From: Michael Gronager <gronager@ceptacle•com>
To: Gregory Maxwell <gmaxwell@gmail•com>
Cc: "bitcoin-development@lists•sourceforge.net Dev"
<bitcoin-development@lists•sourceforge.net>
Subject: Re: [Bitcoin-development] Blocking uneconomical UTXO creation
Date: Mon, 11 Mar 2013 22:15:23 +0100 [thread overview]
Message-ID: <D80BAE2B-4F2B-4ADF-A8C4-E57CBCEEC470@ceptacle.com> (raw)
In-Reply-To: <CAAS2fgRJznqyFuWnhHedA151peVn4K77Bw82ACC1WhnUyCdAqw@mail.gmail.com>
>> The point with UTXO is in the long run to be able to switch from a p2p network where everyone stores, validates and verifies everything to a DHT where the load of storing, validating and verifying can be shared.
>
> I believe you are confusing disjoint things.
Nope, ahh well, I agree that the use of UTXOs in the Satoshi client today by no means a directed towards a DHT, though it does help speeding up validation (db lookup to check if an output is indeed unspent).
However, an alternative way to bootstrap and validate transactions exist, needing only the UTXOs and not the rest of the blockchain history: An authenticated data structure storing the UTXOs in a DHT.
/M
>
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next prev parent reply other threads:[~2013-03-11 21:15 UTC|newest]
Thread overview: 23+ messages / expand[flat|nested] mbox.gz Atom feed top
2013-03-10 4:31 Peter Todd
2013-03-11 11:01 ` Jorge Timón
2013-03-11 15:36 ` Gavin Andresen
2013-03-11 16:45 ` Jorge Timón
2013-03-11 16:46 ` Jorge Timón
2013-03-11 16:54 ` Mike Hearn
2013-03-11 17:08 ` Jorge Timón
2013-03-11 18:17 ` Benjamin Lindner
2013-03-11 18:59 ` Mark Friedenbach
2013-03-11 18:59 ` Jorge Timón
2013-03-11 19:08 ` Tadas Varanavičius
2013-03-11 22:19 ` Mike Hearn
2013-03-11 22:25 ` Tadas Varanavičius
2013-03-11 22:39 ` Mike Hearn
2013-03-11 23:26 ` Tadas Varanavičius
2013-03-11 17:18 ` Jeff Garzik
2013-03-11 20:08 ` Rune Kjær Svendsen
2013-03-11 20:36 ` Michael Gronager
2013-03-11 21:01 ` Gregory Maxwell
2013-03-11 21:15 ` Michael Gronager [this message]
2013-03-12 7:49 ` Peter Todd
2013-03-13 5:31 ` Stephen Pair
2013-03-13 9:20 ` Jorge Timón
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