon, Mar 8, 2021, 6:40 PM Lonero Foundation &amp;lt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; loneroassociation at gmail.com&amp;gt; wrote:&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt; Hi, here is the list to the BIP proposal on my own repo:&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &lt;a href=&#34;https://github.com/Mentors4EDU/bip-amkn-posthyb/blob/main/bip-draft.mediawiki&#34;&gt;https://github.com/Mentors4EDU/bip-amkn-posthyb/blob/main/bip-draft.mediawiki&lt;/a&gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt; Can I submit a pull request on the BIPs repo for this to go into&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; draft mode? Also, I think this provides at least some more insight on what&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; I want to work on.&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt; Best regards, Andrew&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt; On Sat, Mar 6, 2021, 10:42 AM Lonero Foundation &amp;lt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; loneroassociation at gmail.com&amp;gt; wrote:&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt; [off-list]&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt; Okay. I will do so and post the link here for discussion before&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; doing a pull request on BIP&amp;#39;s repo as the best way to handle it.&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt; Best regards, Andrew&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt; On Sat, Mar 6, 2021, 10:21 AM Ricardo Filipe &amp;lt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; ricardojdfilipe at gmail.com&amp;gt; wrote:&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; As said before, you are free to create the BIP in your own&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; repository&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; and bring it to discussion on the mailing list. then you can do a PR&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; Lonero Foundation via bitcoin-dev&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;lt;bitcoin-dev at lists.linuxfoundation.org&amp;gt; escreveu no dia sábado,&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; 6/03/2021 à(s) 08:58:&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt; I know Ethereum had an outlandishly large percentage of nodes&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; running on AWS, I heard the same thing is for Bitcoin but for mining. Had&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; trouble finding the article online so take it with a grain of salt. The&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; point though is that both servers and ASIC specific hardware would still be&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; able to benefit from the cryptography upgrade I am proposing, as this was&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; in relation to the disinfranchisemet point.&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt; That said, I think the best way to move forward is to submit a&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; BIP pull request for a draft via GitHub using BIP #2&amp;#39;s draft format and any&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; questions people have can be answered in the reqeust&amp;#39;s comments. That way&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; people don&amp;#39;t have to get emails everytime there is a reply, but replies&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; still get seen as opposed to offline discussion. Since the instructions say&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; to email bitcoin-dev before doing a bip draft, I have done that. Since&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; people want to see the draft beforehand and it isn&amp;#39;t merged manually&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; anyways, I think it is the easiest way to handle this.&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt; I&amp;#39;m also okay w/ continuing the discussion on bitcoin-dev but&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; rather form a discussion on git instead given I don&amp;#39;t want to accidentally&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; impolitely bother people given this is a moderated list and we already&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; established some interest for at least a draft.&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt; Does that seem fine?&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt; Best regards, Andrew&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt; On Fri, Mar 5, 2021, 7:41 PM Keagan McClelland &amp;lt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; keagan.mcclelland at gmail.com&amp;gt; wrote:&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt; &amp;gt; A large portion of BTC is already mined through AWS servers&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; and non-asic specific hardware anyways. A majority of them would benefit&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; from a hybrid proof, and the fact that it is hybrid in that manner wouldn&amp;#39;t&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; disenfranchise currently optimized mining entities as well.&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt; My instincts tell me that this is an outlandish claim. Do you&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; have supporting evidence for this?&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt; Keagan&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt; On Fri, Mar 5, 2021 at 3:22 PM Lonero Foundation via bitcoin-dev&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;lt;bitcoin-dev at lists.linuxfoundation.org&amp;gt; wrote:&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt; Actually I mentioned a proof of space and time hybrid which is&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; much different than staking. Sorry to draw for the confusion as PoC is more&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; commonly used then PoST.&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt; There is a way to make PoC cryptographically compatible w/&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; Proof of Work as it normally stands:&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &lt;a href=&#34;https://en.wikipedia.org/wiki/Proof_of_space&#34;&gt;https://en.wikipedia.org/wiki/Proof_of_space&lt;/a&gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt; It has rarely been done though given the technological&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; complexity of being both CPU compatible and memory-hard compatible. There&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; are lots of benefits outside of the realm of efficiency, and I already&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; looked into numerous fault tolerant designs as well and what others in the&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; cryptography community attempted to propose. The actual argument you have&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; only against this is the Proof of Memory fallacy, which is only partially&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; true. Given how the current hashing algorithm works, hard memory allocation&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; wouldn&amp;#39;t be of much benefit given it is more optimized for CPU/ASIC&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; specific mining. I&amp;#39;m working towards a hybrid mechanism that fixes that.&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; BTW: The way Bitcoin currently stands in its cryptography still needs&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; updating regardless. If someone figures out NP hardness or the halting&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; problem the traditional rule of millions of years to break all of Bitcoin&amp;#39;s&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; cryptography now comes down to minutes. Bitcoin is going to have to&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; eventually radically upgrade their cryptography and hashing algo in the&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; future regardless. I want to integrate some form of NP complexity in&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; regards to the hybrid cryptography I&amp;#39;m aiming to provide which includes a&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; polynomial time algorithm in the cryptography. More than likely the first&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; version of my BTC hard fork will be coded in a way where integrating such&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; complexity in the future only requires a soft fork or minor upgrade to its&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; chain.&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt; In regards to the argument, &amp;#34;As a separate issue, proposing a&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; hard fork in the hashing algorithm will invalidate the enormous amount of&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; capital expenditure by mining entities and disincentivize future capital&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; expenditure into mining hardware that may compute these more &amp;#34;useful&amp;#34;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; proofs of work.&amp;#34;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt; A large portion of BTC is already mined through AWS servers and&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; non-asic specific hardware anyways. A majority of them would benefit from a&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; hybrid proof, and the fact that it is hybrid in that manner wouldn&amp;#39;t&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; disenfranchise currently optimized mining entities as well.&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt; There are other reasons why a cryptography upgrade like this is&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; beneficial. Theoretically one can argue BItcoin isn&amp;#39;t fully decentralized.&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; It is few unsolved mathematical proofs away from being entirely broken. My&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; goal outside of efficiency is to build cryptography in a way that prevents&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; such an event from happening in the future, if it was to ever happen. I&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; have various research in regards to this area and work alot with&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; distributed computing. I believe if the BTC community likes such a&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; proposal, I would single handedly be able to build the cryptographic proof&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; myself (though would like as many open source contributors as I can get :)&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt; Anyways just something to consider. We are in the same space in&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; regards to what warrants a shitcoin or the whole argument against staking.&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &lt;a href=&#34;https://hackernoon.com/ethereum-you-are-a-centralized-cryptocurrency-stop-telling-us-that-you-arent-pi3s3yjl&#34;&gt;https://hackernoon.com/ethereum-you-are-a-centralized-cryptocurrency-stop-telling-us-that-you-arent-pi3s3yjl&lt;/a&gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt; Best regards,  Andrew&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt; On Fri, Mar 5, 2021 at 4:11 PM Keagan McClelland &amp;lt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; keagan.mcclelland at gmail.com&amp;gt; wrote:&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; It is important to understand that it is critical for the work&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; to be &amp;#34;useless&amp;#34; in order for the security model to be the same. If the work&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; was useful it provides an avenue for actors to have nothing at stake when&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; submitting a proof of work, since the marginal cost of block construction&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; will be lessened by the fact that the work was useful in a different&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; context and therefore would have been done anyway. This actually degrades&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; the security of the network in the process.&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; As a separate issue, proposing a hard fork in the hashing&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; algorithm will invalidate the enormous amount of capital expenditure by&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; mining entities and disincentivize future capital expenditure into mining&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; hardware that may compute these more &amp;#34;useful&amp;#34; proofs of work. This is&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; because any change in the POW algorithm will be considered unstable and&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; subject to change in the future. This puts the entire network at even more&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; risk meaning that no entity is tying their own interests to that of the&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; bitcoin network at large. It also puts the developers in a position where&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; they can be bribed by entities with a vested interest in deciding what the&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; new &amp;#34;useful&amp;#34; proof of work should be.&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; All of these things make the Bitcoin network worse off.&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; Keagan&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; On Fri, Mar 5, 2021 at 1:48 PM Lonero Foundation via&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; bitcoin-dev &amp;lt;bitcoin-dev at lists.linuxfoundation.org&amp;gt; wrote:&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; Also in regards to my other email, I forgot to iterate that&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; my cryptography proposal helps behind the efficiency category but also&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; tackles problems such as NP-Completeness or Halting which is something the&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; BTC network could be vulnerable to in the future. For sake of simplicity, I&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; do want to do this BIP because it tackles lots of the issues in regards to&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; this manner and can provide useful insight to the community. If things such&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; as bigger block height have been proposed as hard forks, I feel at the very&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; least an upgrade regarding the hashing algorithm and cryptography does at&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; least warrant some discussion. Anyways I hope I can send you my BIP, just&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; let me know on the preferred format?&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; Best regards, Andrew&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; On Fri, Mar 5, 2021, 10:12 AM Lonero Foundation &amp;lt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; loneroassociation at gmail.com&amp;gt; wrote:&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; Hi, this isn&amp;#39;t about the energy efficient argument in&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; regards to renewables or mining devices but a better cryptography layer to&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; get the most out of your hashing for validation. I do understand the&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; arbitrariness of it, but do want to still propose a document. Do I use the&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; Media Wiki format on GitHub and just attach it as my proposal?&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; Best regards, Andrew&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; On Fri, Mar 5, 2021, 10:07 AM Devrandom &amp;lt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; c1.devrandom at niftybox.net&amp;gt; wrote:&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; Hi Ryan and Andrew,&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; On Fri, Mar 5, 2021 at 5:42 AM Ryan Grant via bitcoin-dev &amp;lt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; bitcoin-dev at lists.linuxfoundation.org&amp;gt; wrote:&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;   &lt;a href=&#34;https://www.truthcoin.info/blog/pow-cheapest/&#34;&gt;https://www.truthcoin.info/blog/pow-cheapest/&lt;/a&gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;     &amp;#34;Nothing is Cheaper than Proof of Work&amp;#34;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;     on | 04 Aug 2015&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; Just to belabor this a bit, the paper demonstrates that the&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; mining market will tend to expend resources equivalent to miner reward.  It&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; does not prove that mining work has to expend *energy* as a primary cost.&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; Some might argue that energy expenditure has negative&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; externalities and that we should move to other resources.  I would argue&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; that the negative externalities will go away soon because of the move to&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; renewables, so the point is likely moot.&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; _______________________________________________&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; bitcoin-dev mailing list&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; bitcoin-dev at lists.linuxfoundation.org&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &lt;a href=&#34;https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev&#34;&gt;https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev&lt;/a&gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt; _______________________________________________&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt; bitcoin-dev mailing list&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt; bitcoin-dev at lists.linuxfoundation.org&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt; &lt;a href=&#34;https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev&#34;&gt;https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev&lt;/a&gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt; _______________________________________________&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt; bitcoin-dev mailing list&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt; bitcoin-dev at lists.linuxfoundation.org&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt; &lt;a href=&#34;https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev&#34;&gt;https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev&lt;/a&gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt; _______________________________________________&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt; bitcoin-dev mailing list&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt; bitcoin-dev at lists.linuxfoundation.org&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt; &lt;a href=&#34;https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev&#34;&gt;https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev&lt;/a&gt;&lt;br/&gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&lt;br/&gt;&amp;gt;&lt;br/&gt;-------------- next part --------------&lt;br/&gt;An HTML attachment was scrubbed...&lt;br/&gt;URL: &amp;lt;&lt;a href=&#34;http://lists.linuxfoundation.org/pipermail/bitcoin-dev/attachments/20210312/3ded64b9/attachment-0001.html&amp;gt&#34;&gt;http://lists.linuxfoundation.org/pipermail/bitcoin-dev/attachments/20210312/3ded64b9/attachment-0001.html&amp;gt&lt;/a&gt;;
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    <updated>2023-06-07T18:30:15Z</updated>
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  <entry>
    <id>https://nostr.ae/nevent1qqszs3c3tgllrt7uwxt4wsdnjjneks76j8jx2qfz3wvj23086g3uqtszyq0hje9wdtwen27ejard740dwd7z60nzs9yt9kp8u2s7gen9h2j5cntz4sf</id>
    
      <title type="html">📅 Original date posted:2021-03-12 📝 Original message:Hi, I ...</title>
    
    <link rel="alternate" href="https://nostr.ae/nevent1qqszs3c3tgllrt7uwxt4wsdnjjneks76j8jx2qfz3wvj23086g3uqtszyq0hje9wdtwen27ejard740dwd7z60nzs9yt9kp8u2s7gen9h2j5cntz4sf" />
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      In reply to &lt;a href=&#39;/nevent1qqstzcrx894pth5yz699jyffl9t7juzlyjq5n489awtkxz34dmq7y7gftlru8&#39;&gt;nevent1q…lru8&lt;/a&gt;&lt;br/&gt;_________________________&lt;br/&gt;&lt;br/&gt;📅 Original date posted:2021-03-12&lt;br/&gt;📝 Original message:Hi, I also want to emphasize that my main point isn&amp;#39;t just to create a BTC&lt;br/&gt;hardfork or become another Bitcoin Cash, Gold, or SV. The main point in&lt;br/&gt;regards to this BIP actually expands POW rather than replaces or creates an&lt;br/&gt;alternative. Many of the problems faced in regards to security in the&lt;br/&gt;future as well as sustainability is something I believe lots of the changes&lt;br/&gt;I am proposing can fix. In regards to technological implementation, once&lt;br/&gt;this is assigned draft status I am more than willing to create preprints&lt;br/&gt;explaining the cryptography, hashing algorithm improvements, and consensus&lt;br/&gt;that I am working on. This is a highly technologically complex idea that I&lt;br/&gt;am willing to &amp;#34;call my bluff on&amp;#34; and expand upon. As for it being a draft,&lt;br/&gt;I think this is a good starting point at least for draft status prior to&lt;br/&gt;working on technological implementation.&lt;br/&gt;&lt;br/&gt;Best regards, Andrew&lt;br/&gt;&lt;br/&gt;On Fri, Mar 12, 2021 at 5:37 PM email at yancy.lol &amp;lt;email at yancy.lol&amp;gt; wrote:&lt;br/&gt;&lt;br/&gt;&amp;gt; I think Andrew himself is an algo.  The crypto training set must not be&lt;br/&gt;&amp;gt; very good.&lt;br/&gt;&amp;gt;&lt;br/&gt;&amp;gt; Cheers,&lt;br/&gt;&amp;gt; -Yancy&lt;br/&gt;&amp;gt;&lt;br/&gt;&amp;gt; On Friday, March 12, 2021 17:54 CET, Lonero Foundation via bitcoin-dev &amp;lt;&lt;br/&gt;&amp;gt; bitcoin-dev at lists.linuxfoundation.org&amp;gt; wrote:&lt;br/&gt;&amp;gt;&lt;br/&gt;&amp;gt;&lt;br/&gt;&amp;gt; Hi, I awkwardly phrased that part, I was referring to key validation in&lt;br/&gt;&amp;gt; relation to that section as well as the hashing related to those keys. I&lt;br/&gt;&amp;gt; might rephrase it.&lt;br/&gt;&amp;gt;&lt;br/&gt;&amp;gt; In regards to technical merit, the main purpose of the BIP is to get a&lt;br/&gt;&amp;gt; sense of the idea. Once I get assigned a BIP draft #, I am willing to&lt;br/&gt;&amp;gt; follow it up with many preprints or publications to go in the references&lt;br/&gt;&amp;gt; implementation section and start dev work before upgrading to final status.&lt;br/&gt;&amp;gt;&lt;br/&gt;&amp;gt; This will take about 400 hours of my time, but is something I am&lt;br/&gt;&amp;gt; personally looking into developing as a hard fork.&lt;br/&gt;&amp;gt;&lt;br/&gt;&amp;gt; Keep in mind this is a draft, so after it is assigned a number to&lt;br/&gt;&amp;gt; references I do at the very least hope to describe various parts of the&lt;br/&gt;&amp;gt; cryptographic proofs and algorithmic structure I am hoping for.&lt;br/&gt;&amp;gt;&lt;br/&gt;&amp;gt; Best regards, Andrew&lt;br/&gt;&amp;gt;&lt;br/&gt;&amp;gt; On Fri, Mar 12, 2021, 10:03 AM Erik Aronesty &amp;lt;erik at q32.com&amp;gt; wrote:&lt;br/&gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; secp236k1 isn&amp;#39;t a hashing algo.   your BIP needs about 10 more pages&lt;br/&gt;&amp;gt;&amp;gt; and some degree of technical merit.&lt;br/&gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; i suggest you start here:&lt;br/&gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; &lt;a href=&#34;https://en.bitcoin.it/wiki/Proof_of_burn&#34;&gt;https://en.bitcoin.it/wiki/Proof_of_burn&lt;/a&gt;&lt;br/&gt;&amp;gt;&amp;gt; &lt;a href=&#34;https://bitcointalk.org/index.php?topic=225690.0&#34;&gt;https://bitcointalk.org/index.php?topic=225690.0&lt;/a&gt;&lt;br/&gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; proof-of-burn is a nice alternative to proof-of-work.   i always&lt;br/&gt;&amp;gt;&amp;gt; suspected that, if designed correctly, it could be a proven&lt;br/&gt;&amp;gt;&amp;gt; equivalent.   you could spin up a fork of bitcoin that allows aged,&lt;br/&gt;&amp;gt;&amp;gt; burned, coins instead of POW that would probably work just fine.&lt;br/&gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; - erik&lt;br/&gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; On Thu, Mar 11, 2021 at 11:56 AM Lonero Foundation via bitcoin-dev&lt;br/&gt;&amp;gt;&amp;gt; &amp;lt;bitcoin-dev at lists.linuxfoundation.org&amp;gt; wrote:&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt; Hi, I have submitted the BIP Pull Request here:&lt;br/&gt;&amp;gt;&amp;gt; &lt;a href=&#34;https://github.com/bitcoin/bips/pull/1084&#34;&gt;https://github.com/bitcoin/bips/pull/1084&lt;/a&gt;&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt; Hoping to receive a BIP # for the draft prior to development/reference&lt;br/&gt;&amp;gt;&amp;gt; implementation.&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt; Best regards, Andrew&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt; On Mon, Mar 8, 2021, 6:40 PM Lonero Foundation &amp;lt;&lt;br/&gt;&amp;gt;&amp;gt; loneroassociation at gmail.com&amp;gt; wrote:&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt; Hi, here is the list to the BIP proposal on my own repo:&lt;br/&gt;&amp;gt;&amp;gt; &lt;a href=&#34;https://github.com/Mentors4EDU/bip-amkn-posthyb/blob/main/bip-draft.mediawiki&#34;&gt;https://github.com/Mentors4EDU/bip-amkn-posthyb/blob/main/bip-draft.mediawiki&lt;/a&gt;&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt; Can I submit a pull request on the BIPs repo for this to go into draft&lt;br/&gt;&amp;gt;&amp;gt; mode? Also, I think this provides at least some more insight on what I want&lt;br/&gt;&amp;gt;&amp;gt; to work on.&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt; Best regards, Andrew&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt; On Sat, Mar 6, 2021, 10:42 AM Lonero Foundation &amp;lt;&lt;br/&gt;&amp;gt;&amp;gt; loneroassociation at gmail.com&amp;gt; wrote:&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt; [off-list]&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt; Okay. I will do so and post the link here for discussion before doing&lt;br/&gt;&amp;gt;&amp;gt; a pull request on BIP&amp;#39;s repo as the best way to handle it.&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt; Best regards, Andrew&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt; On Sat, Mar 6, 2021, 10:21 AM Ricardo Filipe &amp;lt;&lt;br/&gt;&amp;gt;&amp;gt; ricardojdfilipe at gmail.com&amp;gt; wrote:&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; As said before, you are free to create the BIP in your own repository&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; and bring it to discussion on the mailing list. then you can do a PR&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; Lonero Foundation via bitcoin-dev&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;lt;bitcoin-dev at lists.linuxfoundation.org&amp;gt; escreveu no dia sábado,&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; 6/03/2021 à(s) 08:58:&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt; I know Ethereum had an outlandishly large percentage of nodes&lt;br/&gt;&amp;gt;&amp;gt; running on AWS, I heard the same thing is for Bitcoin but for mining. Had&lt;br/&gt;&amp;gt;&amp;gt; trouble finding the article online so take it with a grain of salt. The&lt;br/&gt;&amp;gt;&amp;gt; point though is that both servers and ASIC specific hardware would still be&lt;br/&gt;&amp;gt;&amp;gt; able to benefit from the cryptography upgrade I am proposing, as this was&lt;br/&gt;&amp;gt;&amp;gt; in relation to the disinfranchisemet point.&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt; That said, I think the best way to move forward is to submit a BIP&lt;br/&gt;&amp;gt;&amp;gt; pull request for a draft via GitHub using BIP #2&amp;#39;s draft format and any&lt;br/&gt;&amp;gt;&amp;gt; questions people have can be answered in the reqeust&amp;#39;s comments. That way&lt;br/&gt;&amp;gt;&amp;gt; people don&amp;#39;t have to get emails everytime there is a reply, but replies&lt;br/&gt;&amp;gt;&amp;gt; still get seen as opposed to offline discussion. Since the instructions say&lt;br/&gt;&amp;gt;&amp;gt; to email bitcoin-dev before doing a bip draft, I have done that. Since&lt;br/&gt;&amp;gt;&amp;gt; people want to see the draft beforehand and it isn&amp;#39;t merged manually&lt;br/&gt;&amp;gt;&amp;gt; anyways, I think it is the easiest way to handle this.&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt; I&amp;#39;m also okay w/ continuing the discussion on bitcoin-dev but&lt;br/&gt;&amp;gt;&amp;gt; rather form a discussion on git instead given I don&amp;#39;t want to accidentally&lt;br/&gt;&amp;gt;&amp;gt; impolitely bother people given this is a moderated list and we already&lt;br/&gt;&amp;gt;&amp;gt; established some interest for at least a draft.&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt; Does that seem fine?&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt; Best regards, Andrew&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt; On Fri, Mar 5, 2021, 7:41 PM Keagan McClelland &amp;lt;&lt;br/&gt;&amp;gt;&amp;gt; keagan.mcclelland at gmail.com&amp;gt; wrote:&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt; &amp;gt; A large portion of BTC is already mined through AWS servers and&lt;br/&gt;&amp;gt;&amp;gt; non-asic specific hardware anyways. A majority of them would benefit from a&lt;br/&gt;&amp;gt;&amp;gt; hybrid proof, and the fact that it is hybrid in that manner wouldn&amp;#39;t&lt;br/&gt;&amp;gt;&amp;gt; disenfranchise currently optimized mining entities as well.&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt; My instincts tell me that this is an outlandish claim. Do you&lt;br/&gt;&amp;gt;&amp;gt; have supporting evidence for this?&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt; Keagan&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt; On Fri, Mar 5, 2021 at 3:22 PM Lonero Foundation via bitcoin-dev &amp;lt;&lt;br/&gt;&amp;gt;&amp;gt; bitcoin-dev at lists.linuxfoundation.org&amp;gt; wrote:&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt; Actually I mentioned a proof of space and time hybrid which is&lt;br/&gt;&amp;gt;&amp;gt; much different than staking. Sorry to draw for the confusion as PoC is more&lt;br/&gt;&amp;gt;&amp;gt; commonly used then PoST.&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt; There is a way to make PoC cryptographically compatible w/ Proof&lt;br/&gt;&amp;gt;&amp;gt; of Work as it normally stands:&lt;br/&gt;&amp;gt;&amp;gt; &lt;a href=&#34;https://en.wikipedia.org/wiki/Proof_of_space&#34;&gt;https://en.wikipedia.org/wiki/Proof_of_space&lt;/a&gt;&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt; It has rarely been done though given the technological&lt;br/&gt;&amp;gt;&amp;gt; complexity of being both CPU compatible and memory-hard compatible. There&lt;br/&gt;&amp;gt;&amp;gt; are lots of benefits outside of the realm of efficiency, and I already&lt;br/&gt;&amp;gt;&amp;gt; looked into numerous fault tolerant designs as well and what others in the&lt;br/&gt;&amp;gt;&amp;gt; cryptography community attempted to propose. The actual argument you have&lt;br/&gt;&amp;gt;&amp;gt; only against this is the Proof of Memory fallacy, which is only partially&lt;br/&gt;&amp;gt;&amp;gt; true. Given how the current hashing algorithm works, hard memory allocation&lt;br/&gt;&amp;gt;&amp;gt; wouldn&amp;#39;t be of much benefit given it is more optimized for CPU/ASIC&lt;br/&gt;&amp;gt;&amp;gt; specific mining. I&amp;#39;m working towards a hybrid mechanism that fixes that.&lt;br/&gt;&amp;gt;&amp;gt; BTW: The way Bitcoin currently stands in its cryptography still needs&lt;br/&gt;&amp;gt;&amp;gt; updating regardless. If someone figures out NP hardness or the halting&lt;br/&gt;&amp;gt;&amp;gt; problem the traditional rule of millions of years to break all of Bitcoin&amp;#39;s&lt;br/&gt;&amp;gt;&amp;gt; cryptography now comes down to minutes. Bitcoin is going to have to&lt;br/&gt;&amp;gt;&amp;gt; eventually radically upgrade their cryptography and hashing algo in the&lt;br/&gt;&amp;gt;&amp;gt; future regardless. I want to integrate some form of NP complexity in&lt;br/&gt;&amp;gt;&amp;gt; regards to the hybrid cryptography I&amp;#39;m aiming to provide which includes a&lt;br/&gt;&amp;gt;&amp;gt; polynomial time algorithm in the cryptography. More than likely the first&lt;br/&gt;&amp;gt;&amp;gt; version of my BTC hard fork will be coded in a way where integrating such&lt;br/&gt;&amp;gt;&amp;gt; complexity in the future only requires a soft fork or minor upgrade to its&lt;br/&gt;&amp;gt;&amp;gt; chain.&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt; In regards to the argument, &amp;#34;As a separate issue, proposing a&lt;br/&gt;&amp;gt;&amp;gt; hard fork in the hashing algorithm will invalidate the enormous amount of&lt;br/&gt;&amp;gt;&amp;gt; capital expenditure by mining entities and disincentivize future capital&lt;br/&gt;&amp;gt;&amp;gt; expenditure into mining hardware that may compute these more &amp;#34;useful&amp;#34;&lt;br/&gt;&amp;gt;&amp;gt; proofs of work.&amp;#34;&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt; A large portion of BTC is already mined through AWS servers and&lt;br/&gt;&amp;gt;&amp;gt; non-asic specific hardware anyways. A majority of them would benefit from a&lt;br/&gt;&amp;gt;&amp;gt; hybrid proof, and the fact that it is hybrid in that manner wouldn&amp;#39;t&lt;br/&gt;&amp;gt;&amp;gt; disenfranchise currently optimized mining entities as well.&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt; There are other reasons why a cryptography upgrade like this is&lt;br/&gt;&amp;gt;&amp;gt; beneficial. Theoretically one can argue BItcoin isn&amp;#39;t fully decentralized.&lt;br/&gt;&amp;gt;&amp;gt; It is few unsolved mathematical proofs away from being entirely broken. My&lt;br/&gt;&amp;gt;&amp;gt; goal outside of efficiency is to build cryptography in a way that prevents&lt;br/&gt;&amp;gt;&amp;gt; such an event from happening in the future, if it was to ever happen. I&lt;br/&gt;&amp;gt;&amp;gt; have various research in regards to this area and work alot with&lt;br/&gt;&amp;gt;&amp;gt; distributed computing. I believe if the BTC community likes such a&lt;br/&gt;&amp;gt;&amp;gt; proposal, I would single handedly be able to build the cryptographic proof&lt;br/&gt;&amp;gt;&amp;gt; myself (though would like as many open source contributors as I can get :)&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt; Anyways just something to consider. We are in the same space in&lt;br/&gt;&amp;gt;&amp;gt; regards to what warrants a shitcoin or the whole argument against staking.&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; &lt;a href=&#34;https://hackernoon.com/ethereum-you-are-a-centralized-cryptocurrency-stop-telling-us-that-you-arent-pi3s3yjl&#34;&gt;https://hackernoon.com/ethereum-you-are-a-centralized-cryptocurrency-stop-telling-us-that-you-arent-pi3s3yjl&lt;/a&gt;&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt; Best regards,  Andrew&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt; On Fri, Mar 5, 2021 at 4:11 PM Keagan McClelland &amp;lt;&lt;br/&gt;&amp;gt;&amp;gt; keagan.mcclelland at gmail.com&amp;gt; wrote:&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; It is important to understand that it is critical for the work&lt;br/&gt;&amp;gt;&amp;gt; to be &amp;#34;useless&amp;#34; in order for the security model to be the same. If the work&lt;br/&gt;&amp;gt;&amp;gt; was useful it provides an avenue for actors to have nothing at stake when&lt;br/&gt;&amp;gt;&amp;gt; submitting a proof of work, since the marginal cost of block construction&lt;br/&gt;&amp;gt;&amp;gt; will be lessened by the fact that the work was useful in a different&lt;br/&gt;&amp;gt;&amp;gt; context and therefore would have been done anyway. This actually degrades&lt;br/&gt;&amp;gt;&amp;gt; the security of the network in the process.&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; As a separate issue, proposing a hard fork in the hashing&lt;br/&gt;&amp;gt;&amp;gt; algorithm will invalidate the enormous amount of capital expenditure by&lt;br/&gt;&amp;gt;&amp;gt; mining entities and disincentivize future capital expenditure into mining&lt;br/&gt;&amp;gt;&amp;gt; hardware that may compute these more &amp;#34;useful&amp;#34; proofs of work. This is&lt;br/&gt;&amp;gt;&amp;gt; because any change in the POW algorithm will be considered unstable and&lt;br/&gt;&amp;gt;&amp;gt; subject to change in the future. This puts the entire network at even more&lt;br/&gt;&amp;gt;&amp;gt; risk meaning that no entity is tying their own interests to that of the&lt;br/&gt;&amp;gt;&amp;gt; bitcoin network at large. It also puts the developers in a position where&lt;br/&gt;&amp;gt;&amp;gt; they can be bribed by entities with a vested interest in deciding what the&lt;br/&gt;&amp;gt;&amp;gt; new &amp;#34;useful&amp;#34; proof of work should be.&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; All of these things make the Bitcoin network worse off.&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; Keagan&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; On Fri, Mar 5, 2021 at 1:48 PM Lonero Foundation via&lt;br/&gt;&amp;gt;&amp;gt; bitcoin-dev &amp;lt;bitcoin-dev at lists.linuxfoundation.org&amp;gt; wrote:&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; Also in regards to my other email, I forgot to iterate that my&lt;br/&gt;&amp;gt;&amp;gt; cryptography proposal helps behind the efficiency category but also tackles&lt;br/&gt;&amp;gt;&amp;gt; problems such as NP-Completeness or Halting which is something the BTC&lt;br/&gt;&amp;gt;&amp;gt; network could be vulnerable to in the future. For sake of simplicity, I do&lt;br/&gt;&amp;gt;&amp;gt; want to do this BIP because it tackles lots of the issues in regards to&lt;br/&gt;&amp;gt;&amp;gt; this manner and can provide useful insight to the community. If things such&lt;br/&gt;&amp;gt;&amp;gt; as bigger block height have been proposed as hard forks, I feel at the very&lt;br/&gt;&amp;gt;&amp;gt; least an upgrade regarding the hashing algorithm and cryptography does at&lt;br/&gt;&amp;gt;&amp;gt; least warrant some discussion. Anyways I hope I can send you my BIP, just&lt;br/&gt;&amp;gt;&amp;gt; let me know on the preferred format?&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; Best regards, Andrew&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; On Fri, Mar 5, 2021, 10:12 AM Lonero Foundation &amp;lt;&lt;br/&gt;&amp;gt;&amp;gt; loneroassociation at gmail.com&amp;gt; wrote:&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; Hi, this isn&amp;#39;t about the energy efficient argument in regards&lt;br/&gt;&amp;gt;&amp;gt; to renewables or mining devices but a better cryptography layer to get the&lt;br/&gt;&amp;gt;&amp;gt; most out of your hashing for validation. I do understand the arbitrariness&lt;br/&gt;&amp;gt;&amp;gt; of it, but do want to still propose a document. Do I use the Media Wiki&lt;br/&gt;&amp;gt;&amp;gt; format on GitHub and just attach it as my proposal?&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; Best regards, Andrew&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; On Fri, Mar 5, 2021, 10:07 AM Devrandom &amp;lt;&lt;br/&gt;&amp;gt;&amp;gt; c1.devrandom at niftybox.net&amp;gt; wrote:&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; Hi Ryan and Andrew,&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; On Fri, Mar 5, 2021 at 5:42 AM Ryan Grant via bitcoin-dev &amp;lt;&lt;br/&gt;&amp;gt;&amp;gt; bitcoin-dev at lists.linuxfoundation.org&amp;gt; wrote:&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;   &lt;a href=&#34;https://www.truthcoin.info/blog/pow-cheapest/&#34;&gt;https://www.truthcoin.info/blog/pow-cheapest/&lt;/a&gt;&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;     &amp;#34;Nothing is Cheaper than Proof of Work&amp;#34;&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;     on | 04 Aug 2015&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; Just to belabor this a bit, the paper demonstrates that the&lt;br/&gt;&amp;gt;&amp;gt; mining market will tend to expend resources equivalent to miner reward.  It&lt;br/&gt;&amp;gt;&amp;gt; does not prove that mining work has to expend *energy* as a primary cost.&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; Some might argue that energy expenditure has negative&lt;br/&gt;&amp;gt;&amp;gt; externalities and that we should move to other resources.  I would argue&lt;br/&gt;&amp;gt;&amp;gt; that the negative externalities will go away soon because of the move to&lt;br/&gt;&amp;gt;&amp;gt; renewables, so the point is likely moot.&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; _______________________________________________&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; bitcoin-dev mailing list&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; bitcoin-dev at lists.linuxfoundation.org&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; &lt;a href=&#34;https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev&#34;&gt;https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev&lt;/a&gt;&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt; _______________________________________________&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt; bitcoin-dev mailing list&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt; bitcoin-dev at lists.linuxfoundation.org&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt; &lt;a href=&#34;https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev&#34;&gt;https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev&lt;/a&gt;&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt; _______________________________________________&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt; bitcoin-dev mailing list&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt; bitcoin-dev at lists.linuxfoundation.org&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt; &lt;a href=&#34;https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev&#34;&gt;https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev&lt;/a&gt;&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt; _______________________________________________&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt; bitcoin-dev mailing list&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt; bitcoin-dev at lists.linuxfoundation.org&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt; &lt;a href=&#34;https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev&#34;&gt;https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev&lt;/a&gt;&lt;br/&gt;&amp;gt;&lt;br/&gt;&amp;gt;&lt;br/&gt;&amp;gt;&lt;br/&gt;&amp;gt;&lt;br/&gt;&amp;gt;&lt;br/&gt;-------------- next part --------------&lt;br/&gt;An HTML attachment was scrubbed...&lt;br/&gt;URL: &amp;lt;&lt;a href=&#34;http://lists.linuxfoundation.org/pipermail/bitcoin-dev/attachments/20210312/062e551b/attachment-0001.html&amp;gt&#34;&gt;http://lists.linuxfoundation.org/pipermail/bitcoin-dev/attachments/20210312/062e551b/attachment-0001.html&amp;gt&lt;/a&gt;;
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    <updated>2023-06-07T18:30:14Z</updated>
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  <entry>
    <id>https://nostr.ae/nevent1qqsx75ehqz0z2dqgz6r28v8q5sfr40yj4pwn4wsq4zcdwkephyt8lcszyq0hje9wdtwen27ejard740dwd7z60nzs9yt9kp8u2s7gen9h2j5cxwmpxs</id>
    
      <title type="html">📅 Original date posted:2021-03-12 📝 Original message:Hi, I ...</title>
    
    <link rel="alternate" href="https://nostr.ae/nevent1qqsx75ehqz0z2dqgz6r28v8q5sfr40yj4pwn4wsq4zcdwkephyt8lcszyq0hje9wdtwen27ejard740dwd7z60nzs9yt9kp8u2s7gen9h2j5cxwmpxs" />
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      In reply to &lt;a href=&#39;/nevent1qqswxv8u50r9v3g782hqy4lldu72m55rq4x6yzhxsqc9lkmvd7vg0as4v52y7&#39;&gt;nevent1q…52y7&lt;/a&gt;&lt;br/&gt;_________________________&lt;br/&gt;&lt;br/&gt;📅 Original date posted:2021-03-12&lt;br/&gt;📝 Original message:Hi, I awkwardly phrased that part, I was referring to key validation in&lt;br/&gt;relation to that section as well as the hashing related to those keys. I&lt;br/&gt;might rephrase it.&lt;br/&gt;&lt;br/&gt;In regards to technical merit, the main purpose of the BIP is to get a&lt;br/&gt;sense of the idea. Once I get assigned a BIP draft #, I am willing to&lt;br/&gt;follow it up with many preprints or publications to go in the references&lt;br/&gt;implementation section and start dev work before upgrading to final status.&lt;br/&gt;&lt;br/&gt;This will take about 400 hours of my time, but is something I am personally&lt;br/&gt;looking into developing as a hard fork.&lt;br/&gt;&lt;br/&gt;Keep in mind this is a draft, so after it is assigned a number to&lt;br/&gt;references I do at the very least hope to describe various parts of the&lt;br/&gt;cryptographic proofs and algorithmic structure I am hoping for.&lt;br/&gt;&lt;br/&gt;Best regards, Andrew&lt;br/&gt;&lt;br/&gt;On Fri, Mar 12, 2021, 10:03 AM Erik Aronesty &amp;lt;erik at q32.com&amp;gt; wrote:&lt;br/&gt;&lt;br/&gt;&amp;gt; secp236k1 isn&amp;#39;t a hashing algo.   your BIP needs about 10 more pages&lt;br/&gt;&amp;gt; and some degree of technical merit.&lt;br/&gt;&amp;gt;&lt;br/&gt;&amp;gt; i suggest you start here:&lt;br/&gt;&amp;gt;&lt;br/&gt;&amp;gt; &lt;a href=&#34;https://en.bitcoin.it/wiki/Proof_of_burn&#34;&gt;https://en.bitcoin.it/wiki/Proof_of_burn&lt;/a&gt;&lt;br/&gt;&amp;gt; &lt;a href=&#34;https://bitcointalk.org/index.php?topic=225690.0&#34;&gt;https://bitcointalk.org/index.php?topic=225690.0&lt;/a&gt;&lt;br/&gt;&amp;gt;&lt;br/&gt;&amp;gt; proof-of-burn is a nice alternative to proof-of-work.   i always&lt;br/&gt;&amp;gt; suspected that, if designed correctly, it could be a proven&lt;br/&gt;&amp;gt; equivalent.   you could spin up a fork of bitcoin that allows aged,&lt;br/&gt;&amp;gt; burned, coins instead of POW that would probably work just fine.&lt;br/&gt;&amp;gt;&lt;br/&gt;&amp;gt; - erik&lt;br/&gt;&amp;gt;&lt;br/&gt;&amp;gt; On Thu, Mar 11, 2021 at 11:56 AM Lonero Foundation via bitcoin-dev&lt;br/&gt;&amp;gt; &amp;lt;bitcoin-dev at lists.linuxfoundation.org&amp;gt; wrote:&lt;br/&gt;&amp;gt; &amp;gt;&lt;br/&gt;&amp;gt; &amp;gt; Hi, I have submitted the BIP Pull Request here:&lt;br/&gt;&amp;gt; &lt;a href=&#34;https://github.com/bitcoin/bips/pull/1084&#34;&gt;https://github.com/bitcoin/bips/pull/1084&lt;/a&gt;&lt;br/&gt;&amp;gt; &amp;gt;&lt;br/&gt;&amp;gt; &amp;gt; Hoping to receive a BIP # for the draft prior to development/reference&lt;br/&gt;&amp;gt; implementation.&lt;br/&gt;&amp;gt; &amp;gt;&lt;br/&gt;&amp;gt; &amp;gt; Best regards, Andrew&lt;br/&gt;&amp;gt; &amp;gt;&lt;br/&gt;&amp;gt; &amp;gt; On Mon, Mar 8, 2021, 6:40 PM Lonero Foundation &amp;lt;&lt;br/&gt;&amp;gt; loneroassociation at gmail.com&amp;gt; wrote:&lt;br/&gt;&amp;gt; &amp;gt;&amp;gt;&lt;br/&gt;&amp;gt; &amp;gt;&amp;gt; Hi, here is the list to the BIP proposal on my own repo:&lt;br/&gt;&amp;gt; &lt;a href=&#34;https://github.com/Mentors4EDU/bip-amkn-posthyb/blob/main/bip-draft.mediawiki&#34;&gt;https://github.com/Mentors4EDU/bip-amkn-posthyb/blob/main/bip-draft.mediawiki&lt;/a&gt;&lt;br/&gt;&amp;gt; &amp;gt;&amp;gt; Can I submit a pull request on the BIPs repo for this to go into draft&lt;br/&gt;&amp;gt; mode? Also, I think this provides at least some more insight on what I want&lt;br/&gt;&amp;gt; to work on.&lt;br/&gt;&amp;gt; &amp;gt;&amp;gt;&lt;br/&gt;&amp;gt; &amp;gt;&amp;gt; Best regards, Andrew&lt;br/&gt;&amp;gt; &amp;gt;&amp;gt;&lt;br/&gt;&amp;gt; &amp;gt;&amp;gt; On Sat, Mar 6, 2021, 10:42 AM Lonero Foundation &amp;lt;&lt;br/&gt;&amp;gt; loneroassociation at gmail.com&amp;gt; wrote:&lt;br/&gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt; [off-list]&lt;br/&gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt; Okay. I will do so and post the link here for discussion before doing&lt;br/&gt;&amp;gt; a pull request on BIP&amp;#39;s repo as the best way to handle it.&lt;br/&gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt; Best regards, Andrew&lt;br/&gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt; On Sat, Mar 6, 2021, 10:21 AM Ricardo Filipe &amp;lt;&lt;br/&gt;&amp;gt; ricardojdfilipe at gmail.com&amp;gt; wrote:&lt;br/&gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; As said before, you are free to create the BIP in your own repository&lt;br/&gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; and bring it to discussion on the mailing list. then you can do a PR&lt;br/&gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; Lonero Foundation via bitcoin-dev&lt;br/&gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;lt;bitcoin-dev at lists.linuxfoundation.org&amp;gt; escreveu no dia sábado,&lt;br/&gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; 6/03/2021 à(s) 08:58:&lt;br/&gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&lt;br/&gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt; I know Ethereum had an outlandishly large percentage of nodes&lt;br/&gt;&amp;gt; running on AWS, I heard the same thing is for Bitcoin but for mining. Had&lt;br/&gt;&amp;gt; trouble finding the article online so take it with a grain of salt. The&lt;br/&gt;&amp;gt; point though is that both servers and ASIC specific hardware would still be&lt;br/&gt;&amp;gt; able to benefit from the cryptography upgrade I am proposing, as this was&lt;br/&gt;&amp;gt; in relation to the disinfranchisemet point.&lt;br/&gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&lt;br/&gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt; That said, I think the best way to move forward is to submit a BIP&lt;br/&gt;&amp;gt; pull request for a draft via GitHub using BIP #2&amp;#39;s draft format and any&lt;br/&gt;&amp;gt; questions people have can be answered in the reqeust&amp;#39;s comments. That way&lt;br/&gt;&amp;gt; people don&amp;#39;t have to get emails everytime there is a reply, but replies&lt;br/&gt;&amp;gt; still get seen as opposed to offline discussion. Since the instructions say&lt;br/&gt;&amp;gt; to email bitcoin-dev before doing a bip draft, I have done that. Since&lt;br/&gt;&amp;gt; people want to see the draft beforehand and it isn&amp;#39;t merged manually&lt;br/&gt;&amp;gt; anyways, I think it is the easiest way to handle this.&lt;br/&gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&lt;br/&gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt; I&amp;#39;m also okay w/ continuing the discussion on bitcoin-dev but&lt;br/&gt;&amp;gt; rather form a discussion on git instead given I don&amp;#39;t want to accidentally&lt;br/&gt;&amp;gt; impolitely bother people given this is a moderated list and we already&lt;br/&gt;&amp;gt; established some interest for at least a draft.&lt;br/&gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&lt;br/&gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt; Does that seem fine?&lt;br/&gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&lt;br/&gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt; Best regards, Andrew&lt;br/&gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&lt;br/&gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt; On Fri, Mar 5, 2021, 7:41 PM Keagan McClelland &amp;lt;&lt;br/&gt;&amp;gt; keagan.mcclelland at gmail.com&amp;gt; wrote:&lt;br/&gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&lt;br/&gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt; &amp;gt; A large portion of BTC is already mined through AWS servers and&lt;br/&gt;&amp;gt; non-asic specific hardware anyways. A majority of them would benefit from a&lt;br/&gt;&amp;gt; hybrid proof, and the fact that it is hybrid in that manner wouldn&amp;#39;t&lt;br/&gt;&amp;gt; disenfranchise currently optimized mining entities as well.&lt;br/&gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&lt;br/&gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt; My instincts tell me that this is an outlandish claim. Do you have&lt;br/&gt;&amp;gt; supporting evidence for this?&lt;br/&gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&lt;br/&gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt; Keagan&lt;br/&gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&lt;br/&gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt; On Fri, Mar 5, 2021 at 3:22 PM Lonero Foundation via bitcoin-dev &amp;lt;&lt;br/&gt;&amp;gt; bitcoin-dev at lists.linuxfoundation.org&amp;gt; wrote:&lt;br/&gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt; Actually I mentioned a proof of space and time hybrid which is&lt;br/&gt;&amp;gt; much different than staking. Sorry to draw for the confusion as PoC is more&lt;br/&gt;&amp;gt; commonly used then PoST.&lt;br/&gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt; There is a way to make PoC cryptographically compatible w/ Proof&lt;br/&gt;&amp;gt; of Work as it normally stands:&lt;br/&gt;&amp;gt; &lt;a href=&#34;https://en.wikipedia.org/wiki/Proof_of_space&#34;&gt;https://en.wikipedia.org/wiki/Proof_of_space&lt;/a&gt;&lt;br/&gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt; It has rarely been done though given the technological complexity&lt;br/&gt;&amp;gt; of being both CPU compatible and memory-hard compatible. There are lots of&lt;br/&gt;&amp;gt; benefits outside of the realm of efficiency, and I already looked into&lt;br/&gt;&amp;gt; numerous fault tolerant designs as well and what others in the cryptography&lt;br/&gt;&amp;gt; community attempted to propose. The actual argument you have only against&lt;br/&gt;&amp;gt; this is the Proof of Memory fallacy, which is only partially true. Given&lt;br/&gt;&amp;gt; how the current hashing algorithm works, hard memory allocation wouldn&amp;#39;t be&lt;br/&gt;&amp;gt; of much benefit given it is more optimized for CPU/ASIC specific mining.&lt;br/&gt;&amp;gt; I&amp;#39;m working towards a hybrid mechanism that fixes that. BTW: The way&lt;br/&gt;&amp;gt; Bitcoin currently stands in its cryptography still needs updating&lt;br/&gt;&amp;gt; regardless. If someone figures out NP hardness or the halting problem the&lt;br/&gt;&amp;gt; traditional rule of millions of years to break all of Bitcoin&amp;#39;s&lt;br/&gt;&amp;gt; cryptography now comes down to minutes. Bitcoin is going to have to&lt;br/&gt;&amp;gt; eventually radically upgrade their cryptography and hashing algo in the&lt;br/&gt;&amp;gt; future regardless. I want to integrate some form of NP complexity in&lt;br/&gt;&amp;gt; regards to the hybrid cryptography I&amp;#39;m aiming to provide which includes a&lt;br/&gt;&amp;gt; polynomial time algorithm in the cryptography. More than likely the first&lt;br/&gt;&amp;gt; version of my BTC hard fork will be coded in a way where integrating such&lt;br/&gt;&amp;gt; complexity in the future only requires a soft fork or minor upgrade to its&lt;br/&gt;&amp;gt; chain.&lt;br/&gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt; In regards to the argument, &amp;#34;As a separate issue, proposing a&lt;br/&gt;&amp;gt; hard fork in the hashing algorithm will invalidate the enormous amount of&lt;br/&gt;&amp;gt; capital expenditure by mining entities and disincentivize future capital&lt;br/&gt;&amp;gt; expenditure into mining hardware that may compute these more &amp;#34;useful&amp;#34;&lt;br/&gt;&amp;gt; proofs of work.&amp;#34;&lt;br/&gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt; A large portion of BTC is already mined through AWS servers and&lt;br/&gt;&amp;gt; non-asic specific hardware anyways. A majority of them would benefit from a&lt;br/&gt;&amp;gt; hybrid proof, and the fact that it is hybrid in that manner wouldn&amp;#39;t&lt;br/&gt;&amp;gt; disenfranchise currently optimized mining entities as well.&lt;br/&gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt; There are other reasons why a cryptography upgrade like this is&lt;br/&gt;&amp;gt; beneficial. Theoretically one can argue BItcoin isn&amp;#39;t fully decentralized.&lt;br/&gt;&amp;gt; It is few unsolved mathematical proofs away from being entirely broken. My&lt;br/&gt;&amp;gt; goal outside of efficiency is to build cryptography in a way that prevents&lt;br/&gt;&amp;gt; such an event from happening in the future, if it was to ever happen. I&lt;br/&gt;&amp;gt; have various research in regards to this area and work alot with&lt;br/&gt;&amp;gt; distributed computing. I believe if the BTC community likes such a&lt;br/&gt;&amp;gt; proposal, I would single handedly be able to build the cryptographic proof&lt;br/&gt;&amp;gt; myself (though would like as many open source contributors as I can get :)&lt;br/&gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt; Anyways just something to consider. We are in the same space in&lt;br/&gt;&amp;gt; regards to what warrants a shitcoin or the whole argument against staking.&lt;br/&gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt; &lt;a href=&#34;https://hackernoon.com/ethereum-you-are-a-centralized-cryptocurrency-stop-telling-us-that-you-arent-pi3s3yjl&#34;&gt;https://hackernoon.com/ethereum-you-are-a-centralized-cryptocurrency-stop-telling-us-that-you-arent-pi3s3yjl&lt;/a&gt;&lt;br/&gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt; Best regards,  Andrew&lt;br/&gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt; On Fri, Mar 5, 2021 at 4:11 PM Keagan McClelland &amp;lt;&lt;br/&gt;&amp;gt; keagan.mcclelland at gmail.com&amp;gt; wrote:&lt;br/&gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; It is important to understand that it is critical for the work&lt;br/&gt;&amp;gt; to be &amp;#34;useless&amp;#34; in order for the security model to be the same. If the work&lt;br/&gt;&amp;gt; was useful it provides an avenue for actors to have nothing at stake when&lt;br/&gt;&amp;gt; submitting a proof of work, since the marginal cost of block construction&lt;br/&gt;&amp;gt; will be lessened by the fact that the work was useful in a different&lt;br/&gt;&amp;gt; context and therefore would have been done anyway. This actually degrades&lt;br/&gt;&amp;gt; the security of the network in the process.&lt;br/&gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; As a separate issue, proposing a hard fork in the hashing&lt;br/&gt;&amp;gt; algorithm will invalidate the enormous amount of capital expenditure by&lt;br/&gt;&amp;gt; mining entities and disincentivize future capital expenditure into mining&lt;br/&gt;&amp;gt; hardware that may compute these more &amp;#34;useful&amp;#34; proofs of work. This is&lt;br/&gt;&amp;gt; because any change in the POW algorithm will be considered unstable and&lt;br/&gt;&amp;gt; subject to change in the future. This puts the entire network at even more&lt;br/&gt;&amp;gt; risk meaning that no entity is tying their own interests to that of the&lt;br/&gt;&amp;gt; bitcoin network at large. It also puts the developers in a position where&lt;br/&gt;&amp;gt; they can be bribed by entities with a vested interest in deciding what the&lt;br/&gt;&amp;gt; new &amp;#34;useful&amp;#34; proof of work should be.&lt;br/&gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; All of these things make the Bitcoin network worse off.&lt;br/&gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; Keagan&lt;br/&gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; On Fri, Mar 5, 2021 at 1:48 PM Lonero Foundation via bitcoin-dev&lt;br/&gt;&amp;gt; &amp;lt;bitcoin-dev at lists.linuxfoundation.org&amp;gt; wrote:&lt;br/&gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; Also in regards to my other email, I forgot to iterate that my&lt;br/&gt;&amp;gt; cryptography proposal helps behind the efficiency category but also tackles&lt;br/&gt;&amp;gt; problems such as NP-Completeness or Halting which is something the BTC&lt;br/&gt;&amp;gt; network could be vulnerable to in the future. For sake of simplicity, I do&lt;br/&gt;&amp;gt; want to do this BIP because it tackles lots of the issues in regards to&lt;br/&gt;&amp;gt; this manner and can provide useful insight to the community. If things such&lt;br/&gt;&amp;gt; as bigger block height have been proposed as hard forks, I feel at the very&lt;br/&gt;&amp;gt; least an upgrade regarding the hashing algorithm and cryptography does at&lt;br/&gt;&amp;gt; least warrant some discussion. Anyways I hope I can send you my BIP, just&lt;br/&gt;&amp;gt; let me know on the preferred format?&lt;br/&gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; Best regards, Andrew&lt;br/&gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; On Fri, Mar 5, 2021, 10:12 AM Lonero Foundation &amp;lt;&lt;br/&gt;&amp;gt; loneroassociation at gmail.com&amp;gt; wrote:&lt;br/&gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; Hi, this isn&amp;#39;t about the energy efficient argument in regards&lt;br/&gt;&amp;gt; to renewables or mining devices but a better cryptography layer to get the&lt;br/&gt;&amp;gt; most out of your hashing for validation. I do understand the arbitrariness&lt;br/&gt;&amp;gt; of it, but do want to still propose a document. Do I use the Media Wiki&lt;br/&gt;&amp;gt; format on GitHub and just attach it as my proposal?&lt;br/&gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; Best regards, Andrew&lt;br/&gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; On Fri, Mar 5, 2021, 10:07 AM Devrandom &amp;lt;&lt;br/&gt;&amp;gt; c1.devrandom at niftybox.net&amp;gt; wrote:&lt;br/&gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; Hi Ryan and Andrew,&lt;br/&gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; On Fri, Mar 5, 2021 at 5:42 AM Ryan Grant via bitcoin-dev &amp;lt;&lt;br/&gt;&amp;gt; bitcoin-dev at lists.linuxfoundation.org&amp;gt; wrote:&lt;br/&gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;   &lt;a href=&#34;https://www.truthcoin.info/blog/pow-cheapest/&#34;&gt;https://www.truthcoin.info/blog/pow-cheapest/&lt;/a&gt;&lt;br/&gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;     &amp;#34;Nothing is Cheaper than Proof of Work&amp;#34;&lt;br/&gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;     on | 04 Aug 2015&lt;br/&gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; Just to belabor this a bit, the paper demonstrates that the&lt;br/&gt;&amp;gt; mining market will tend to expend resources equivalent to miner reward.  It&lt;br/&gt;&amp;gt; does not prove that mining work has to expend *energy* as a primary cost.&lt;br/&gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; Some might argue that energy expenditure has negative&lt;br/&gt;&amp;gt; externalities and that we should move to other resources.  I would argue&lt;br/&gt;&amp;gt; that the negative externalities will go away soon because of the move to&lt;br/&gt;&amp;gt; renewables, so the point is likely moot.&lt;br/&gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; _______________________________________________&lt;br/&gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; bitcoin-dev mailing list&lt;br/&gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; bitcoin-dev at lists.linuxfoundation.org&lt;br/&gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; &lt;a href=&#34;https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev&#34;&gt;https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev&lt;/a&gt;&lt;br/&gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt; _______________________________________________&lt;br/&gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt; bitcoin-dev mailing list&lt;br/&gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt; bitcoin-dev at lists.linuxfoundation.org&lt;br/&gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt; &lt;a href=&#34;https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev&#34;&gt;https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev&lt;/a&gt;&lt;br/&gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&lt;br/&gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt; _______________________________________________&lt;br/&gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt; bitcoin-dev mailing list&lt;br/&gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt; bitcoin-dev at lists.linuxfoundation.org&lt;br/&gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt; &lt;a href=&#34;https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev&#34;&gt;https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev&lt;/a&gt;&lt;br/&gt;&amp;gt; &amp;gt;&lt;br/&gt;&amp;gt; &amp;gt; _______________________________________________&lt;br/&gt;&amp;gt; &amp;gt; bitcoin-dev mailing list&lt;br/&gt;&amp;gt; &amp;gt; bitcoin-dev at lists.linuxfoundation.org&lt;br/&gt;&amp;gt; &amp;gt; &lt;a href=&#34;https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev&#34;&gt;https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev&lt;/a&gt;&lt;br/&gt;&amp;gt;&lt;br/&gt;-------------- next part --------------&lt;br/&gt;An HTML attachment was scrubbed...&lt;br/&gt;URL: &amp;lt;&lt;a href=&#34;http://lists.linuxfoundation.org/pipermail/bitcoin-dev/attachments/20210312/c34e738f/attachment-0001.html&amp;gt&#34;&gt;http://lists.linuxfoundation.org/pipermail/bitcoin-dev/attachments/20210312/c34e738f/attachment-0001.html&amp;gt&lt;/a&gt;;
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    <updated>2023-06-07T18:30:13Z</updated>
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  <entry>
    <id>https://nostr.ae/nevent1qqsx29v2u9ljnj9868dqkzfru0ugqn3cn0pm048pw3lelpjyktj4rrczyq0hje9wdtwen27ejard740dwd7z60nzs9yt9kp8u2s7gen9h2j5cqnd6vj</id>
    
      <title type="html">📅 Original date posted:2021-03-11 📝 Original message:Hi, I ...</title>
    
    <link rel="alternate" href="https://nostr.ae/nevent1qqsx29v2u9ljnj9868dqkzfru0ugqn3cn0pm048pw3lelpjyktj4rrczyq0hje9wdtwen27ejard740dwd7z60nzs9yt9kp8u2s7gen9h2j5cqnd6vj" />
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      In reply to &lt;a href=&#39;/nevent1qqsfxq76acn8d8xedq3dzh5fky9hz8jzxesmhuzewxpklkn2g2r7jzsss7dm9&#39;&gt;nevent1q…7dm9&lt;/a&gt;&lt;br/&gt;_________________________&lt;br/&gt;&lt;br/&gt;📅 Original date posted:2021-03-11&lt;br/&gt;📝 Original message:Hi, I have submitted the BIP Pull Request here:&lt;br/&gt;&lt;a href=&#34;https://github.com/bitcoin/bips/pull/1084&#34;&gt;https://github.com/bitcoin/bips/pull/1084&lt;/a&gt;&lt;br/&gt;&lt;br/&gt;Hoping to receive a BIP # for the draft prior to development/reference&lt;br/&gt;implementation.&lt;br/&gt;&lt;br/&gt;Best regards, Andrew&lt;br/&gt;&lt;br/&gt;On Mon, Mar 8, 2021, 6:40 PM Lonero Foundation &amp;lt;loneroassociation at gmail.com&amp;gt;&lt;br/&gt;wrote:&lt;br/&gt;&lt;br/&gt;&amp;gt; Hi, here is the list to the BIP proposal on my own repo:&lt;br/&gt;&amp;gt; &lt;a href=&#34;https://github.com/Mentors4EDU/bip-amkn-posthyb/blob/main/bip-draft.mediawiki&#34;&gt;https://github.com/Mentors4EDU/bip-amkn-posthyb/blob/main/bip-draft.mediawiki&lt;/a&gt;&lt;br/&gt;&amp;gt; Can I submit a pull request on the BIPs repo for this to go into draft&lt;br/&gt;&amp;gt; mode? Also, I think this provides at least some more insight on what I want&lt;br/&gt;&amp;gt; to work on.&lt;br/&gt;&amp;gt;&lt;br/&gt;&amp;gt; Best regards, Andrew&lt;br/&gt;&amp;gt;&lt;br/&gt;&amp;gt; On Sat, Mar 6, 2021, 10:42 AM Lonero Foundation &amp;lt;&lt;br/&gt;&amp;gt; loneroassociation at gmail.com&amp;gt; wrote:&lt;br/&gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; [off-list]&lt;br/&gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; Okay. I will do so and post the link here for discussion before doing a&lt;br/&gt;&amp;gt;&amp;gt; pull request on BIP&amp;#39;s repo as the best way to handle it.&lt;br/&gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; Best regards, Andrew&lt;br/&gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; On Sat, Mar 6, 2021, 10:21 AM Ricardo Filipe &amp;lt;ricardojdfilipe at gmail.com&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; wrote:&lt;br/&gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; As said before, you are free to create the BIP in your own repository&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; and bring it to discussion on the mailing list. then you can do a PR&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; Lonero Foundation via bitcoin-dev&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;lt;bitcoin-dev at lists.linuxfoundation.org&amp;gt; escreveu no dia sábado,&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; 6/03/2021 à(s) 08:58:&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt; I know Ethereum had an outlandishly large percentage of nodes running&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; on AWS, I heard the same thing is for Bitcoin but for mining. Had trouble&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; finding the article online so take it with a grain of salt. The point&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; though is that both servers and ASIC specific hardware would still be able&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; to benefit from the cryptography upgrade I am proposing, as this was in&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; relation to the disinfranchisemet point.&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt; That said, I think the best way to move forward is to submit a BIP&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; pull request for a draft via GitHub using BIP #2&amp;#39;s draft format and any&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; questions people have can be answered in the reqeust&amp;#39;s comments. That way&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; people don&amp;#39;t have to get emails everytime there is a reply, but replies&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; still get seen as opposed to offline discussion. Since the instructions say&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; to email bitcoin-dev before doing a bip draft, I have done that. Since&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; people want to see the draft beforehand and it isn&amp;#39;t merged manually&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; anyways, I think it is the easiest way to handle this.&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt; I&amp;#39;m also okay w/ continuing the discussion on bitcoin-dev but rather&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; form a discussion on git instead given I don&amp;#39;t want to accidentally&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; impolitely bother people given this is a moderated list and we already&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; established some interest for at least a draft.&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt; Does that seem fine?&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt; Best regards, Andrew&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt; On Fri, Mar 5, 2021, 7:41 PM Keagan McClelland &amp;lt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; keagan.mcclelland at gmail.com&amp;gt; wrote:&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt; &amp;gt; A large portion of BTC is already mined through AWS servers and&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; non-asic specific hardware anyways. A majority of them would benefit from a&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; hybrid proof, and the fact that it is hybrid in that manner wouldn&amp;#39;t&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; disenfranchise currently optimized mining entities as well.&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt; My instincts tell me that this is an outlandish claim. Do you have&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; supporting evidence for this?&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt; Keagan&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt; On Fri, Mar 5, 2021 at 3:22 PM Lonero Foundation via bitcoin-dev &amp;lt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; bitcoin-dev at lists.linuxfoundation.org&amp;gt; wrote:&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt; Actually I mentioned a proof of space and time hybrid which is much&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; different than staking. Sorry to draw for the confusion as PoC is more&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; commonly used then PoST.&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt; There is a way to make PoC cryptographically compatible w/ Proof of&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; Work as it normally stands: &lt;a href=&#34;https://en.wikipedia.org/wiki/Proof_of_space&#34;&gt;https://en.wikipedia.org/wiki/Proof_of_space&lt;/a&gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt; It has rarely been done though given the technological complexity of&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; being both CPU compatible and memory-hard compatible. There are lots of&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; benefits outside of the realm of efficiency, and I already looked into&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; numerous fault tolerant designs as well and what others in the cryptography&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; community attempted to propose. The actual argument you have only against&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; this is the Proof of Memory fallacy, which is only partially true. Given&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; how the current hashing algorithm works, hard memory allocation wouldn&amp;#39;t be&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; of much benefit given it is more optimized for CPU/ASIC specific mining.&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; I&amp;#39;m working towards a hybrid mechanism that fixes that. BTW: The way&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; Bitcoin currently stands in its cryptography still needs updating&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; regardless. If someone figures out NP hardness or the halting problem the&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; traditional rule of millions of years to break all of Bitcoin&amp;#39;s&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; cryptography now comes down to minutes. Bitcoin is going to have to&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; eventually radically upgrade their cryptography and hashing algo in the&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; future regardless. I want to integrate some form of NP complexity in&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; regards to the hybrid cryptography I&amp;#39;m aiming to provide which includes a&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; polynomial time algorithm in the cryptography. More than likely the first&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; version of my BTC hard fork will be coded in a way where integrating such&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; complexity in the future only requires a soft fork or minor upgrade to its&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; chain.&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt; In regards to the argument, &amp;#34;As a separate issue, proposing a hard&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; fork in the hashing algorithm will invalidate the enormous amount of&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; capital expenditure by mining entities and disincentivize future capital&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; expenditure into mining hardware that may compute these more &amp;#34;useful&amp;#34;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; proofs of work.&amp;#34;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt; A large portion of BTC is already mined through AWS servers and&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; non-asic specific hardware anyways. A majority of them would benefit from a&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; hybrid proof, and the fact that it is hybrid in that manner wouldn&amp;#39;t&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; disenfranchise currently optimized mining entities as well.&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt; There are other reasons why a cryptography upgrade like this is&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; beneficial. Theoretically one can argue BItcoin isn&amp;#39;t fully decentralized.&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; It is few unsolved mathematical proofs away from being entirely broken. My&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; goal outside of efficiency is to build cryptography in a way that prevents&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; such an event from happening in the future, if it was to ever happen. I&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; have various research in regards to this area and work alot with&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; distributed computing. I believe if the BTC community likes such a&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; proposal, I would single handedly be able to build the cryptographic proof&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; myself (though would like as many open source contributors as I can get :)&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt; Anyways just something to consider. We are in the same space in&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; regards to what warrants a shitcoin or the whole argument against staking.&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &lt;a href=&#34;https://hackernoon.com/ethereum-you-are-a-centralized-cryptocurrency-stop-telling-us-that-you-arent-pi3s3yjl&#34;&gt;https://hackernoon.com/ethereum-you-are-a-centralized-cryptocurrency-stop-telling-us-that-you-arent-pi3s3yjl&lt;/a&gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt; Best regards,  Andrew&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt; On Fri, Mar 5, 2021 at 4:11 PM Keagan McClelland &amp;lt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; keagan.mcclelland at gmail.com&amp;gt; wrote:&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; It is important to understand that it is critical for the work to&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; be &amp;#34;useless&amp;#34; in order for the security model to be the same. If the work&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; was useful it provides an avenue for actors to have nothing at stake when&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; submitting a proof of work, since the marginal cost of block construction&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; will be lessened by the fact that the work was useful in a different&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; context and therefore would have been done anyway. This actually degrades&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; the security of the network in the process.&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; As a separate issue, proposing a hard fork in the hashing algorithm&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; will invalidate the enormous amount of capital expenditure by mining&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; entities and disincentivize future capital expenditure into mining hardware&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; that may compute these more &amp;#34;useful&amp;#34; proofs of work. This is because any&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; change in the POW algorithm will be considered unstable and subject to&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; change in the future. This puts the entire network at even more risk&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; meaning that no entity is tying their own interests to that of the bitcoin&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; network at large. It also puts the developers in a position where they can&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; be bribed by entities with a vested interest in deciding what the new&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;#34;useful&amp;#34; proof of work should be.&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; All of these things make the Bitcoin network worse off.&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; Keagan&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; On Fri, Mar 5, 2021 at 1:48 PM Lonero Foundation via bitcoin-dev &amp;lt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; bitcoin-dev at lists.linuxfoundation.org&amp;gt; wrote:&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; Also in regards to my other email, I forgot to iterate that my&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; cryptography proposal helps behind the efficiency category but also tackles&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; problems such as NP-Completeness or Halting which is something the BTC&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; network could be vulnerable to in the future. For sake of simplicity, I do&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; want to do this BIP because it tackles lots of the issues in regards to&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; this manner and can provide useful insight to the community. If things such&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; as bigger block height have been proposed as hard forks, I feel at the very&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; least an upgrade regarding the hashing algorithm and cryptography does at&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; least warrant some discussion. Anyways I hope I can send you my BIP, just&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; let me know on the preferred format?&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; Best regards, Andrew&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; On Fri, Mar 5, 2021, 10:12 AM Lonero Foundation &amp;lt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; loneroassociation at gmail.com&amp;gt; wrote:&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; Hi, this isn&amp;#39;t about the energy efficient argument in regards to&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; renewables or mining devices but a better cryptography layer to get the&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; most out of your hashing for validation. I do understand the arbitrariness&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; of it, but do want to still propose a document. Do I use the Media Wiki&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; format on GitHub and just attach it as my proposal?&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; Best regards, Andrew&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; On Fri, Mar 5, 2021, 10:07 AM Devrandom &amp;lt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; c1.devrandom at niftybox.net&amp;gt; wrote:&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; Hi Ryan and Andrew,&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; On Fri, Mar 5, 2021 at 5:42 AM Ryan Grant via bitcoin-dev &amp;lt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; bitcoin-dev at lists.linuxfoundation.org&amp;gt; wrote:&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;   &lt;a href=&#34;https://www.truthcoin.info/blog/pow-cheapest/&#34;&gt;https://www.truthcoin.info/blog/pow-cheapest/&lt;/a&gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;     &amp;#34;Nothing is Cheaper than Proof of Work&amp;#34;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;     on | 04 Aug 2015&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; Just to belabor this a bit, the paper demonstrates that the&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; mining market will tend to expend resources equivalent to miner reward.  It&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; does not prove that mining work has to expend *energy* as a primary cost.&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; Some might argue that energy expenditure has negative&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; externalities and that we should move to other resources.  I would argue&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; that the negative externalities will go away soon because of the move to&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; renewables, so the point is likely moot.&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; _______________________________________________&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; bitcoin-dev mailing list&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; bitcoin-dev at lists.linuxfoundation.org&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; &lt;a href=&#34;https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev&#34;&gt;https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev&lt;/a&gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt; _______________________________________________&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt; bitcoin-dev mailing list&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt; bitcoin-dev at lists.linuxfoundation.org&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt; &lt;a href=&#34;https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev&#34;&gt;https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev&lt;/a&gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt; _______________________________________________&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt; bitcoin-dev mailing list&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt; bitcoin-dev at lists.linuxfoundation.org&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;gt; &lt;a href=&#34;https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev&#34;&gt;https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev&lt;/a&gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&lt;br/&gt;-------------- next part --------------&lt;br/&gt;An HTML attachment was scrubbed...&lt;br/&gt;URL: &amp;lt;&lt;a href=&#34;http://lists.linuxfoundation.org/pipermail/bitcoin-dev/attachments/20210311/cf8f16b7/attachment-0001.html&amp;gt&#34;&gt;http://lists.linuxfoundation.org/pipermail/bitcoin-dev/attachments/20210311/cf8f16b7/attachment-0001.html&amp;gt&lt;/a&gt;;
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    <updated>2023-06-07T18:30:11Z</updated>
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      <title type="html">📅 Original date posted:2021-03-08 📝 Original message:Hi, ...</title>
    
    <link rel="alternate" href="https://nostr.ae/nevent1qqsfxq76acn8d8xedq3dzh5fky9hz8jzxesmhuzewxpklkn2g2r7jzszyq0hje9wdtwen27ejard740dwd7z60nzs9yt9kp8u2s7gen9h2j5c79ypqv" />
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      In reply to &lt;a href=&#39;/nevent1qqs9ln7m4knhk6q9p76s7gnsqvx0pef8dwwuwvxwxtr6uhpgu8s7argjz83ug&#39;&gt;nevent1q…83ug&lt;/a&gt;&lt;br/&gt;_________________________&lt;br/&gt;&lt;br/&gt;📅 Original date posted:2021-03-08&lt;br/&gt;📝 Original message:Hi, here is the list to the BIP proposal on my own repo:&lt;br/&gt;&lt;a href=&#34;https://github.com/Mentors4EDU/bip-amkn-posthyb/blob/main/bip-draft.mediawiki&#34;&gt;https://github.com/Mentors4EDU/bip-amkn-posthyb/blob/main/bip-draft.mediawiki&lt;/a&gt;&lt;br/&gt;Can I submit a pull request on the BIPs repo for this to go into draft&lt;br/&gt;mode? Also, I think this provides at least some more insight on what I want&lt;br/&gt;to work on.&lt;br/&gt;&lt;br/&gt;Best regards, Andrew&lt;br/&gt;&lt;br/&gt;On Sat, Mar 6, 2021, 10:42 AM Lonero Foundation &amp;lt;loneroassociation at gmail.com&amp;gt;&lt;br/&gt;wrote:&lt;br/&gt;&lt;br/&gt;&amp;gt; [off-list]&lt;br/&gt;&amp;gt;&lt;br/&gt;&amp;gt; Okay. I will do so and post the link here for discussion before doing a&lt;br/&gt;&amp;gt; pull request on BIP&amp;#39;s repo as the best way to handle it.&lt;br/&gt;&amp;gt;&lt;br/&gt;&amp;gt; Best regards, Andrew&lt;br/&gt;&amp;gt;&lt;br/&gt;&amp;gt; On Sat, Mar 6, 2021, 10:21 AM Ricardo Filipe &amp;lt;ricardojdfilipe at gmail.com&amp;gt;&lt;br/&gt;&amp;gt; wrote:&lt;br/&gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; As said before, you are free to create the BIP in your own repository&lt;br/&gt;&amp;gt;&amp;gt; and bring it to discussion on the mailing list. then you can do a PR&lt;br/&gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; Lonero Foundation via bitcoin-dev&lt;br/&gt;&amp;gt;&amp;gt; &amp;lt;bitcoin-dev at lists.linuxfoundation.org&amp;gt; escreveu no dia sábado,&lt;br/&gt;&amp;gt;&amp;gt; 6/03/2021 à(s) 08:58:&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt; I know Ethereum had an outlandishly large percentage of nodes running&lt;br/&gt;&amp;gt;&amp;gt; on AWS, I heard the same thing is for Bitcoin but for mining. Had trouble&lt;br/&gt;&amp;gt;&amp;gt; finding the article online so take it with a grain of salt. The point&lt;br/&gt;&amp;gt;&amp;gt; though is that both servers and ASIC specific hardware would still be able&lt;br/&gt;&amp;gt;&amp;gt; to benefit from the cryptography upgrade I am proposing, as this was in&lt;br/&gt;&amp;gt;&amp;gt; relation to the disinfranchisemet point.&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt; That said, I think the best way to move forward is to submit a BIP pull&lt;br/&gt;&amp;gt;&amp;gt; request for a draft via GitHub using BIP #2&amp;#39;s draft format and any&lt;br/&gt;&amp;gt;&amp;gt; questions people have can be answered in the reqeust&amp;#39;s comments. That way&lt;br/&gt;&amp;gt;&amp;gt; people don&amp;#39;t have to get emails everytime there is a reply, but replies&lt;br/&gt;&amp;gt;&amp;gt; still get seen as opposed to offline discussion. Since the instructions say&lt;br/&gt;&amp;gt;&amp;gt; to email bitcoin-dev before doing a bip draft, I have done that. Since&lt;br/&gt;&amp;gt;&amp;gt; people want to see the draft beforehand and it isn&amp;#39;t merged manually&lt;br/&gt;&amp;gt;&amp;gt; anyways, I think it is the easiest way to handle this.&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt; I&amp;#39;m also okay w/ continuing the discussion on bitcoin-dev but rather&lt;br/&gt;&amp;gt;&amp;gt; form a discussion on git instead given I don&amp;#39;t want to accidentally&lt;br/&gt;&amp;gt;&amp;gt; impolitely bother people given this is a moderated list and we already&lt;br/&gt;&amp;gt;&amp;gt; established some interest for at least a draft.&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt; Does that seem fine?&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt; Best regards, Andrew&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt; On Fri, Mar 5, 2021, 7:41 PM Keagan McClelland &amp;lt;&lt;br/&gt;&amp;gt;&amp;gt; keagan.mcclelland at gmail.com&amp;gt; wrote:&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt; &amp;gt; A large portion of BTC is already mined through AWS servers and&lt;br/&gt;&amp;gt;&amp;gt; non-asic specific hardware anyways. A majority of them would benefit from a&lt;br/&gt;&amp;gt;&amp;gt; hybrid proof, and the fact that it is hybrid in that manner wouldn&amp;#39;t&lt;br/&gt;&amp;gt;&amp;gt; disenfranchise currently optimized mining entities as well.&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt; My instincts tell me that this is an outlandish claim. Do you have&lt;br/&gt;&amp;gt;&amp;gt; supporting evidence for this?&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt; Keagan&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt; On Fri, Mar 5, 2021 at 3:22 PM Lonero Foundation via bitcoin-dev &amp;lt;&lt;br/&gt;&amp;gt;&amp;gt; bitcoin-dev at lists.linuxfoundation.org&amp;gt; wrote:&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt; Actually I mentioned a proof of space and time hybrid which is much&lt;br/&gt;&amp;gt;&amp;gt; different than staking. Sorry to draw for the confusion as PoC is more&lt;br/&gt;&amp;gt;&amp;gt; commonly used then PoST.&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt; There is a way to make PoC cryptographically compatible w/ Proof of&lt;br/&gt;&amp;gt;&amp;gt; Work as it normally stands: &lt;a href=&#34;https://en.wikipedia.org/wiki/Proof_of_space&#34;&gt;https://en.wikipedia.org/wiki/Proof_of_space&lt;/a&gt;&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt; It has rarely been done though given the technological complexity of&lt;br/&gt;&amp;gt;&amp;gt; being both CPU compatible and memory-hard compatible. There are lots of&lt;br/&gt;&amp;gt;&amp;gt; benefits outside of the realm of efficiency, and I already looked into&lt;br/&gt;&amp;gt;&amp;gt; numerous fault tolerant designs as well and what others in the cryptography&lt;br/&gt;&amp;gt;&amp;gt; community attempted to propose. The actual argument you have only against&lt;br/&gt;&amp;gt;&amp;gt; this is the Proof of Memory fallacy, which is only partially true. Given&lt;br/&gt;&amp;gt;&amp;gt; how the current hashing algorithm works, hard memory allocation wouldn&amp;#39;t be&lt;br/&gt;&amp;gt;&amp;gt; of much benefit given it is more optimized for CPU/ASIC specific mining.&lt;br/&gt;&amp;gt;&amp;gt; I&amp;#39;m working towards a hybrid mechanism that fixes that. BTW: The way&lt;br/&gt;&amp;gt;&amp;gt; Bitcoin currently stands in its cryptography still needs updating&lt;br/&gt;&amp;gt;&amp;gt; regardless. If someone figures out NP hardness or the halting problem the&lt;br/&gt;&amp;gt;&amp;gt; traditional rule of millions of years to break all of Bitcoin&amp;#39;s&lt;br/&gt;&amp;gt;&amp;gt; cryptography now comes down to minutes. Bitcoin is going to have to&lt;br/&gt;&amp;gt;&amp;gt; eventually radically upgrade their cryptography and hashing algo in the&lt;br/&gt;&amp;gt;&amp;gt; future regardless. I want to integrate some form of NP complexity in&lt;br/&gt;&amp;gt;&amp;gt; regards to the hybrid cryptography I&amp;#39;m aiming to provide which includes a&lt;br/&gt;&amp;gt;&amp;gt; polynomial time algorithm in the cryptography. More than likely the first&lt;br/&gt;&amp;gt;&amp;gt; version of my BTC hard fork will be coded in a way where integrating such&lt;br/&gt;&amp;gt;&amp;gt; complexity in the future only requires a soft fork or minor upgrade to its&lt;br/&gt;&amp;gt;&amp;gt; chain.&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt; In regards to the argument, &amp;#34;As a separate issue, proposing a hard&lt;br/&gt;&amp;gt;&amp;gt; fork in the hashing algorithm will invalidate the enormous amount of&lt;br/&gt;&amp;gt;&amp;gt; capital expenditure by mining entities and disincentivize future capital&lt;br/&gt;&amp;gt;&amp;gt; expenditure into mining hardware that may compute these more &amp;#34;useful&amp;#34;&lt;br/&gt;&amp;gt;&amp;gt; proofs of work.&amp;#34;&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt; A large portion of BTC is already mined through AWS servers and&lt;br/&gt;&amp;gt;&amp;gt; non-asic specific hardware anyways. A majority of them would benefit from a&lt;br/&gt;&amp;gt;&amp;gt; hybrid proof, and the fact that it is hybrid in that manner wouldn&amp;#39;t&lt;br/&gt;&amp;gt;&amp;gt; disenfranchise currently optimized mining entities as well.&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt; There are other reasons why a cryptography upgrade like this is&lt;br/&gt;&amp;gt;&amp;gt; beneficial. Theoretically one can argue BItcoin isn&amp;#39;t fully decentralized.&lt;br/&gt;&amp;gt;&amp;gt; It is few unsolved mathematical proofs away from being entirely broken. My&lt;br/&gt;&amp;gt;&amp;gt; goal outside of efficiency is to build cryptography in a way that prevents&lt;br/&gt;&amp;gt;&amp;gt; such an event from happening in the future, if it was to ever happen. I&lt;br/&gt;&amp;gt;&amp;gt; have various research in regards to this area and work alot with&lt;br/&gt;&amp;gt;&amp;gt; distributed computing. I believe if the BTC community likes such a&lt;br/&gt;&amp;gt;&amp;gt; proposal, I would single handedly be able to build the cryptographic proof&lt;br/&gt;&amp;gt;&amp;gt; myself (though would like as many open source contributors as I can get :)&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt; Anyways just something to consider. We are in the same space in&lt;br/&gt;&amp;gt;&amp;gt; regards to what warrants a shitcoin or the whole argument against staking.&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; &lt;a href=&#34;https://hackernoon.com/ethereum-you-are-a-centralized-cryptocurrency-stop-telling-us-that-you-arent-pi3s3yjl&#34;&gt;https://hackernoon.com/ethereum-you-are-a-centralized-cryptocurrency-stop-telling-us-that-you-arent-pi3s3yjl&lt;/a&gt;&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt; Best regards,  Andrew&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt; On Fri, Mar 5, 2021 at 4:11 PM Keagan McClelland &amp;lt;&lt;br/&gt;&amp;gt;&amp;gt; keagan.mcclelland at gmail.com&amp;gt; wrote:&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; It is important to understand that it is critical for the work to be&lt;br/&gt;&amp;gt;&amp;gt; &amp;#34;useless&amp;#34; in order for the security model to be the same. If the work was&lt;br/&gt;&amp;gt;&amp;gt; useful it provides an avenue for actors to have nothing at stake when&lt;br/&gt;&amp;gt;&amp;gt; submitting a proof of work, since the marginal cost of block construction&lt;br/&gt;&amp;gt;&amp;gt; will be lessened by the fact that the work was useful in a different&lt;br/&gt;&amp;gt;&amp;gt; context and therefore would have been done anyway. This actually degrades&lt;br/&gt;&amp;gt;&amp;gt; the security of the network in the process.&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; As a separate issue, proposing a hard fork in the hashing algorithm&lt;br/&gt;&amp;gt;&amp;gt; will invalidate the enormous amount of capital expenditure by mining&lt;br/&gt;&amp;gt;&amp;gt; entities and disincentivize future capital expenditure into mining hardware&lt;br/&gt;&amp;gt;&amp;gt; that may compute these more &amp;#34;useful&amp;#34; proofs of work. This is because any&lt;br/&gt;&amp;gt;&amp;gt; change in the POW algorithm will be considered unstable and subject to&lt;br/&gt;&amp;gt;&amp;gt; change in the future. This puts the entire network at even more risk&lt;br/&gt;&amp;gt;&amp;gt; meaning that no entity is tying their own interests to that of the bitcoin&lt;br/&gt;&amp;gt;&amp;gt; network at large. It also puts the developers in a position where they can&lt;br/&gt;&amp;gt;&amp;gt; be bribed by entities with a vested interest in deciding what the new&lt;br/&gt;&amp;gt;&amp;gt; &amp;#34;useful&amp;#34; proof of work should be.&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; All of these things make the Bitcoin network worse off.&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; Keagan&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt; On Fri, Mar 5, 2021 at 1:48 PM Lonero Foundation via bitcoin-dev &amp;lt;&lt;br/&gt;&amp;gt;&amp;gt; bitcoin-dev at lists.linuxfoundation.org&amp;gt; wrote:&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; Also in regards to my other email, I forgot to iterate that my&lt;br/&gt;&amp;gt;&amp;gt; cryptography proposal helps behind the efficiency category but also tackles&lt;br/&gt;&amp;gt;&amp;gt; problems such as NP-Completeness or Halting which is something the BTC&lt;br/&gt;&amp;gt;&amp;gt; network could be vulnerable to in the future. For sake of simplicity, I do&lt;br/&gt;&amp;gt;&amp;gt; want to do this BIP because it tackles lots of the issues in regards to&lt;br/&gt;&amp;gt;&amp;gt; this manner and can provide useful insight to the community. If things such&lt;br/&gt;&amp;gt;&amp;gt; as bigger block height have been proposed as hard forks, I feel at the very&lt;br/&gt;&amp;gt;&amp;gt; least an upgrade regarding the hashing algorithm and cryptography does at&lt;br/&gt;&amp;gt;&amp;gt; least warrant some discussion. Anyways I hope I can send you my BIP, just&lt;br/&gt;&amp;gt;&amp;gt; let me know on the preferred format?&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; Best regards, Andrew&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; On Fri, Mar 5, 2021, 10:12 AM Lonero Foundation &amp;lt;&lt;br/&gt;&amp;gt;&amp;gt; loneroassociation at gmail.com&amp;gt; wrote:&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; Hi, this isn&amp;#39;t about the energy efficient argument in regards to&lt;br/&gt;&amp;gt;&amp;gt; renewables or mining devices but a better cryptography layer to get the&lt;br/&gt;&amp;gt;&amp;gt; most out of your hashing for validation. I do understand the arbitrariness&lt;br/&gt;&amp;gt;&amp;gt; of it, but do want to still propose a document. Do I use the Media Wiki&lt;br/&gt;&amp;gt;&amp;gt; format on GitHub and just attach it as my proposal?&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; Best regards, Andrew&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; On Fri, Mar 5, 2021, 10:07 AM Devrandom &amp;lt;c1.devrandom at niftybox.net&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; wrote:&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; Hi Ryan and Andrew,&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; On Fri, Mar 5, 2021 at 5:42 AM Ryan Grant via bitcoin-dev &amp;lt;&lt;br/&gt;&amp;gt;&amp;gt; bitcoin-dev at lists.linuxfoundation.org&amp;gt; wrote:&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;   &lt;a href=&#34;https://www.truthcoin.info/blog/pow-cheapest/&#34;&gt;https://www.truthcoin.info/blog/pow-cheapest/&lt;/a&gt;&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;     &amp;#34;Nothing is Cheaper than Proof of Work&amp;#34;&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;     on | 04 Aug 2015&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; Just to belabor this a bit, the paper demonstrates that the&lt;br/&gt;&amp;gt;&amp;gt; mining market will tend to expend resources equivalent to miner reward.  It&lt;br/&gt;&amp;gt;&amp;gt; does not prove that mining work has to expend *energy* as a primary cost.&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; Some might argue that energy expenditure has negative&lt;br/&gt;&amp;gt;&amp;gt; externalities and that we should move to other resources.  I would argue&lt;br/&gt;&amp;gt;&amp;gt; that the negative externalities will go away soon because of the move to&lt;br/&gt;&amp;gt;&amp;gt; renewables, so the point is likely moot.&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; _______________________________________________&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; bitcoin-dev mailing list&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; bitcoin-dev at lists.linuxfoundation.org&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; &lt;a href=&#34;https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev&#34;&gt;https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev&lt;/a&gt;&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt; _______________________________________________&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt; bitcoin-dev mailing list&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt; bitcoin-dev at lists.linuxfoundation.org&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&amp;gt;&amp;gt; &lt;a href=&#34;https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev&#34;&gt;https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev&lt;/a&gt;&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt; _______________________________________________&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt; bitcoin-dev mailing list&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt; bitcoin-dev at lists.linuxfoundation.org&lt;br/&gt;&amp;gt;&amp;gt; &amp;gt; &lt;a href=&#34;https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev&#34;&gt;https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev&lt;/a&gt;&lt;br/&gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&lt;br/&gt;-------------- next part --------------&lt;br/&gt;An HTML attachment was scrubbed...&lt;br/&gt;URL: &amp;lt;&lt;a href=&#34;http://lists.linuxfoundation.org/pipermail/bitcoin-dev/attachments/20210308/848af606/attachment-0001.html&amp;gt&#34;&gt;http://lists.linuxfoundation.org/pipermail/bitcoin-dev/attachments/20210308/848af606/attachment-0001.html&amp;gt&lt;/a&gt;;
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    <updated>2023-06-07T18:30:10Z</updated>
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      <title type="html">📅 Original date posted:2021-03-05 📝 Original message:I know ...</title>
    
    <link rel="alternate" href="https://nostr.ae/nevent1qqspmz8f9mah6gftwqy7uuwjvx7qmtctu0m5t55up5m49ww5xg6xe6qzyq0hje9wdtwen27ejard740dwd7z60nzs9yt9kp8u2s7gen9h2j5c9a3z2u" />
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      In reply to &lt;a href=&#39;/nevent1qqsfswa7w609gcm9r4c08kck5unvzr3jk92hpgn0dk7uv37a7fn0lvs0epdes&#39;&gt;nevent1q…pdes&lt;/a&gt;&lt;br/&gt;_________________________&lt;br/&gt;&lt;br/&gt;📅 Original date posted:2021-03-05&lt;br/&gt;📝 Original message:I know Ethereum had an outlandishly large percentage of nodes running on&lt;br/&gt;AWS, I heard the same thing is for Bitcoin but for mining. Had trouble&lt;br/&gt;finding the article online so take it with a grain of salt. The point&lt;br/&gt;though is that both servers and ASIC specific hardware would still be able&lt;br/&gt;to benefit from the cryptography upgrade I am proposing, as this was in&lt;br/&gt;relation to the disinfranchisemet point.&lt;br/&gt;&lt;br/&gt;That said, I think the best way to move forward is to submit a BIP pull&lt;br/&gt;request for a draft via GitHub using BIP #2&amp;#39;s draft format and any&lt;br/&gt;questions people have can be answered in the reqeust&amp;#39;s comments. That way&lt;br/&gt;people don&amp;#39;t have to get emails everytime there is a reply, but replies&lt;br/&gt;still get seen as opposed to offline discussion. Since the instructions say&lt;br/&gt;to email bitcoin-dev before doing a bip draft, I have done that. Since&lt;br/&gt;people want to see the draft beforehand and it isn&amp;#39;t merged manually&lt;br/&gt;anyways, I think it is the easiest way to handle this.&lt;br/&gt;&lt;br/&gt;I&amp;#39;m also okay w/ continuing the discussion on bitcoin-dev but rather form a&lt;br/&gt;discussion on git instead given I don&amp;#39;t want to accidentally impolitely&lt;br/&gt;bother people given this is a moderated list and we already established&lt;br/&gt;some interest for at least a draft.&lt;br/&gt;&lt;br/&gt;Does that seem fine?&lt;br/&gt;&lt;br/&gt;Best regards, Andrew&lt;br/&gt;&lt;br/&gt;On Fri, Mar 5, 2021, 7:41 PM Keagan McClelland &amp;lt;keagan.mcclelland at gmail.com&amp;gt;&lt;br/&gt;wrote:&lt;br/&gt;&lt;br/&gt;&amp;gt; &amp;gt; A large portion of BTC is already mined through AWS servers and non-asic&lt;br/&gt;&amp;gt; specific hardware anyways. A majority of them would benefit from a hybrid&lt;br/&gt;&amp;gt; proof, and the fact that it is hybrid in that manner wouldn&amp;#39;t&lt;br/&gt;&amp;gt; disenfranchise currently optimized mining entities as well.&lt;br/&gt;&amp;gt;&lt;br/&gt;&amp;gt; My instincts tell me that this is an outlandish claim. Do you have&lt;br/&gt;&amp;gt; supporting evidence for this?&lt;br/&gt;&amp;gt;&lt;br/&gt;&amp;gt; Keagan&lt;br/&gt;&amp;gt;&lt;br/&gt;&amp;gt; On Fri, Mar 5, 2021 at 3:22 PM Lonero Foundation via bitcoin-dev &amp;lt;&lt;br/&gt;&amp;gt; bitcoin-dev at lists.linuxfoundation.org&amp;gt; wrote:&lt;br/&gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; Actually I mentioned a proof of space and time hybrid which is much&lt;br/&gt;&amp;gt;&amp;gt; different than staking. Sorry to draw for the confusion as PoC is more&lt;br/&gt;&amp;gt;&amp;gt; commonly used then PoST.&lt;br/&gt;&amp;gt;&amp;gt; There is a way to make PoC cryptographically compatible w/ Proof of Work&lt;br/&gt;&amp;gt;&amp;gt; as it normally stands: &lt;a href=&#34;https://en.wikipedia.org/wiki/Proof_of_space&#34;&gt;https://en.wikipedia.org/wiki/Proof_of_space&lt;/a&gt;&lt;br/&gt;&amp;gt;&amp;gt; It has rarely been done though given the technological complexity of&lt;br/&gt;&amp;gt;&amp;gt; being both CPU compatible and memory-hard compatible. There are lots of&lt;br/&gt;&amp;gt;&amp;gt; benefits outside of the realm of efficiency, and I already looked into&lt;br/&gt;&amp;gt;&amp;gt; numerous fault tolerant designs as well and what others in the cryptography&lt;br/&gt;&amp;gt;&amp;gt; community attempted to propose. The actual argument you have only against&lt;br/&gt;&amp;gt;&amp;gt; this is the Proof of Memory fallacy, which is only partially true. Given&lt;br/&gt;&amp;gt;&amp;gt; how the current hashing algorithm works, hard memory allocation wouldn&amp;#39;t be&lt;br/&gt;&amp;gt;&amp;gt; of much benefit given it is more optimized for CPU/ASIC specific mining.&lt;br/&gt;&amp;gt;&amp;gt; I&amp;#39;m working towards a hybrid mechanism that fixes that. BTW: The way&lt;br/&gt;&amp;gt;&amp;gt; Bitcoin currently stands in its cryptography still needs updating&lt;br/&gt;&amp;gt;&amp;gt; regardless. If someone figures out NP hardness or the halting problem the&lt;br/&gt;&amp;gt;&amp;gt; traditional rule of millions of years to break all of Bitcoin&amp;#39;s&lt;br/&gt;&amp;gt;&amp;gt; cryptography now comes down to minutes. Bitcoin is going to have to&lt;br/&gt;&amp;gt;&amp;gt; eventually radically upgrade their cryptography and hashing algo in the&lt;br/&gt;&amp;gt;&amp;gt; future regardless. I want to integrate some form of NP complexity in&lt;br/&gt;&amp;gt;&amp;gt; regards to the hybrid cryptography I&amp;#39;m aiming to provide which includes a&lt;br/&gt;&amp;gt;&amp;gt; polynomial time algorithm in the cryptography. More than likely the first&lt;br/&gt;&amp;gt;&amp;gt; version of my BTC hard fork will be coded in a way where integrating such&lt;br/&gt;&amp;gt;&amp;gt; complexity in the future only requires a soft fork or minor upgrade to its&lt;br/&gt;&amp;gt;&amp;gt; chain.&lt;br/&gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; In regards to the argument, &amp;#34;As a separate issue, proposing a hard fork&lt;br/&gt;&amp;gt;&amp;gt; in the hashing algorithm will invalidate the enormous amount of capital&lt;br/&gt;&amp;gt;&amp;gt; expenditure by mining entities and disincentivize future capital&lt;br/&gt;&amp;gt;&amp;gt; expenditure into mining hardware that may compute these more &amp;#34;useful&amp;#34;&lt;br/&gt;&amp;gt;&amp;gt; proofs of work.&amp;#34;&lt;br/&gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; A large portion of BTC is already mined through AWS servers and non-asic&lt;br/&gt;&amp;gt;&amp;gt; specific hardware anyways. A majority of them would benefit from a hybrid&lt;br/&gt;&amp;gt;&amp;gt; proof, and the fact that it is hybrid in that manner wouldn&amp;#39;t&lt;br/&gt;&amp;gt;&amp;gt; disenfranchise currently optimized mining entities as well.&lt;br/&gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; There are other reasons why a cryptography upgrade like this is&lt;br/&gt;&amp;gt;&amp;gt; beneficial. Theoretically one can argue BItcoin isn&amp;#39;t fully decentralized.&lt;br/&gt;&amp;gt;&amp;gt; It is few unsolved mathematical proofs away from being entirely broken. My&lt;br/&gt;&amp;gt;&amp;gt; goal outside of efficiency is to build cryptography in a way that prevents&lt;br/&gt;&amp;gt;&amp;gt; such an event from happening in the future, if it was to ever happen. I&lt;br/&gt;&amp;gt;&amp;gt; have various research in regards to this area and work alot with&lt;br/&gt;&amp;gt;&amp;gt; distributed computing. I believe if the BTC community likes such a&lt;br/&gt;&amp;gt;&amp;gt; proposal, I would single handedly be able to build the cryptographic proof&lt;br/&gt;&amp;gt;&amp;gt; myself (though would like as many open source contributors as I can get :)&lt;br/&gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; Anyways just something to consider. We are in the same space in regards&lt;br/&gt;&amp;gt;&amp;gt; to what warrants a shitcoin or the whole argument against staking.&lt;br/&gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; &lt;a href=&#34;https://hackernoon.com/ethereum-you-are-a-centralized-cryptocurrency-stop-telling-us-that-you-arent-pi3s3yjl&#34;&gt;https://hackernoon.com/ethereum-you-are-a-centralized-cryptocurrency-stop-telling-us-that-you-arent-pi3s3yjl&lt;/a&gt;&lt;br/&gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; Best regards,  Andrew&lt;br/&gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; On Fri, Mar 5, 2021 at 4:11 PM Keagan McClelland &amp;lt;&lt;br/&gt;&amp;gt;&amp;gt; keagan.mcclelland at gmail.com&amp;gt; wrote:&lt;br/&gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; It is important to understand that it is critical for the work to be&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; &amp;#34;useless&amp;#34; in order for the security model to be the same. If the work was&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; useful it provides an avenue for actors to have nothing at stake when&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; submitting a proof of work, since the marginal cost of block construction&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; will be lessened by the fact that the work was useful in a different&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; context and therefore would have been done anyway. This actually degrades&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; the security of the network in the process.&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; As a separate issue, proposing a hard fork in the hashing algorithm will&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; invalidate the enormous amount of capital expenditure by mining entities&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; and disincentivize future capital expenditure into mining hardware that may&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; compute these more &amp;#34;useful&amp;#34; proofs of work. This is because any change in&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; the POW algorithm will be considered unstable and subject to change in the&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; future. This puts the entire network at even more risk meaning that no&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; entity is tying their own interests to that of the bitcoin network at&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; large. It also puts the developers in a position where they can be bribed&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; by entities with a vested interest in deciding what the new &amp;#34;useful&amp;#34; proof&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; of work should be.&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; All of these things make the Bitcoin network worse off.&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; Keagan&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; On Fri, Mar 5, 2021 at 1:48 PM Lonero Foundation via bitcoin-dev &amp;lt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; bitcoin-dev at lists.linuxfoundation.org&amp;gt; wrote:&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; Also in regards to my other email, I forgot to iterate that my&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; cryptography proposal helps behind the efficiency category but also tackles&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; problems such as NP-Completeness or Halting which is something the BTC&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; network could be vulnerable to in the future. For sake of simplicity, I do&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; want to do this BIP because it tackles lots of the issues in regards to&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; this manner and can provide useful insight to the community. If things such&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; as bigger block height have been proposed as hard forks, I feel at the very&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; least an upgrade regarding the hashing algorithm and cryptography does at&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; least warrant some discussion. Anyways I hope I can send you my BIP, just&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; let me know on the preferred format?&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; Best regards, Andrew&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; On Fri, Mar 5, 2021, 10:12 AM Lonero Foundation &amp;lt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; loneroassociation at gmail.com&amp;gt; wrote:&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; Hi, this isn&amp;#39;t about the energy efficient argument in regards to&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; renewables or mining devices but a better cryptography layer to get the&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; most out of your hashing for validation. I do understand the arbitrariness&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; of it, but do want to still propose a document. Do I use the Media Wiki&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; format on GitHub and just attach it as my proposal?&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; Best regards, Andrew&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; On Fri, Mar 5, 2021, 10:07 AM Devrandom &amp;lt;c1.devrandom at niftybox.net&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; wrote:&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; Hi Ryan and Andrew,&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; On Fri, Mar 5, 2021 at 5:42 AM Ryan Grant via bitcoin-dev &amp;lt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; bitcoin-dev at lists.linuxfoundation.org&amp;gt; wrote:&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;   &lt;a href=&#34;https://www.truthcoin.info/blog/pow-cheapest/&#34;&gt;https://www.truthcoin.info/blog/pow-cheapest/&lt;/a&gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;     &amp;#34;Nothing is Cheaper than Proof of Work&amp;#34;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;     on | 04 Aug 2015&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; Just to belabor this a bit, the paper demonstrates that the mining&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; market will tend to expend resources equivalent to miner reward.  It does&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; not prove that mining work has to expend *energy* as a primary cost.&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; Some might argue that energy expenditure has negative externalities&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; and that we should move to other resources.  I would argue that the&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; negative externalities will go away soon because of the move to renewables,&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; so the point is likely moot.&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; _______________________________________________&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; bitcoin-dev mailing list&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; bitcoin-dev at lists.linuxfoundation.org&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; &lt;a href=&#34;https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev&#34;&gt;https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev&lt;/a&gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; _______________________________________________&lt;br/&gt;&amp;gt;&amp;gt; bitcoin-dev mailing list&lt;br/&gt;&amp;gt;&amp;gt; bitcoin-dev at lists.linuxfoundation.org&lt;br/&gt;&amp;gt;&amp;gt; &lt;a href=&#34;https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev&#34;&gt;https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev&lt;/a&gt;&lt;br/&gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&lt;br/&gt;-------------- next part --------------&lt;br/&gt;An HTML attachment was scrubbed...&lt;br/&gt;URL: &amp;lt;&lt;a href=&#34;http://lists.linuxfoundation.org/pipermail/bitcoin-dev/attachments/20210305/598bc471/attachment.html&amp;gt&#34;&gt;http://lists.linuxfoundation.org/pipermail/bitcoin-dev/attachments/20210305/598bc471/attachment.html&amp;gt&lt;/a&gt;;
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    <updated>2023-06-07T18:30:08Z</updated>
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    <id>https://nostr.ae/nevent1qqs08hs3chkx9502e8xvwhxsrjp0t0cevwypqxv3nvmulr5jphl6plczyq0hje9wdtwen27ejard740dwd7z60nzs9yt9kp8u2s7gen9h2j5ckwsxk8</id>
    
      <title type="html">📅 Original date posted:2021-03-05 📝 Original ...</title>
    
    <link rel="alternate" href="https://nostr.ae/nevent1qqs08hs3chkx9502e8xvwhxsrjp0t0cevwypqxv3nvmulr5jphl6plczyq0hje9wdtwen27ejard740dwd7z60nzs9yt9kp8u2s7gen9h2j5ckwsxk8" />
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      In reply to &lt;a href=&#39;/nevent1qqsqtau0e04nge92dxlwhm0s4jt0rxplha2mf77456ehl2tfa0yajtg3zhgpc&#39;&gt;nevent1q…hgpc&lt;/a&gt;&lt;br/&gt;_________________________&lt;br/&gt;&lt;br/&gt;📅 Original date posted:2021-03-05&lt;br/&gt;📝 Original message:Actually I mentioned a proof of space and time hybrid which is much&lt;br/&gt;different than staking. Sorry to draw for the confusion as PoC is more&lt;br/&gt;commonly used then PoST.&lt;br/&gt;There is a way to make PoC cryptographically compatible w/ Proof of Work as&lt;br/&gt;it normally stands: &lt;a href=&#34;https://en.wikipedia.org/wiki/Proof_of_space&#34;&gt;https://en.wikipedia.org/wiki/Proof_of_space&lt;/a&gt;&lt;br/&gt;It has rarely been done though given the technological complexity of being&lt;br/&gt;both CPU compatible and memory-hard compatible. There are lots of benefits&lt;br/&gt;outside of the realm of efficiency, and I already looked into numerous&lt;br/&gt;fault tolerant designs as well and what others in the cryptography&lt;br/&gt;community attempted to propose. The actual argument you have only against&lt;br/&gt;this is the Proof of Memory fallacy, which is only partially true. Given&lt;br/&gt;how the current hashing algorithm works, hard memory allocation wouldn&amp;#39;t be&lt;br/&gt;of much benefit given it is more optimized for CPU/ASIC specific mining.&lt;br/&gt;I&amp;#39;m working towards a hybrid mechanism that fixes that. BTW: The way&lt;br/&gt;Bitcoin currently stands in its cryptography still needs updating&lt;br/&gt;regardless. If someone figures out NP hardness or the halting problem the&lt;br/&gt;traditional rule of millions of years to break all of Bitcoin&amp;#39;s&lt;br/&gt;cryptography now comes down to minutes. Bitcoin is going to have to&lt;br/&gt;eventually radically upgrade their cryptography and hashing algo in the&lt;br/&gt;future regardless. I want to integrate some form of NP complexity in&lt;br/&gt;regards to the hybrid cryptography I&amp;#39;m aiming to provide which includes a&lt;br/&gt;polynomial time algorithm in the cryptography. More than likely the first&lt;br/&gt;version of my BTC hard fork will be coded in a way where integrating such&lt;br/&gt;complexity in the future only requires a soft fork or minor upgrade to its&lt;br/&gt;chain.&lt;br/&gt;&lt;br/&gt;In regards to the argument, &amp;#34;As a separate issue, proposing a hard fork in&lt;br/&gt;the hashing algorithm will invalidate the enormous amount of capital&lt;br/&gt;expenditure by mining entities and disincentivize future capital&lt;br/&gt;expenditure into mining hardware that may compute these more &amp;#34;useful&amp;#34;&lt;br/&gt;proofs of work.&amp;#34;&lt;br/&gt;&lt;br/&gt;A large portion of BTC is already mined through AWS servers and non-asic&lt;br/&gt;specific hardware anyways. A majority of them would benefit from a hybrid&lt;br/&gt;proof, and the fact that it is hybrid in that manner wouldn&amp;#39;t&lt;br/&gt;disenfranchise currently optimized mining entities as well.&lt;br/&gt;&lt;br/&gt;There are other reasons why a cryptography upgrade like this is beneficial.&lt;br/&gt;Theoretically one can argue BItcoin isn&amp;#39;t fully decentralized. It is few&lt;br/&gt;unsolved mathematical proofs away from being entirely broken. My goal&lt;br/&gt;outside of efficiency is to build cryptography in a way that prevents such&lt;br/&gt;an event from happening in the future, if it was to ever happen. I have&lt;br/&gt;various research in regards to this area and work alot with distributed&lt;br/&gt;computing. I believe if the BTC community likes such a proposal, I would&lt;br/&gt;single handedly be able to build the cryptographic proof myself (though&lt;br/&gt;would like as many open source contributors as I can get :)&lt;br/&gt;&lt;br/&gt;Anyways just something to consider. We are in the same space in regards to&lt;br/&gt;what warrants a shitcoin or the whole argument against staking.&lt;br/&gt;&lt;a href=&#34;https://hackernoon.com/ethereum-you-are-a-centralized-cryptocurrency-stop-telling-us-that-you-arent-pi3s3yjl&#34;&gt;https://hackernoon.com/ethereum-you-are-a-centralized-cryptocurrency-stop-telling-us-that-you-arent-pi3s3yjl&lt;/a&gt;&lt;br/&gt;&lt;br/&gt;Best regards,  Andrew&lt;br/&gt;&lt;br/&gt;On Fri, Mar 5, 2021 at 4:11 PM Keagan McClelland &amp;lt;&lt;br/&gt;keagan.mcclelland at gmail.com&amp;gt; wrote:&lt;br/&gt;&lt;br/&gt;&amp;gt; It is important to understand that it is critical for the work to be&lt;br/&gt;&amp;gt; &amp;#34;useless&amp;#34; in order for the security model to be the same. If the work was&lt;br/&gt;&amp;gt; useful it provides an avenue for actors to have nothing at stake when&lt;br/&gt;&amp;gt; submitting a proof of work, since the marginal cost of block construction&lt;br/&gt;&amp;gt; will be lessened by the fact that the work was useful in a different&lt;br/&gt;&amp;gt; context and therefore would have been done anyway. This actually degrades&lt;br/&gt;&amp;gt; the security of the network in the process.&lt;br/&gt;&amp;gt;&lt;br/&gt;&amp;gt; As a separate issue, proposing a hard fork in the hashing algorithm will&lt;br/&gt;&amp;gt; invalidate the enormous amount of capital expenditure by mining entities&lt;br/&gt;&amp;gt; and disincentivize future capital expenditure into mining hardware that may&lt;br/&gt;&amp;gt; compute these more &amp;#34;useful&amp;#34; proofs of work. This is because any change in&lt;br/&gt;&amp;gt; the POW algorithm will be considered unstable and subject to change in the&lt;br/&gt;&amp;gt; future. This puts the entire network at even more risk meaning that no&lt;br/&gt;&amp;gt; entity is tying their own interests to that of the bitcoin network at&lt;br/&gt;&amp;gt; large. It also puts the developers in a position where they can be bribed&lt;br/&gt;&amp;gt; by entities with a vested interest in deciding what the new &amp;#34;useful&amp;#34; proof&lt;br/&gt;&amp;gt; of work should be.&lt;br/&gt;&amp;gt;&lt;br/&gt;&amp;gt; All of these things make the Bitcoin network worse off.&lt;br/&gt;&amp;gt;&lt;br/&gt;&amp;gt; Keagan&lt;br/&gt;&amp;gt;&lt;br/&gt;&amp;gt; On Fri, Mar 5, 2021 at 1:48 PM Lonero Foundation via bitcoin-dev &amp;lt;&lt;br/&gt;&amp;gt; bitcoin-dev at lists.linuxfoundation.org&amp;gt; wrote:&lt;br/&gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; Also in regards to my other email, I forgot to iterate that my&lt;br/&gt;&amp;gt;&amp;gt; cryptography proposal helps behind the efficiency category but also tackles&lt;br/&gt;&amp;gt;&amp;gt; problems such as NP-Completeness or Halting which is something the BTC&lt;br/&gt;&amp;gt;&amp;gt; network could be vulnerable to in the future. For sake of simplicity, I do&lt;br/&gt;&amp;gt;&amp;gt; want to do this BIP because it tackles lots of the issues in regards to&lt;br/&gt;&amp;gt;&amp;gt; this manner and can provide useful insight to the community. If things such&lt;br/&gt;&amp;gt;&amp;gt; as bigger block height have been proposed as hard forks, I feel at the very&lt;br/&gt;&amp;gt;&amp;gt; least an upgrade regarding the hashing algorithm and cryptography does at&lt;br/&gt;&amp;gt;&amp;gt; least warrant some discussion. Anyways I hope I can send you my BIP, just&lt;br/&gt;&amp;gt;&amp;gt; let me know on the preferred format?&lt;br/&gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; Best regards, Andrew&lt;br/&gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; On Fri, Mar 5, 2021, 10:12 AM Lonero Foundation &amp;lt;&lt;br/&gt;&amp;gt;&amp;gt; loneroassociation at gmail.com&amp;gt; wrote:&lt;br/&gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; Hi, this isn&amp;#39;t about the energy efficient argument in regards to&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; renewables or mining devices but a better cryptography layer to get the&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; most out of your hashing for validation. I do understand the arbitrariness&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; of it, but do want to still propose a document. Do I use the Media Wiki&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; format on GitHub and just attach it as my proposal?&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; Best regards, Andrew&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; On Fri, Mar 5, 2021, 10:07 AM Devrandom &amp;lt;c1.devrandom at niftybox.net&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt; wrote:&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; Hi Ryan and Andrew,&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; On Fri, Mar 5, 2021 at 5:42 AM Ryan Grant via bitcoin-dev &amp;lt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; bitcoin-dev at lists.linuxfoundation.org&amp;gt; wrote:&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;   &lt;a href=&#34;https://www.truthcoin.info/blog/pow-cheapest/&#34;&gt;https://www.truthcoin.info/blog/pow-cheapest/&lt;/a&gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;     &amp;#34;Nothing is Cheaper than Proof of Work&amp;#34;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;     on | 04 Aug 2015&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; Just to belabor this a bit, the paper demonstrates that the mining&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; market will tend to expend resources equivalent to miner reward.  It does&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; not prove that mining work has to expend *energy* as a primary cost.&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; Some might argue that energy expenditure has negative externalities and&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; that we should move to other resources.  I would argue that the negative&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; externalities will go away soon because of the move to renewables, so the&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; point is likely moot.&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&amp;gt; _______________________________________________&lt;br/&gt;&amp;gt;&amp;gt; bitcoin-dev mailing list&lt;br/&gt;&amp;gt;&amp;gt; bitcoin-dev at lists.linuxfoundation.org&lt;br/&gt;&amp;gt;&amp;gt; &lt;a href=&#34;https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev&#34;&gt;https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev&lt;/a&gt;&lt;br/&gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&lt;br/&gt;-------------- next part --------------&lt;br/&gt;An HTML attachment was scrubbed...&lt;br/&gt;URL: &amp;lt;&lt;a href=&#34;http://lists.linuxfoundation.org/pipermail/bitcoin-dev/attachments/20210305/686f42d2/attachment-0001.html&amp;gt&#34;&gt;http://lists.linuxfoundation.org/pipermail/bitcoin-dev/attachments/20210305/686f42d2/attachment-0001.html&amp;gt&lt;/a&gt;;
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    <updated>2023-06-07T18:30:07Z</updated>
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  <entry>
    <id>https://nostr.ae/nevent1qqsv4uytmwr6hdtq3tk5t6lxcrzvhdcwaw2mp43cajx344gpndd44gszyq0hje9wdtwen27ejard740dwd7z60nzs9yt9kp8u2s7gen9h2j5cmcq4zh</id>
    
      <title type="html">📅 Original date posted:2021-03-04 📝 Original message:Hello, ...</title>
    
    <link rel="alternate" href="https://nostr.ae/nevent1qqsv4uytmwr6hdtq3tk5t6lxcrzvhdcwaw2mp43cajx344gpndd44gszyq0hje9wdtwen27ejard740dwd7z60nzs9yt9kp8u2s7gen9h2j5cmcq4zh" />
    <content type="html">
      In reply to &lt;a href=&#39;/nevent1qqs8yy94hzkdhchxzgwqp9yq4w2uy2x2lzma9zlm0zehn24ha8gh8ds23768k&#39;&gt;nevent1q…768k&lt;/a&gt;&lt;br/&gt;_________________________&lt;br/&gt;&lt;br/&gt;📅 Original date posted:2021-03-04&lt;br/&gt;📝 Original message:Hello, I want to start a new BIP proposal aiming to tackle some of the&lt;br/&gt;energy efficiency issues w/ Bitcoin mining. Excuse my ignorance given this&lt;br/&gt;is my first time making a BIP proposal, but is there a specific format I&lt;br/&gt;need to follow? Do I just make a draft on my personal GitHub or need to&lt;br/&gt;attach the README?&lt;br/&gt;&lt;br/&gt;Anyways my idea is centered around a hybrid mining integration w/ POW/PoST&lt;br/&gt;for BTC&amp;#39;s SHA-256 hash algorithm. The integration is actually a&lt;br/&gt;cryptography proof. While I would prefer a soft fork integration, a vastly&lt;br/&gt;different cryptography proof without affecting the current node integration&lt;br/&gt;is less than feasible.&lt;br/&gt;&lt;br/&gt;Anyways, I do want to submit my document explaining everything and how all&lt;br/&gt;this would work. I am mostly a Quantum Engineer and Bioinformatics&lt;br/&gt;consultant for a living, so I think what I can propose to an extent may be&lt;br/&gt;of interest to some.&lt;br/&gt;&lt;br/&gt;Best regards,&lt;br/&gt;Andrew M. K. Nassief&lt;br/&gt;-------------- next part --------------&lt;br/&gt;An HTML attachment was scrubbed...&lt;br/&gt;URL: &amp;lt;&lt;a href=&#34;http://lists.linuxfoundation.org/pipermail/bitcoin-dev/attachments/20210304/08d19bfa/attachment.html&amp;gt&#34;&gt;http://lists.linuxfoundation.org/pipermail/bitcoin-dev/attachments/20210304/08d19bfa/attachment.html&amp;gt&lt;/a&gt;;
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    <updated>2023-06-07T18:30:06Z</updated>
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  <entry>
    <id>https://nostr.ae/nevent1qqsx37h6w96e2kt94jzpxm0n78hdm853xt2adwyfs7r5wyf9xx4u0mszyq0hje9wdtwen27ejard740dwd7z60nzs9yt9kp8u2s7gen9h2j5cqefc0n</id>
    
      <title type="html">📅 Original date posted:2021-03-05 📝 Original message:Also ...</title>
    
    <link rel="alternate" href="https://nostr.ae/nevent1qqsx37h6w96e2kt94jzpxm0n78hdm853xt2adwyfs7r5wyf9xx4u0mszyq0hje9wdtwen27ejard740dwd7z60nzs9yt9kp8u2s7gen9h2j5cqefc0n" />
    <content type="html">
      In reply to &lt;a href=&#39;/nevent1qqsrecldvw0636d8d32pnygwfq2gqrcg8zpw7e2wfdjxy4p8nc2ujzgs20qmy&#39;&gt;nevent1q…0qmy&lt;/a&gt;&lt;br/&gt;_________________________&lt;br/&gt;&lt;br/&gt;📅 Original date posted:2021-03-05&lt;br/&gt;📝 Original message:Also in regards to my other email, I forgot to iterate that my cryptography&lt;br/&gt;proposal helps behind the efficiency category but also tackles problems&lt;br/&gt;such as NP-Completeness or Halting which is something the BTC network could&lt;br/&gt;be vulnerable to in the future. For sake of simplicity, I do want to do&lt;br/&gt;this BIP because it tackles lots of the issues in regards to this manner&lt;br/&gt;and can provide useful insight to the community. If things such as bigger&lt;br/&gt;block height have been proposed as hard forks, I feel at the very least an&lt;br/&gt;upgrade regarding the hashing algorithm and cryptography does at least&lt;br/&gt;warrant some discussion. Anyways I hope I can send you my BIP, just let me&lt;br/&gt;know on the preferred format?&lt;br/&gt;&lt;br/&gt;Best regards, Andrew&lt;br/&gt;&lt;br/&gt;On Fri, Mar 5, 2021, 10:12 AM Lonero Foundation &amp;lt;loneroassociation at gmail.com&amp;gt;&lt;br/&gt;wrote:&lt;br/&gt;&lt;br/&gt;&amp;gt; Hi, this isn&amp;#39;t about the energy efficient argument in regards to&lt;br/&gt;&amp;gt; renewables or mining devices but a better cryptography layer to get the&lt;br/&gt;&amp;gt; most out of your hashing for validation. I do understand the arbitrariness&lt;br/&gt;&amp;gt; of it, but do want to still propose a document. Do I use the Media Wiki&lt;br/&gt;&amp;gt; format on GitHub and just attach it as my proposal?&lt;br/&gt;&amp;gt;&lt;br/&gt;&amp;gt; Best regards, Andrew&lt;br/&gt;&amp;gt;&lt;br/&gt;&amp;gt; On Fri, Mar 5, 2021, 10:07 AM Devrandom &amp;lt;c1.devrandom at niftybox.net&amp;gt; wrote:&lt;br/&gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; Hi Ryan and Andrew,&lt;br/&gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; On Fri, Mar 5, 2021 at 5:42 AM Ryan Grant via bitcoin-dev &amp;lt;&lt;br/&gt;&amp;gt;&amp;gt; bitcoin-dev at lists.linuxfoundation.org&amp;gt; wrote:&lt;br/&gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;   &lt;a href=&#34;https://www.truthcoin.info/blog/pow-cheapest/&#34;&gt;https://www.truthcoin.info/blog/pow-cheapest/&lt;/a&gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;     &amp;#34;Nothing is Cheaper than Proof of Work&amp;#34;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;     on | 04 Aug 2015&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; Just to belabor this a bit, the paper demonstrates that the mining market&lt;br/&gt;&amp;gt;&amp;gt; will tend to expend resources equivalent to miner reward.  It does not&lt;br/&gt;&amp;gt;&amp;gt; prove that mining work has to expend *energy* as a primary cost.&lt;br/&gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt; Some might argue that energy expenditure has negative externalities and&lt;br/&gt;&amp;gt;&amp;gt; that we should move to other resources.  I would argue that the negative&lt;br/&gt;&amp;gt;&amp;gt; externalities will go away soon because of the move to renewables, so the&lt;br/&gt;&amp;gt;&amp;gt; point is likely moot.&lt;br/&gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&lt;br/&gt;-------------- next part --------------&lt;br/&gt;An HTML attachment was scrubbed...&lt;br/&gt;URL: &amp;lt;&lt;a href=&#34;http://lists.linuxfoundation.org/pipermail/bitcoin-dev/attachments/20210305/a6a1e694/attachment-0001.html&amp;gt&#34;&gt;http://lists.linuxfoundation.org/pipermail/bitcoin-dev/attachments/20210305/a6a1e694/attachment-0001.html&amp;gt&lt;/a&gt;;
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    <updated>2023-06-07T18:30:06Z</updated>
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  <entry>
    <id>https://nostr.ae/nevent1qqsrecldvw0636d8d32pnygwfq2gqrcg8zpw7e2wfdjxy4p8nc2ujzgzyq0hje9wdtwen27ejard740dwd7z60nzs9yt9kp8u2s7gen9h2j5czn4vyk</id>
    
      <title type="html">📅 Original date posted:2021-03-05 📝 Original message:Hi, ...</title>
    
    <link rel="alternate" href="https://nostr.ae/nevent1qqsrecldvw0636d8d32pnygwfq2gqrcg8zpw7e2wfdjxy4p8nc2ujzgzyq0hje9wdtwen27ejard740dwd7z60nzs9yt9kp8u2s7gen9h2j5czn4vyk" />
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      In reply to &lt;a href=&#39;/nevent1qqstad3a06nnfj4eqe67xw3vyknejgwrkxunhhee9rm94ven8fhw2fslqmahl&#39;&gt;nevent1q…mahl&lt;/a&gt;&lt;br/&gt;_________________________&lt;br/&gt;&lt;br/&gt;📅 Original date posted:2021-03-05&lt;br/&gt;📝 Original message:Hi, this isn&amp;#39;t about the energy efficient argument in regards to renewables&lt;br/&gt;or mining devices but a better cryptography layer to get the most out of&lt;br/&gt;your hashing for validation. I do understand the arbitrariness of it, but&lt;br/&gt;do want to still propose a document. Do I use the Media Wiki format on&lt;br/&gt;GitHub and just attach it as my proposal?&lt;br/&gt;&lt;br/&gt;Best regards, Andrew&lt;br/&gt;&lt;br/&gt;On Fri, Mar 5, 2021, 10:07 AM Devrandom &amp;lt;c1.devrandom at niftybox.net&amp;gt; wrote:&lt;br/&gt;&lt;br/&gt;&amp;gt; Hi Ryan and Andrew,&lt;br/&gt;&amp;gt;&lt;br/&gt;&amp;gt; On Fri, Mar 5, 2021 at 5:42 AM Ryan Grant via bitcoin-dev &amp;lt;&lt;br/&gt;&amp;gt; bitcoin-dev at lists.linuxfoundation.org&amp;gt; wrote:&lt;br/&gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;   &lt;a href=&#34;https://www.truthcoin.info/blog/pow-cheapest/&#34;&gt;https://www.truthcoin.info/blog/pow-cheapest/&lt;/a&gt;&lt;br/&gt;&amp;gt;&amp;gt;     &amp;#34;Nothing is Cheaper than Proof of Work&amp;#34;&lt;br/&gt;&amp;gt;&amp;gt;     on | 04 Aug 2015&lt;br/&gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt;&amp;gt;&lt;br/&gt;&amp;gt; Just to belabor this a bit, the paper demonstrates that the mining market&lt;br/&gt;&amp;gt; will tend to expend resources equivalent to miner reward.  It does not&lt;br/&gt;&amp;gt; prove that mining work has to expend *energy* as a primary cost.&lt;br/&gt;&amp;gt;&lt;br/&gt;&amp;gt; Some might argue that energy expenditure has negative externalities and&lt;br/&gt;&amp;gt; that we should move to other resources.  I would argue that the negative&lt;br/&gt;&amp;gt; externalities will go away soon because of the move to renewables, so the&lt;br/&gt;&amp;gt; point is likely moot.&lt;br/&gt;&amp;gt;&lt;br/&gt;&amp;gt;&lt;br/&gt;-------------- next part --------------&lt;br/&gt;An HTML attachment was scrubbed...&lt;br/&gt;URL: &amp;lt;&lt;a href=&#34;http://lists.linuxfoundation.org/pipermail/bitcoin-dev/attachments/20210305/c345b12f/attachment.html&amp;gt&#34;&gt;http://lists.linuxfoundation.org/pipermail/bitcoin-dev/attachments/20210305/c345b12f/attachment.html&amp;gt&lt;/a&gt;;
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    <updated>2023-06-07T18:30:06Z</updated>
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