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From: Peter Todd <pete@petertodd•org>
To: Antoine Riard <antoine.riard@gmail•com>,
	Bitcoin Protocol Discussion
	<bitcoin-dev@lists•linuxfoundation.org>
Cc: lisa neigut <niftynei@gmail•com>
Subject: Re: [bitcoin-dev] death to the mempool, long live the mempool
Date: Wed, 27 Oct 2021 16:01:51 -0400	[thread overview]
Message-ID: <20211027200151.GC5674@petertodd.org> (raw)
In-Reply-To: <CALZpt+E_47wmDg3Z2N5=z5x3cca5vSxP6fgYzMK_pybwp1161g@mail.gmail.com>

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On Tue, Oct 26, 2021 at 07:44:45PM -0400, Antoine Riard via bitcoin-dev wrote:
> Such a list of endpoints couldn't be static otherwise it's an artificial
> barrier to enter in the mining competition, and as such a centralization
> vector. Dynamic, trust-minimized discovery of the mining endpoints assumes
> an address-relay network, of which the robustness must be high enough
> against sophisticated sybil attacks. One current defense mechanism in core
> to achieve that is selecting outbound peers based in different /16 subnets
> as it's harder for an attacker to obtain IP addresses. Replicating this
> mechanism for the mining endpoints binds the mining topology to the
> Internet one, which is downgrading the mining competition.

I think a really simple way to put it is if we didn't have the mempool, it'd be
good to create a free service that got transactions to miners in an equal
opportunity, decentralized, way. A simple flood fill scheme would be a great
way to do that... at which point you've re-invented the mempool.

Nothing wrong with people running nodes that opt-out of transaction
broadcasting, and it may even make sense for such nodes to preferentially peer
with each other. But there's always going to be a need for a scheme like the
existing mempool, so might as well just keep it.

-- 
https://petertodd.org 'peter'[:-1]@petertodd.org

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  reply	other threads:[~2021-10-27 20:18 UTC|newest]

Thread overview: 14+ messages / expand[flat|nested]  mbox.gz  Atom feed  top
2021-10-26  2:56 lisa neigut
2021-10-26  8:02 ` ZmnSCPxj
2021-10-26  8:31   ` eric
2021-10-26  8:56     ` ZmnSCPxj
2021-10-26 14:09 ` darosior
2021-10-26 16:38   ` ZmnSCPxj
2021-10-26 16:26 ` Pieter Wuille
2021-10-26 18:16 ` Gloria Zhao
2021-10-28  1:04   ` ZmnSCPxj
2021-11-03 10:12     ` ZmnSCPxj
2021-10-26 23:44 ` Antoine Riard
2021-10-27 20:01   ` Peter Todd [this message]
2021-10-27  8:44 ` LORD HIS EXCELLENCY JAMES HRMH
2021-10-27 23:05 ` yanmaani

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