* [bitcoin-dev] Multi-hash mining with Bitcoin holder voting
@ 2017-03-25 19:41 Nathan Cook
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From: Nathan Cook @ 2017-03-25 19:41 UTC (permalink / raw)
To: Bitcoin Protocol Discussion
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Further to recent posts to this list concerning mining with more than one
hash function, Adam Perlow and me have a (longish) proposal/analysis on
combining multi-hash with bitcoin stake voting on what the mix of hashes
should be. Two novelties are:
* Targeting a ratio of blocks mined under each hash function, in a similar
way to difficulty targeting.
* Analysis of voting on this ratio in terms of "voting on a simplex", using
extant research to choose a good method of doing so.
One point about mining under multiple hashes is that it offers existing
miners a way back in after a contentious hard fork. Shame to waste all that
hardware…
Read at
http://topynate.net/wp-content/uploads/2017/03/proportionateresponse.pdf
(archived at http://www.webcitation.org/6pEZLlZoW)
Nathan Cook
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2017-03-25 19:41 [bitcoin-dev] Multi-hash mining with Bitcoin holder voting Nathan Cook
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