From: Gregory Maxwell <gmaxwell@gmail•com>
To: Drak <drak@zikula•org>
Cc: Bitcoin Development <bitcoin-development@lists•sourceforge.net>
Subject: Re: [Bitcoin-development] Possible Solution To SM Attack
Date: Tue, 5 Nov 2013 15:06:52 -0800 [thread overview]
Message-ID: <CAAS2fgTofL7ura17KjUR5pL_fOOM=a0gdZTZ7seVMRPOPi66xw@mail.gmail.com> (raw)
In-Reply-To: <CANAnSg2sUfRH0mYEir_XKUz-iOYRpdzNgM-AJ7t-H=SOa4wBig@mail.gmail.com>
On Tue, Nov 5, 2013 at 2:15 PM, Drak <drak@zikula•org> wrote:
> If I understand the issue properly, this seems like a pretty elegant
> solution: if two blocks are broadcast within a certain period of eachother,
> chose the lower target. That's a provable fair way of randomly choosing the
> winning block and would seem like a pretty simply patch.
uh. and so when my solution is, by chance, unusually low... I am
incentivized to hurry up and release my block because?
I've simulated non-first-block-heard strategies in the past (in the
two nearly tied miner with network latency model) and they result in
significant increase in large (e.g. >>6 block) reorgs). It's easy to
make convergence worse or to create additional perverse incentives.
next prev parent reply other threads:[~2013-11-05 23:07 UTC|newest]
Thread overview: 9+ messages / expand[flat|nested] mbox.gz Atom feed top
2013-11-05 20:51 colj
2013-11-05 22:07 ` Quinn Harris
2013-11-05 23:03 ` Drak
2013-11-06 0:26 ` Quinn Harris
2013-11-05 22:15 ` Drak
2013-11-05 23:06 ` Gregory Maxwell [this message]
2013-11-05 23:44 ` Drak
2013-11-06 0:00 ` Gavin Andresen
2013-11-06 0:37 ` rob.golding
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