From: Alex Mizrahi <alex.mizrahi@gmail•com>
To: Gregory Maxwell <gmaxwell@gmail•com>
Cc: Bitcoin Development <bitcoin-development@lists•sourceforge.net>
Subject: Re: [Bitcoin-development] Fwd: death by halving
Date: Tue, 28 Oct 2014 22:57:56 +0200 [thread overview]
Message-ID: <CAE28kUSqqcsMJArK29nG+UCiTX9buiJbQoMb30-oH-G=eFxrnQ@mail.gmail.com> (raw)
In-Reply-To: <CAAS2fgRjwg_XyvzHbMhmaiW85LmmsW3YiXHyhpKMHd2a03pH2Q@mail.gmail.com>
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> This thread is, in my opinion, a waste of time. It's yet again
> another perennial bikeshedding proposal brought up many times since at
> least 2011, suggesting random changes for
> non-existing(/not-yet-existing) issues.
>
> There is a lot more complexity to the system than the subsidy schedule.
>
Well, the main question is what makes Bitcoin secure.
It is secured by proofs of work which are produced by miners.
Miners have economic incentives to play by the rules; in simple terms, that
is more profitable than performing attacks.
So the question is, why and when it works? It would be nice to know the
boundaries, no?
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next prev parent reply other threads:[~2014-10-28 20:58 UTC|newest]
Thread overview: 29+ messages / expand[flat|nested] mbox.gz Atom feed top
2014-10-25 18:06 [Bitcoin-development] " Alex Mizrahi
2014-10-25 18:12 ` Jeff Garzik
2014-10-25 18:22 ` Alex Mizrahi
2014-10-25 18:31 ` Jeff Garzik
2014-10-25 19:08 ` Alex Mizrahi
2014-10-25 19:16 ` Gavin Andresen
2014-10-25 19:53 ` Alex Mizrahi
2014-10-25 21:50 ` Melvin Carvalho
2014-10-28 20:17 ` Ferdinando M. Ametrano
[not found] ` <CAAS2fgSiz-XRVQ4V+KbrTUWG4=g=WGf8c-pF4b4fFnfyU9HOqQ@mail.gmail.com>
2014-10-28 20:36 ` [Bitcoin-development] Fwd: " Gregory Maxwell
2014-10-28 20:57 ` Alex Mizrahi [this message]
2014-10-28 21:19 ` Jérémie Dubois-Lacoste
2014-10-28 21:43 ` Gregory Maxwell
2014-10-28 22:43 ` Ferdinando M. Ametrano
2014-10-29 14:34 ` [Bitcoin-development] Death by halving (pro-active proposals) Sergio Lerner
2014-10-29 17:25 ` Jeff Garzik
2014-10-28 21:23 ` [Bitcoin-development] Fwd: death by halving Ferdinando M. Ametrano
2014-10-28 21:34 ` Neil
2014-10-28 21:44 ` Ferdinando M. Ametrano
2014-10-28 22:00 ` Thomas Zander
2014-10-28 22:38 ` Ferdinando M. Ametrano
2014-10-28 21:57 ` Christophe Biocca
2014-10-25 20:27 ` [Bitcoin-development] " Adam Back
2014-10-25 20:43 ` Thomas Zander
2014-10-25 20:28 ` Thomas Zander
2014-10-25 20:49 ` Alex Mizrahi
2014-10-25 21:51 ` Alexander Leishman
2014-10-25 22:10 ` Ross Nicoll
2014-10-25 22:42 ` Melvin Carvalho
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