From: Peter Todd <pete@petertodd•org>
To: Gavin Andresen <gavinandresen@gmail•com>,
Gavin Andresen via bitcoin-dev
<bitcoin-dev@lists•linuxfoundation.org>,
Dave Hudson <dave@hashingit•com>
Cc: Bitcoin Dev <bitcoin-dev@lists•linuxfoundation.org>
Subject: Re: [bitcoin-dev] "A Transaction Fee Market Exists Without a Block Size Limit"--new research paper suggests
Date: Tue, 04 Aug 2015 21:46:22 +0000 [thread overview]
Message-ID: <3E3C6C76-DF1F-4F06-A01F-4E126B70C8F2@petertodd.org> (raw)
In-Reply-To: <CABsx9T0yad_2NOYEdrJbqX48wCvuQiYb=zP1eC3YwOCc1ODN9w@mail.gmail.com>
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On 4 August 2015 17:30:28 GMT-04:00, Gavin Andresen via bitcoin-dev <bitcoin-dev@lists•linuxfoundation.org> wrote:
>On Tue, Aug 4, 2015 at 2:41 PM, Dave Hudson via bitcoin-dev <
>bitcoin-dev@lists•linuxfoundation.org> wrote:
>
>> Fundamentally a block maker (pool or aggregation of pools) does not
>orphan
>> its own blocks.
>
>
>Unless the block maker has an infinitely fast connection to it's
>hashpower
>OR it's hashpower is not parallelized at all, that's not strictly true
>--
>it WILL orphan its own blocks because two hashing units will find
>solutions
>in the time it takes to communicate that solution to the block maker
>and to
>the rest of the hashing units.
>
>That's getting into "how many miners can dance on the head of a pin"
>territory, though. I don't think we know whether the communication
>advantages of putting lots of hashing power physically close together
>will
>outweigh the extra cooling costs of doing that (or maybe some other
>tradeoff I haven't thought of). That would be a fine topic for another
>paper....
I'd suggest you do more research into how Bitcoin and mining works as the above has a number of serious misunderstandings.
Or, I could just point out the obvious rather than try to be polite: you know exactly why the above makes no sense as a reply to this thread and are deliberately lying.
If the situation is the latter, your conduct is toxic to the development mailing list discussion, not to mention a waste of all our time, and you should leave.
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next prev parent reply other threads:[~2015-08-04 21:46 UTC|newest]
Thread overview: 29+ messages / expand[flat|nested] mbox.gz Atom feed top
2015-08-03 15:22 [bitcoin-dev] Eli Dourado on "governance" Gavin Andresen
[not found] ` <1438640036.2828.0.camel@auspira.com>
2015-08-03 22:21 ` Gavin Andresen
2015-08-04 6:40 ` [bitcoin-dev] "A Transaction Fee Market Exists Without a Block Size Limit"--new research paper suggests Peter R
2015-08-04 18:41 ` Dave Hudson
2015-08-04 21:18 ` Peter Todd
2015-08-04 21:30 ` Gavin Andresen
2015-08-04 21:46 ` Peter Todd [this message]
2015-08-05 0:26 ` Milly Bitcoin
2015-08-05 0:40 ` Neil Fincham
2015-08-04 23:37 ` Dave Hudson
2015-08-05 22:15 ` Peter R
2015-08-05 22:44 ` Dave Hudson
2015-08-05 23:45 ` Tom Harding
2015-08-05 8:33 ` Benjamin
2015-08-05 9:18 ` Hector Chu
2015-08-05 9:57 ` Adam Back
2015-08-05 10:51 ` Hector Chu
2015-08-05 11:07 ` Adam Back
2015-08-05 11:35 ` Hector Chu
2015-08-05 19:04 ` Hector Chu
2015-08-05 10:26 ` Peter R
[not found] ` <CAAS2fgTzeFnmnr2ScZvf1pDUtF+M3HhF9xo0yhjVPObpqhgz0A@mail.gmail.com>
[not found] ` <6ED57388-6EC3-4515-BF3F-E753301537AB@gmx.com>
[not found] ` <CAAS2fgRoFna4i-d=hpmz-CpV35VQ=J1aEoTTT6B1oD4f15C1KA@mail.gmail.com>
[not found] ` <C8B38FEC-0EF2-483F-9E53-43AB937455A0@gmx.com>
[not found] ` <CAAS2fgQjXNTi9Y_YwLg2dR8baYZhvmEjw43ictt749zR2AOEWw@mail.gmail.com>
[not found] ` <6FED5604-4A6F-4CE1-B42E-36626375D557@gmx.com>
[not found] ` <CAAS2fgQ7hRRvRtD8igcZ2aWBmnqre6iM27peCFGxgC8ODb9jgw@mail.gmail.com>
[not found] ` <6BA86443-7534-4AAA-92BC-EC9B1603DE5F@gmx.com>
[not found] ` <CAAS2fgTTZKD9LQHpMmEH0OU=T8Ta7cCaavWzhM1yQ68-MAT8UQ@mail.gmail.com>
[not found] ` <27B16AB4-0DAD-4665-BF08-7A0C0A70D8D8@gmx.com>
[not found] ` <CAAS2fgRm_CSmWgr7CGmBUD0nX+V0fJ8N4TQN01Vchgip9-s6uQ@mail.gmail.com>
[not found] ` <CAAS2fgT+DP+DaoCMG276uF4=Yoi-w40YyNP-RDRG7NQgOmtpGw@mail.gmail.com>
[not found] ` <CAEgR2PGn_SER18sMuKPJJz5RT=1K=346eCm ph5FJQhhoLcV1zw@mail.gmail.com>
[not found] ` <CAEgR2PGn_SER18sMuKPJJz5RT=1K=346eCmph5FJQhhoLcV1zw@mail.gmail.com>
2015-08-30 20:08 ` Peter R
2015-08-30 21:02 ` Daniele Pinna
2015-08-04 14:22 ` [bitcoin-dev] Eli Dourado on "governance" Anthony Towns
2015-08-04 18:28 ` Owen
2015-08-05 3:07 ` Eric Lombrozo
2015-08-05 6:32 ` Mashuri Clark
2015-08-05 13:28 ` Mashuri Clark
2015-08-07 16:26 ` Thomas Zander
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