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From: Mike Hearn <mike@plan99•net>
To: Justus Ranvier <justusranvier@gmail•com>
Cc: Bitcoin Dev <bitcoin-development@lists•sourceforge.net>
Subject: Re: [Bitcoin-development] Coinbase reallocation to discourage Finney attacks
Date: Wed, 23 Apr 2014 19:57:20 +0200	[thread overview]
Message-ID: <CANEZrP3JV2sCK7-4P40wh9EXQfn2GCc3D=095wCo75Wh0LvMBQ@mail.gmail.com> (raw)
In-Reply-To: <5357FD32.40200@gmail.com>

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>
> Non-developers are more comfortable using social media tools. Blog
> posts can be shared, Tweeted, and commented upon using nothing more
> than a web browser.
>

I don't think Twitter is an appropriate medium for discussing the details
of byzantine consensus algorithms.

I'm not going to bother arguing in replies to a blog post. Suffice it to
say, miners are already handsomely compensated via both inflation and fees
for doing their job of preventing double spends. Your suggestion is people
should pay them EVEN MORE for simply not being corrupt. My proposal is
simpler - how about we find the ones that are claiming people's money via
coinbases yet not doing their jobs correctly, and take the money back (or
destroy it). I think I prefer that one. Miners that are maliciously double
spending cannot justify their existence, they offer no useful service and
do not deserve compensation as a result.

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  reply	other threads:[~2014-04-23 17:57 UTC|newest]

Thread overview: 90+ messages / expand[flat|nested]  mbox.gz  Atom feed  top
2014-04-23  7:55 Mike Hearn
2014-04-23  9:57 ` Andy Parkins
2014-04-23 11:07   ` Mike Hearn
2014-04-23 11:39     ` Andy Parkins
2014-04-23 11:45       ` Mike Hearn
2014-04-23 13:21         ` Andy Parkins
2014-04-23 13:31           ` Mike Hearn
2014-04-24  9:21             ` Andy Parkins
2014-04-23 12:43 ` Christophe Biocca
2014-04-23 12:51   ` Mike Hearn
2014-04-23 14:52 ` Justus Ranvier
2014-04-23 15:07   ` Mike Hearn
2014-04-23 17:19     ` Justus Ranvier
2014-04-23 17:47       ` Gavin Andresen
2014-04-23 17:49         ` Justus Ranvier
2014-04-23 17:57           ` Mike Hearn [this message]
2014-04-23 18:04             ` Justus Ranvier
2014-04-23 18:15               ` Peter Todd
2014-04-23 18:20                 ` Justus Ranvier
2014-04-23 18:37                   ` Mike Hearn
2014-04-23 18:49                     ` Justus Ranvier
2014-04-23 19:01                       ` Drak
2014-04-23 18:58                     ` Tier Nolan
2014-04-23 15:04 ` Alex Mizrahi
2014-04-23 15:09   ` Mike Hearn
2014-04-23 15:38     ` Alex Mizrahi
2014-04-23 16:04       ` Christophe Biocca
2014-04-23 16:19         ` Chris Pacia
2014-04-23 16:21         ` Mike Hearn
2014-04-23 16:33         ` Kevin
2014-04-24 11:22     ` Jorge Timón
2014-04-24 11:43       ` Mike Hearn
2014-04-24 13:57         ` Jorge Timón
2014-04-24 14:28           ` Mike Hearn
2014-04-24 15:37             ` Jorge Timón
2014-04-24 17:07               ` Justus Ranvier
2014-04-25  4:31             ` Gareth Williams
2014-04-25 10:17               ` Mike Hearn
2014-04-25 13:19                 ` Gareth Williams
2014-04-25 15:28                   ` Mike Hearn
2014-04-26 12:15                     ` Gareth Williams
2014-04-27  1:42                       ` Christophe Biocca
2014-04-27 12:53                         ` Gareth Williams
2014-04-27 14:31                           ` Mike Hearn
2014-04-27 23:10                             ` Gareth Williams
2014-04-28 21:41                           ` Adam Back
2014-04-29 14:13                             ` Mike Hearn
2014-04-29 14:21                               ` Gregory Maxwell
2014-04-29 14:26                                 ` Mike Hearn
2014-04-30 13:12                                   ` Gareth Williams
2014-04-30 13:55                                     ` Mike Hearn
2014-04-30 14:31                                       ` Gareth Williams
2014-04-29 19:29                               ` Justus Ranvier
2014-04-30 13:00                               ` Gareth Williams
2014-04-30 17:06                                 ` Troy Benjegerdes
2014-04-30 17:13                                   ` Jameson Lopp
2014-04-30 14:08                               ` Gareth Williams
2014-04-23 15:28   ` Peter Todd
2014-04-23 15:34 ` Kevin
2014-04-23 15:41   ` Pieter Wuille
2014-04-23 15:55     ` Peter Todd
2014-04-23 18:57 ` Gregory Maxwell
2014-04-23 19:19   ` Mike Hearn
2014-04-23 19:47     ` Gregory Maxwell
2014-04-23 19:59       ` Mike Hearn
2014-04-23 20:24         ` Gregory Maxwell
2014-04-23 20:37           ` Mike Hearn
2014-04-23 20:44             ` Adam Ritter
2014-04-23 20:51               ` Mike Hearn
2014-04-24 15:13                 ` Sergio Lerner
2014-04-24 15:34                   ` Mike Hearn
2014-04-23 20:53               ` Gregory Maxwell
2014-04-23 21:23                 ` Tier Nolan
2014-04-23 21:39                   ` Gregory Maxwell
2014-04-23 22:26                     ` Tier Nolan
2014-04-24  0:55                   ` Tom Harding
     [not found]                 ` <CAKuKjyWDniyP503XSw8=tK9XQW-T58j+VD6ajXCxz=HihN93mQ@mail.gmail.com>
2014-04-24 14:52                   ` [Bitcoin-development] Fwd: " Adam Ritter
2014-04-23 20:41         ` [Bitcoin-development] " Daniel Krawisz
2014-04-23 22:06     ` Alex Mizrahi
2014-04-24  7:58       ` Mike Hearn
2014-04-24  8:19         ` Gregory Maxwell
2014-04-24  8:39           ` Mike Hearn
2014-04-24  9:25             ` Gregory Maxwell
2014-04-24  9:56               ` Mike Hearn
2014-04-24 13:44                 ` Peter Todd
2014-04-24 14:09                   ` Mike Hearn
2014-04-24 14:47                     ` Christophe Biocca
2014-04-24 15:03                       ` Peter Todd
2014-04-24 16:05                         ` Christophe Biocca
2014-04-24 16:14                         ` Mike Hearn

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