From: Isidor Zeuner <cryptocurrencies@quidecco•de>
To: "Jorge Timón" <jtimon@monetize•io>
Cc: Bitcoin Dev <bitcoin-development@lists•sourceforge.net>,
Lawrence Nahum <lawrence@greenaddress•it>
Subject: Re: [Bitcoin-development] instant confirmation via payment protocol backwards compatible proto buffer extension
Date: Tue, 17 Jun 2014 17:58:45 +0200 (CEST) [thread overview]
Message-ID: <20140617155845.453D5DFC485@quidecco.de> (raw)
In-Reply-To: <CAC1+kJNEUzJGLmMT+ocsS6pDwEpWq8OchHQ+zTZoQtVFTK6ERQ@mail.gmail.com>
quote:
> On 6/16/14, Mike Hearn <mike@plan99•net> wrote:
> > If they decide to change to something like highest-fee-always-wins, then
> > they (again) centralise things by forcing all instant transactions to pay
> > GreenAddress and its competitors money - much though I like your product
> > Lawrence, let's hope they don't collectively lemming us all off a cliff by
> > doing that ;)
>
> Replace-by-fee doesn't imply the use of green addresses (there's other
> solutions to 0 conf transactions in that context, for example,
> "scorched earth"). And giving up the non-enforceable first-seen
> default mining policy doesn't mean "giving up on the Bitcoin
> experiment" either.
>
If something means "giving up on the Bitcoin experiment", then for
sure it's not one mining policy or another, but the assumption
that we should have one uniform mining policy. If we had a community
where enough miners had their own opinion about the best mining
policy, and expressed it by choosing an appropriate mining pool, then
we would have better decentralized mining based on selfish motives of
the miners, rather than based on an abstract thought of
"centralization is bad, so I will consider how much mining profit
from qualitatively interchangable mining pools I'm willing to
sacrifice in order to ease my centralization fears".
Best regards,
Isidor
next prev parent reply other threads:[~2014-06-17 15:58 UTC|newest]
Thread overview: 46+ messages / expand[flat|nested] mbox.gz Atom feed top
2014-06-14 12:00 Lawrence Nahum
2014-06-14 12:57 ` Andreas Schildbach
2014-06-15 9:22 ` Lawrence Nahum
2014-06-15 12:46 ` Andreas Schildbach
2014-06-15 14:09 ` Lawrence Nahum
2014-06-18 12:09 ` Lawrence Nahum
2014-06-18 13:25 ` Mike Hearn
2014-06-18 15:59 ` Daniel Rice
2014-06-18 16:09 ` Mike Hearn
2014-06-19 17:36 ` Daniel Rice
2014-06-25 14:01 ` sebastien requiem
2014-06-16 12:19 ` Mike Hearn
2014-06-16 12:25 ` Mike Hearn
2014-06-16 15:09 ` Daniel Rice
2014-06-16 15:26 ` Lawrence Nahum
2014-06-16 16:00 ` Daniel Rice
2014-06-16 16:07 ` Mike Hearn
2014-06-16 15:41 ` Paul Goldstein
2014-06-16 15:48 ` Mike Hearn
2014-06-16 16:30 ` Lawrence Nahum
2014-06-16 16:45 ` Mike Hearn
2014-06-16 16:56 ` Lawrence Nahum
2014-06-16 17:01 ` Mike Hearn
2014-06-16 17:16 ` Lawrence Nahum
2014-06-16 18:02 ` Alex Kotenko
2014-06-16 18:09 ` Mike Hearn
2014-06-16 20:29 ` Daniel Rice
2014-06-16 20:32 ` Mike Hearn
2014-06-16 20:37 ` Daniel Rice
2014-06-16 20:46 ` Mike Hearn
2014-06-16 20:53 ` Daniel Rice
2014-06-16 20:55 ` Mike Hearn
2014-06-16 20:50 ` [Bitcoin-development] Fidelity bonds for decentralized instant confirmation guarantees Peter Todd
2014-06-16 21:02 ` [Bitcoin-development] instant confirmation via payment protocol backwards compatible proto buffer extension Daniel Rice
2014-06-16 20:32 ` Alex Kotenko
2014-06-16 17:44 ` Jorge Timón
2014-06-17 15:58 ` Isidor Zeuner [this message]
2014-06-18 1:39 ` Tom Harding
2014-06-17 15:58 ` Isidor Zeuner
2014-06-18 9:15 ` Mike Hearn
2014-06-18 20:47 ` Natanael
2014-06-18 2:01 ` Tom Harding
2014-06-16 15:28 ` Lawrence Nahum
2014-06-16 15:43 ` Mike Hearn
2014-06-16 17:05 ` Lawrence Nahum
2014-06-16 8:53 Daniel Rice
Reply instructions:
You may reply publicly to this message via plain-text email
using any one of the following methods:
* Save the following mbox file, import it into your mail client,
and reply-to-all from there: mbox
Avoid top-posting and favor interleaved quoting:
https://en.wikipedia.org/wiki/Posting_style#Interleaved_style
* Reply using the --to, --cc, and --in-reply-to
switches of git-send-email(1):
git send-email \
--in-reply-to=20140617155845.453D5DFC485@quidecco.de \
--to=cryptocurrencies@quidecco$(echo .)de \
--cc=bitcoin-development@lists$(echo .)sourceforge.net \
--cc=jtimon@monetize$(echo .)io \
--cc=lawrence@greenaddress$(echo .)it \
/path/to/YOUR_REPLY
https://kernel.org/pub/software/scm/git/docs/git-send-email.html
Be sure your reply has a Subject: header at the top and a blank line
before the message body.
This is a public inbox, see mirroring instructions
for how to clone and mirror all data and code used for this inbox