public inbox for bitcoindev@googlegroups.com
 help / color / mirror / Atom feed

From: ZmnSCPxj <ZmnSCPxj@protonmail•com>
To: bitcoin-dev <bitcoin-dev@lists•linuxfoundation.org>
Subject: [bitcoin-dev] Sidechains: Mainstake
Date: Fri, 22 Sep 2017 21:49:11 -0400	[thread overview]
Message-ID: <rRLvSIAs4ZyW4YTai9d_ON_xV2HH6NlhRIsU2C9mzTKiGuXmtJjafTtmK9lJIgBYVNVRGcfKAWON_l2ZE9bKuqON11NXGoKKn1SOGXi8Dbs=@protonmail.com> (raw)

[-- Attachment #1: Type: text/plain, Size: 920 bytes --]

Good morning bitcoin-dev,

I have yet another sidechain proposal: https://zmnscpxj.github.io/sidechain/mainstake/index.html

I make the below outlandish claims in the above link:

1. While a 51% mainchain miner theft is still possible, it will take even longer than in drivechains (either months of broadcasting intent to steal before the theft, or locking funds that are likely to remain locked after a week-long theft).
2. A 26% anti-sidechain miner cannot completely block all sidechain withdrawals as they could in drivechains.
3. Outside of attacks and censorship, the economic majority controls sidechains, without going through miners as "representatives of the economic majority".
4. With sufficient cleverness (stupidity?), proof-of-stake can be made to work.

I hope for your consideration.  I suspect that I have not thought things out completely, and probably missed some significant flaw.

Regards,
ZmnSCPxj

[-- Attachment #2: Type: text/html, Size: 1208 bytes --]

next             reply	other threads:[~2017-09-23  1:49 UTC|newest]

Thread overview: 3+ messages / expand[flat|nested]  mbox.gz  Atom feed  top
2017-09-23  1:49 ZmnSCPxj [this message]
2017-09-26 17:51 ` Chris Stewart
2017-09-26 22:38   ` ZmnSCPxj

Reply instructions:

You may reply publicly to this message via plain-text email
using any one of the following methods:

* Save the following mbox file, import it into your mail client,
  and reply-to-all from there: mbox

  Avoid top-posting and favor interleaved quoting:
  https://en.wikipedia.org/wiki/Posting_style#Interleaved_style

* Reply using the --to, --cc, and --in-reply-to
  switches of git-send-email(1):

  git send-email \
    --in-reply-to='rRLvSIAs4ZyW4YTai9d_ON_xV2HH6NlhRIsU2C9mzTKiGuXmtJjafTtmK9lJIgBYVNVRGcfKAWON_l2ZE9bKuqON11NXGoKKn1SOGXi8Dbs=@protonmail.com' \
    --to=zmnscpxj@protonmail$(echo .)com \
    --cc=bitcoin-dev@lists$(echo .)linuxfoundation.org \
    /path/to/YOUR_REPLY

  https://kernel.org/pub/software/scm/git/docs/git-send-email.html

This is a public inbox, see mirroring instructions
for how to clone and mirror all data and code used for this inbox