rich1.0npub1k2eekmevs6gg60df75qpjw4a2atmy89vx28c8zqq5jxy64tuzrws39qd6mhttps://nostr.ae/npub1k2eekmevs6gg60df75qpjw4a2atmy89vx28c8zqq5jxy64tuzrws39qd6mnjumphttps://nostr.ae📅 Original date posted:2014-04-23 📝 Original message:-----BEGIN PGP SIGNED MESSAGE----- Hash: SHA1 On 04/23/2014 07:55 AM, Mike Hearn wrote: > 2. Miners can vote to reallocate the coinbase value of bad blocks > before they mature. If a majority of blocks leading up to maturity > vote for reallocation, the value goes into a pot that subsequent > blocks are allowed to claim for themselves. Thus there is no risk > to voting "no" on a block, the work done by the Finney attacker is > not wasted, and users do not have to suffer through huge reorgs. If enough miners don't like a block that has been mined, they can all work to orphan it without any change to the protocol whatsoever. Why are proposing this a change to the network that allows miners to vote to disregard output scripts, instead of creating an out of band network via which miners can coordinate actions using the capabilities the protocol already allows? Once you've changed the network such that it is no longer a machine that faithfully processes scripts, and instead is a machine via which a set of controllers can decide which valid scripts will be honored and which ones will not, what will be the next proposed condition under which the miners can confiscate and redistribute balances? - -- Support online privacy by using email encryption whenever possible. Learn how here: http://www.youtube.com/watch?v=bakOKJFtB-k -----BEGIN PGP SIGNATURE----- Version: GnuPG v2.0.22 (GNU/Linux) Comment: Using GnuPG with Thunderbird - http://www.enigmail.net/ iQEcBAEBAgAGBQJTV9OUAAoJECoisBQbQ4v0XE8H+QGcOc3JiYsS2/xoR8SqpyEx gDChDFvhaao9qMPhfxBG0bso+4ITZ5c3mJawkqdBm3ZZPeygt1fLqvxe4c1AWocH YCf9CyZJlm8KsDJOqorja5o/6oXjH5xiGgVi042Jhb9wj/aGNPFvL9X6DGhEeFKQ uXFN4wTSPViEOryVqo3vEFh3md9Y1AIqcvc/b5M+EAtvaAD33/ALnzY9CNKymQZE o0JGLEfwamKkZ+QA0mTfeDheJe9kj0KOQhXqOG/x3NlKCFVpmGz3daWZHJCFMDb4 +RmDwoxOKvXxgveXu9w4d3bc3SQZ75hygmeMvVQwZggia31wqrHtsWLqIiFhVnU= =hpdg -----END PGP SIGNATURE----- -------------- next part -------------- A non-text attachment was scrubbed... Name: 0x1B438BF4.asc Type: application/pgp-keys Size: 21191 bytes Desc: not available URL: <http://lists.linuxfoundation.org/pipermail/bitcoin-dev/attachments/20140423/6ba05543/attachment.bin>