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From: Patrick Strateman <patrick.strateman@gmail•com>
To: bitcoin-dev@lists•linuxfoundation.org
Subject: Re: [bitcoin-dev] Scaling by Partitioning
Date: Tue, 8 Dec 2015 12:50:08 -0800	[thread overview]
Message-ID: <56674280.3010003@gmail.com> (raw)
In-Reply-To: <CABCnA7Wqz76m8qo5BYT41Z=hBH+fUfOc4xsFAGg=Niv7Jgkqsg@mail.gmail.com>

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Payment recipients would need to operate a daemon for each chain, thus
guaranteeing no scaling advantage.

(There are other issues, but I believe that to be enough of a show
stopper not to continue).

On 12/08/2015 08:27 AM, Akiva Lichtner via bitcoin-dev wrote:
> Hello,
>
> I am seeking some expert feedback on an idea for scaling Bitcoin. As a
> brief introduction: I work in the payment industry and I have twenty
> years' experience in development. I have some experience with process
> groups and ordering protocols too. I think I understand Satoshi's
> paper but I admit I have not read the source code.
>
> The idea is to run more than one simultaneous chain, each chain
> defeating double spending on only part of the coin. The coin would be
> partitioned by radix (or modulus, not sure what to call it.) For
> example in order to multiply throughput by a factor of ten you could
> run ten parallel chains, one would work on coin that ends in "0", one
> on coin that ends in "1", and so on up to "9".
>
> The number of chains could increase automatically over time based on
> the moving average of transaction volume.
>
> Blocks would have to contain the number of the partition they belong
> to, and miners would have to round-robin through partitions so that an
> attacker would not have an unfair advantage working on just one partition.
>
> I don't think there is much impact to miners, but clients would have
> to send more than one message in order to spend money. Client messages
> will need to enumerate coin using some sort of compression, to save
> space. This seems okay to me since often in computing client software
> does have to break things up in equal parts (e.g. memory pages, file
> system blocks,) and the client software could hide the details.
>
> Best wishes for continued success to the project.
>
> Regards,
> Akiva
>
> P.S. I found a funny anagram for SATOSHI NAKAMOTO: "NSA IS OOOK AT MATH"
>
>
>
> _______________________________________________
> bitcoin-dev mailing list
> bitcoin-dev@lists•linuxfoundation.org
> https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev


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  parent reply	other threads:[~2015-12-08 20:49 UTC|newest]

Thread overview: 16+ messages / expand[flat|nested]  mbox.gz  Atom feed  top
2015-12-08 16:27 Akiva Lichtner
2015-12-08 16:45 ` Bryan Bishop
2015-12-08 18:30   ` Akiva Lichtner
2015-12-08 20:50 ` Patrick Strateman [this message]
2015-12-08 21:23   ` Akiva Lichtner
2015-12-08 21:29     ` Patrick Strateman
2015-12-08 21:41       ` Akiva Lichtner
2015-12-09  6:30 ` Loi Luu
2015-12-09 18:26   ` Akiva Lichtner
2015-12-09 21:16     ` Loi Luu
2015-12-10  4:04       ` Akiva Lichtner
2015-12-09 22:35   ` Andrew
2015-12-10  3:58     ` Akiva Lichtner
2015-12-10  4:31       ` Bryan Bishop
2015-12-10  4:08     ` Dave Scotese
2015-12-10  4:14       ` Dave Scotese

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