From: Jameson Lopp <jameson.lopp@gmail•com>
To: bitcoin-development@lists•sourceforge.net
Subject: Re: [Bitcoin-development] Monetary Authority for Bitcoin
Date: Mon, 09 Dec 2013 18:23:17 -0500 [thread overview]
Message-ID: <52A650E5.9070801@gmail.com> (raw)
In-Reply-To: <CAJHLa0MXzQoSso+ZdXsNf7nzBe=6tCsq0CNrbF6waFxV2moWiQ@mail.gmail.com>
To piggyback on Jeff,
Any proposal that is going to add reliance upon data from third parties
outside of the Bitcoin network itself is likely going to be rejected
outright. This opens far too many potential vulnerabilities.
"The exchanges that are kept track of could be hard coded into Bitcoin
or the miner could choose, how this works is not something I'm
personally focused on."
Yeah... you can't just gloss over a little detail like that. There must
be consensus between the miners, otherwise a solved block will be
rejected by a miner's peers.
--
Jameson Lopp
Software Engineer
Bronto Software, Inc
On 12/09/2013 06:10 PM, Jeff Garzik wrote:
> On Mon, Dec 9, 2013 at 7:23 PM, Ryan Carboni <ryan.jc.pc@gmail•com> wrote:
>> It is not a violation of the trust of those holding the currency. Many
>> people bought Bitcoin in the hopes that it's value in the relation of other
>> currencies will increase, not because there's a fixed money supply. The
>> majority of people using Bitcoin as a currency in exchange for real goods
>> are using the exchanges.
>
> Your proposal has been met with widespread laughter. Were I not ill
> with the flu, mockery would ensue as well.
>
next prev parent reply other threads:[~2013-12-09 23:23 UTC|newest]
Thread overview: 15+ messages / expand[flat|nested] mbox.gz Atom feed top
2013-12-09 22:01 Ryan Carboni
2013-12-09 22:06 ` Gavin Andresen
2013-12-10 1:19 ` Ryan Carboni
2013-12-10 4:05 ` Rick Wesson
[not found] ` <20131209221130.GA22556@shavo.dd-wrt>
2013-12-09 22:23 ` Ryan Carboni
2013-12-09 22:57 ` Mike Caldwell
2013-12-10 8:19 ` Wladimir
2013-12-09 23:10 ` Jeff Garzik
2013-12-09 23:23 ` Jameson Lopp [this message]
2013-12-10 1:16 ` Allen Piscitello
2013-12-10 1:20 ` Ryan Carboni
2013-12-10 12:38 ` Jorge Timón
2013-12-11 0:07 ` Baz
2013-12-11 1:01 ` Jeff Garzik
2013-12-10 1:22 ` kjj
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