Don't you mean profits instead of revenue? On Aug 21, 2015 5:01 PM, "Peter Todd via bitcoin-dev" < bitcoin-dev@lists.linuxfoundation.org> wrote: > > On Fri, Aug 21, 2015 at 04:16:39PM -0700, Tom Harding wrote: > > On 8/21/2015 3:21 PM, Peter Todd wrote: > > > To use a car analogy, Pieter Wuille has shown that the brake cylinders > > > have a fatigue problem, and if used in stop-and-go traffic regularly > > > they'll fail during heavy braking, potentially killing someone. You've > > > countered with a study of highway driving, showing that if the car is > > > only used on the highway the brakes have no issues, claiming that the > > > car design is perfectly safe. > > > > No. If we must play the analogy game, it was found that the car crashes > > when the brakes are bad (minority hash power partitioned) the radio is > > on (partitioned miners had small individual hashrate). > > > > I checked the scenario where only the radio is on, and found the car > > does not crash. > > Incidentally, what's your acceptable revenue difference between a small > (1% hashing power) and large (%30 hashing power) miner, all else being > equal? (remember that we shouldn't preclude variance reduction > techniques such as p2pool and pooled-solo mode) > > Equally, what kind of attacks on miners do you think we need to be able to > resist? E.g. DoS attacks, hacking, etc. > > That would let me know if you're definition of "the brakes are bad" > corresponds to normal usage, or something that's not reasonable to > design for. > > -- > 'peter'[:-1]@petertodd.org > 00000000000000000402fe6fb9ad613c93e12bddfc6ec02a2bd92f002050594d > > _______________________________________________ > bitcoin-dev mailing list > bitcoin-dev@lists.linuxfoundation.org > https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev >