From: Peter Todd <pete@petertodd•org>
To: Bob McElrath <bob_bitcoin@mcelrath•org>
Cc: "Patrick Mccorry \(PGR\)" <patrick.mccorry@newcastle•ac.uk>,
Bitcoin Dev <bitcoin-development@lists•sourceforge.net>
Subject: Re: [Bitcoin-development] New attack identified and potential solution described: Dropped-transaction spam attack against the block size limit
Date: Mon, 8 Jun 2015 18:28:16 -0400 [thread overview]
Message-ID: <20150608222815.GB10819@muck> (raw)
In-Reply-To: <F0732D02-2452-46FC-BBAD-9DFDA95D2EFB@mcelrath.org>
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On Mon, Jun 08, 2015 at 06:06:00PM -0400, Bob McElrath wrote:
> There was this wonderful technology invented a few years ago to deal with spam. It's called Hashcash. All these hacky heuristics like block size are just dancing around the problem, and the natural solution is already present in bitcoin: smaller blocks, (down to the point of individual transactions) each mined. Don't relay things that haven't been mined. As spam or transaction levels go up, mining targets for submission go up too.
You know, you can think of Bitcoin as a system that maintains a ledger
for transferrable hashcash... Which means transaction fees *are* paid in
hashcash.
--
'peter'[:-1]@petertodd.org
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next prev parent reply other threads:[~2015-06-08 22:28 UTC|newest]
Thread overview: 22+ messages / expand[flat|nested] mbox.gz Atom feed top
2015-06-08 0:36 [Bitcoin-development] Block Size Experiment Underway Tom Harding
2015-06-08 20:07 ` [Bitcoin-development] New attack identified and potential solution described: Dropped-transaction spam attack against the block size limit Raystonn .
[not found] ` <AD4A025F-D782-4094-9CBC-EBEF0DD04838@newcastle.ac.uk>
2015-06-08 21:14 ` Raystonn .
2015-06-08 21:33 ` Peter Todd
2015-06-08 21:40 ` [Bitcoin-development] New attack identified and potential solution described: Dropped-transaction spam attack against the blocksize limit Raystonn .
[not found] ` <4A74E0B9-869E-448A-BFC7-7FD2F50F142F@newcastle.ac.uk>
2015-06-08 22:26 ` [Bitcoin-development] New attack identified and potential solution described: Dropped-transaction spam attack against the block size limit Peter Todd
[not found] ` <7E7DF414-6DDB-48A6-9199-D6883209B67D@newcastle.ac.uk>
2015-06-08 21:33 ` Raystonn .
2015-06-08 21:44 ` Peter Todd
2015-06-08 22:01 ` [Bitcoin-development] New attack identified and potential solution described: Dropped-transaction spam attack against the blocksize limit Raystonn .
2015-06-08 22:07 ` Btc Drak
2015-06-08 22:10 ` Raystonn .
2015-06-08 22:18 ` Peter Todd
2015-06-08 22:46 ` Raystonn .
2015-06-08 22:06 ` [Bitcoin-development] New attack identified and potential solution described: Dropped-transaction spam attack against the block size limit Bob McElrath
2015-06-08 22:28 ` Peter Todd [this message]
2015-06-09 9:33 ` Loi Luu
2015-06-09 13:36 ` Gavin Andresen
2015-06-09 14:18 ` Tier Nolan
2015-06-09 17:52 ` Raystonn .
2015-06-09 18:25 ` Gavin Andresen
2015-06-09 19:03 ` Raystonn .
2015-06-20 3:49 ` David Vorick
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