{"type":"rich","version":"1.0","author_name":"npub1k6906yrdzekdkn23mrskcf6up8s2fypqldhnz9gfc44kwsan02zq5xvja6","author_url":"https://nostr.ae/npub1k6906yrdzekdkn23mrskcf6up8s2fypqldhnz9gfc44kwsan02zq5xvja6","provider_name":"njump","provider_url":"https://nostr.ae","html":"📅 Original date posted:2015-10-14\n📝 Original message:\u003eSo it seems to me that all I need to do is figure out who the current\nleader is,\n\u003eand DDoS him off the network to shut Bitcoin-NG down.\n\nGood point. If NG is layered on top of Bitcoin, we'd retain all of Bitcoin\nas is. This would confer all the benefits of Bitcoin's retrospective\nblocks, as well as add the ability to mint microblocks with low latency in\nbetween. And despite the phrase \"the leader,\" the actual leader in NG is a\nkey, not a specific node. That makes it possible to deter DDoS attacks by\ndynamically migrating where in the network the leader is operating in\nresponse to an attack. Finally, DDoS attacks against miners are already\npossible, but they seem rare, and I suspect it's at least partly because of\nthe success of Matt Corallo's high speed bitcoin relay network. Similar\ndefenses can apply here.\n\n- egs\n\n\n\nOn Wed, Oct 14, 2015 at 2:20 PM, Bob McElrath \u003cbob at mcelrath.org\u003e wrote:\n\n\u003e So it seems to me that all I need to do is figure out who the current\n\u003e leader is,\n\u003e and DDoS him off the network to shut Bitcoin-NG down.\n\u003e\n\u003e This is a significant advantage to bitcoin's ex-post-facto blocks: no one\n\u003e knows\n\u003e where the next one will come from.  The only way to shut the network down\n\u003e is to\n\u003e shut all nodes down.\n\u003e\n\u003e Emin Gün Sirer via bitcoin-dev [bitcoin-dev at lists.linuxfoundation.org]\n\u003e wrote:\n\u003e \u003e Hi everyone,\n\u003e \u003e\n\u003e \u003e We just released the whitepaper describing Bitcoin-NG, a new technique\n\u003e for\n\u003e \u003e addressing some of the scalability challenges faced by Bitcoin.\n\u003e Surprisingly,\n\u003e \u003e Bitcoin-NG can simultaneously increase throughput while reducing\n\u003e latency, and\n\u003e \u003e do so without impacting Bitcoin's open architecture or changing its trust\n\u003e \u003e model. This post illustrates the core technique:\n\u003e \u003e      http://hackingdistributed.com/2015/10/14/bitcoin-ng/\n\u003e \u003e while the whitepaper has all the nitty gritty details:\n\u003e \u003e      http://arxiv.org/abs/1510.02037\n\u003e \u003e\n\u003e \u003e Fitting NG on top of the current Bitcoin blockchain is future work that\n\u003e we\n\u003e \u003e think is quite possible. NG is compatible with both Bitcoin as is, as\n\u003e well as\n\u003e \u003e Blockstream-like sidechains, and we currently are not planning to compete\n\u003e \u003e commercially with either technology -- we see NG as being complementary\n\u003e to both\n\u003e \u003e efforts. This is pure science, published and shared with the community to\n\u003e \u003e advance the state of blockchains and to help them reach throughputs and\n\u003e \u003e latencies required of cutting edge fintech applications. Perhaps it can\n\u003e be\n\u003e \u003e adopted, or perhaps it can provide the spark of inspiration for someone\n\u003e else to\n\u003e \u003e come up with even better solutions.\n\u003e \u003e\n\u003e \u003e We would be delighted to hear your feedback.\n\u003e \u003e - Ittay Eyal and E. Gün Sirer.\n\u003e \u003e\n\u003e \u003e !DSPAM:561e98cd301391127216946!\n\u003e\n\u003e \u003e _______________________________________________\n\u003e \u003e bitcoin-dev mailing list\n\u003e \u003e bitcoin-dev at lists.linuxfoundation.org\n\u003e \u003e https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev\n\u003e \u003e\n\u003e \u003e\n\u003e \u003e !DSPAM:561e98cd301391127216946!\n\u003e\n\u003e --\n\u003e Cheers, Bob McElrath\n\u003e\n\u003e \"For every complex problem, there is a solution that is simple, neat, and\n\u003e wrong.\"\n\u003e     -- H. L. Mencken\n\u003e\n\u003e\n-------------- next part --------------\nAn HTML attachment was scrubbed...\nURL: \u003chttp://lists.linuxfoundation.org/pipermail/bitcoin-dev/attachments/20151014/4aef9442/attachment.html\u003e"}
