From: Andrew Lapp <lapp0@purdue•edu>
To: bitcoin-dev@lists•linuxfoundation.org
Subject: Re: [bitcoin-dev] A Proposed Compromise to the Block Size Limit
Date: Sun, 28 Jun 2015 15:22:53 -0400 [thread overview]
Message-ID: <5590498D.6010406@purdue.edu> (raw)
In-Reply-To: <CABsx9T3PaBcYkXWyn=TmCROn61CGkEYD9qxob6hKGdD3sy-SyQ@mail.gmail.com>
I don't mind a set of central authorities being part of an option IF the
central authority doesn't need to be trusted. On the blockchain, the
larger miner is, the more you have to trust them to not collude with
anyone to reverse your payments or destroy the trust in the system in
some attack. On the Lightning network, a large hub can't steal my money.
I think most people share the sentiment that trustlessness is what
matters and decentralization is just a synonym for trustlessness when
talking about the blockchain and mining, however decentralization isn't
necessarily synonymous with trustlessness nor is centralization
synonymous with trust-requiring when you're talking about something else.
-Andrew Lapp
On 06/28/2015 01:29 PM, Gavin Andresen wrote:
> I can see how payment channels would work between big financial
> institutions as a settlement layer, but isn't that exactly the
> centralization concern that is making a lot of people worried about
> increasing the max block size?
next prev parent reply other threads:[~2015-06-28 19:37 UTC|newest]
Thread overview: 43+ messages / expand[flat|nested] mbox.gz Atom feed top
2015-06-28 5:34 Raystonn
2015-06-28 10:07 ` Adam Back
2015-06-28 10:29 ` Benjamin
2015-06-28 12:37 ` Adam Back
2015-06-28 16:32 ` Raystonn .
2015-06-28 17:12 ` Mark Friedenbach
2015-06-28 17:18 ` Benjamin
2015-06-28 17:29 ` Gavin Andresen
2015-06-28 17:45 ` Mark Friedenbach
2015-06-28 17:51 ` Adam Back
2015-06-28 18:58 ` Adam Back
2015-06-28 21:05 ` Gavin Andresen
2015-06-28 21:23 ` Michael Naber
2015-06-28 22:07 ` Adam Back
2015-06-29 0:59 ` Eric Lombrozo
2015-06-29 1:13 ` Eric Lombrozo
2015-06-29 1:45 ` Andy Schroder
2015-06-30 0:42 ` Tom Harding
2015-07-10 2:55 ` Tom Harding
2015-06-28 17:53 ` Jorge Timón
2015-06-28 19:22 ` Andrew Lapp [this message]
2015-06-28 19:40 ` Benjamin
2015-06-28 12:32 ` Milly Bitcoin
-- strict thread matches above, loose matches on Subject: below --
2015-06-27 14:39 Michael Naber
2015-06-27 15:21 ` Peter Todd
2015-06-27 15:29 ` Randi Joseph
2015-06-27 15:32 ` Peter Todd
2015-06-27 16:19 ` Michael Naber
2015-06-27 17:20 ` Peter Todd
2015-06-27 17:26 ` Benjamin
2015-06-27 17:37 ` Peter Todd
2015-06-27 17:46 ` Benjamin
2015-06-27 17:54 ` Peter Todd
2015-06-27 17:58 ` Venzen Khaosan
2015-06-27 19:34 ` Benjamin
2015-06-27 15:33 ` Adam Back
2015-06-27 16:09 ` Michael Naber
2015-06-27 16:28 ` Mark Friedenbach
2015-06-27 16:37 ` Peter Todd
2015-06-27 17:25 ` Michael Naber
2015-06-27 17:34 ` Peter Todd
2015-06-27 18:02 ` Jameson Lopp
2015-06-27 18:47 ` Peter Todd
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