From: Peter Todd <pete@petertodd•org>
To: Evan Duffield <eduffield82@gmail•com>
Cc: bitcoin-development@lists•sourceforge.net
Subject: Re: [Bitcoin-development] Looking for GREAT C++ developer for exciting opportunity in bitcoin space
Date: Mon, 30 Dec 2013 18:22:25 -0500 [thread overview]
Message-ID: <20131230232225.GA10594@tilt> (raw)
In-Reply-To: <CAMkFLsSwKEiEtV1OaAsGPiU8iAWbb77fDNJDmRwbgKnZ_kjG6Q@mail.gmail.com>
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On Sun, Dec 29, 2013 at 11:53:19AM -0700, Evan Duffield wrote:
> Hello,
>
> We’re a startup looking for 1 or 2 really good C++ programmer that is
> familiar with the bitcoin internals to help with a for-profit startup.
>
> We will be able to provide more information about the project after signing
> a non-compete/non-disclosure agreement. Our coin will be one of the truly
> unique coins that are not just a clone of the original Bitcoin code. In
> short the project will be a merge-mined altcoin that will provide a very
> useful service to the whole crypto-coin ecosystem.
I would strongly suggest that if you have not done so already you hire
someone competent to do an analysis of whether or not your idea makes
sense at all; that you are using merge-mining is a red-flag because
without majority, or at least near-majority, hashing power an attacker
can 51% attack your altcoin at negligible cost by re-using existing
hashing power. If you are starting a timestamping service that may be an
exception, but how to turn a profit doing so is non-obvious.
I would offer that consulting myself, but it would likely be a conflict
of interest with my employers. I'd be happy to speak informally in
private, but am explicitly unwilling to agree to any
non-compete/non-disclosure terms.
--
'peter'[:-1]@petertodd.org
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next prev parent reply other threads:[~2013-12-30 23:23 UTC|newest]
Thread overview: 26+ messages / expand[flat|nested] mbox.gz Atom feed top
2013-12-29 18:53 Evan Duffield
2013-12-29 19:27 ` Matt Corallo
2013-12-30 23:22 ` Peter Todd [this message]
2013-12-31 1:14 ` Luke-Jr
2013-12-31 7:28 ` [Bitcoin-development] Merge mining Jeremy Spilman
2013-12-31 7:38 ` rob.golding
2014-01-04 8:49 ` David Vorick
2014-01-04 10:05 ` Jorge Timón
2014-01-04 10:08 ` David Vorick
2014-01-04 10:34 ` Jorge Timón
2014-01-01 4:53 ` [Bitcoin-development] The insecurity of merge-mining Peter Todd
2014-01-01 5:09 ` Luke-Jr
2014-01-01 5:25 ` Peter Todd
2014-01-03 19:14 ` Jorge Timón
2014-01-03 21:01 ` Peter Todd
2014-01-04 0:27 ` Jorge Timón
2014-01-06 15:44 ` Peter Todd
2014-01-09 17:19 ` Jorge Timón
2014-01-10 11:11 ` Peter Todd
2014-01-10 11:25 ` Peter Todd
2014-01-10 12:37 ` Jorge Timón
2014-01-10 12:29 ` Jorge Timón
2014-01-10 17:22 ` Peter Todd
2014-01-10 18:50 ` Jorge Timón
2014-01-03 5:11 ` [Bitcoin-development] Looking for GREAT C++ developer for exciting opportunity in bitcoin space Troy Benjegerdes
2013-12-29 19:10 Jérémie Dubois-Lacoste
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