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From: "Jorge Timón" <jtimon@jtimon•cc>
To: Bitcoin Dev <bitcoin-dev@lists•linuxfoundation.org>,
	 Sergio Demian Lerner <sergio.d.lerner@gmail•com>
Subject: Re: [bitcoin-dev] The use OP_COUNT_ACKS for paying for a common good for miners
Date: Mon, 3 Oct 2016 08:17:25 +0200	[thread overview]
Message-ID: <CABm2gDpA=uOw7g-ARn3QoDPj1jRSyjsADsZmTvV2cfx97Q5RWw@mail.gmail.com> (raw)
In-Reply-To: <CAKzdR-r1mFZidZXDSmwVtHZ-KKPwsjZOHZycqR+H+KUBGBFydQ@mail.gmail.com>

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When would miners vote no to receive more funds?
Also, why would they spend the funds buying X once they get them?

On Oct 3, 2016 00:58, "Sergio Demian Lerner via bitcoin-dev" <
bitcoin-dev@lists•linuxfoundation.org> wrote:

> One side benefit of OP_COUNT_ACKS is that it enables a completely
> different use case:
>
> It allow users to pay for any service miners can provide as group for the
> common good (e.g. fee payment smoothing over many blocks). For instance,
> users could pay miners to jointly buy better Internet service to improve
> bandwidth or reduce latency between them.
>
> By sending bitcoins to a script containing OP_COUNT_ACKS requiring 51% of
> miners approval and adding a special text tag to such outputs such as
> "FOR-MINERS-TO-BUY-X", users can send bitcoins to miners and ask the
> majority of them to vote on the proposal, if accepted create a transaction
> to redeem those funds. This could help to address the so-called tragedy of
> the commons problem that Bitcoin may face in in long-term, by users
> crowdfunding mining of the following n blocks.
>
>
> _______________________________________________
> bitcoin-dev mailing list
> bitcoin-dev@lists•linuxfoundation.org
> https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev
>
>

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      reply	other threads:[~2016-10-03  6:17 UTC|newest]

Thread overview: 2+ messages / expand[flat|nested]  mbox.gz  Atom feed  top
2016-10-02 22:57 Sergio Demian Lerner
2016-10-03  6:17 ` Jorge Timón [this message]

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