📅 Original date posted:2015-08-22 📝 Original message:Don't you mean profits ...

Jorge Timón [ARCHIVE] /

npub1fx9…l2d8

2023-06-07 15:47:58

in reply to nevent1q…ysrp

📅 Original date posted:2015-08-22
📝 Original message:Don't you mean profits instead of revenue?

On Aug 21, 2015 5:01 PM, "Peter Todd via bitcoin-dev" <
bitcoin-dev at lists.linuxfoundation.org> wrote:
>
> On Fri, Aug 21, 2015 at 04:16:39PM -0700, Tom Harding wrote:
> > On 8/21/2015 3:21 PM, Peter Todd wrote:
> > > To use a car analogy, Pieter Wuille has shown that the brake cylinders
> > > have a fatigue problem, and if used in stop-and-go traffic regularly
> > > they'll fail during heavy braking, potentially killing someone. You've
> > > countered with a study of highway driving, showing that if the car is
> > > only used on the highway the brakes have no issues, claiming that the
> > > car design is perfectly safe.
> >
> > No. If we must play the analogy game, it was found that the car crashes
> > when the brakes are bad (minority hash power partitioned) the radio is
> > on (partitioned miners had small individual hashrate).
> >
> > I checked the scenario where only the radio is on, and found the car
> > does not crash.
>
> Incidentally, what's your acceptable revenue difference between a small
> (1% hashing power) and large (%30 hashing power) miner, all else being
> equal? (remember that we shouldn't preclude variance reduction
> techniques such as p2pool and pooled-solo mode)
>
> Equally, what kind of attacks on miners do you think we need to be able to
> resist? E.g. DoS attacks, hacking, etc.
>
> That would let me know if you're definition of "the brakes are bad"
> corresponds to normal usage, or something that's not reasonable to
> design for.
>
> --
> 'peter'[:-1]@petertodd.org
> 00000000000000000402fe6fb9ad613c93e12bddfc6ec02a2bd92f002050594d
>
> _______________________________________________
> bitcoin-dev mailing list
> bitcoin-dev at lists.linuxfoundation.org
> https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev
>
-------------- next part --------------
An HTML attachment was scrubbed...
URL: <http://lists.linuxfoundation.org/pipermail/bitcoin-dev/attachments/20150822/00ab2f73/attachment.html>;

Author Public Key

npub1fx98zxt3lzspjs5f4msr0fxysx5euucm29ghysryju7vpc9j0jzqtcl2d8

Show more details

Published at

2023-06-07 15:47:58

Kind type

1 Short Text Note

Event JSON

{ "id": "571072a37135d8dd953539016a676104cca0f71c6267c95fd5ff96317c208f42", "pubkey": "498a711971f8a0194289aee037a4c481a99e731b5151724064973cc0e0b27c84", "created_at": 1686152878, "kind": 1, "tags": [ [ "e", "04c055baa2674526726a622bd1bd37944209de47bcb89f54cba6db6abf55701c", "", "root" ], [ "e", "d10285e01c62c83352c1ba5d4d617fa25cdbe8ab925687c3c029aebe7d53c23f", "", "reply" ], [ "p", "daa2fc676a25e3b5b45644540bcbd1e1168b111427cd0e3cf19c56194fb231aa" ] ], "content": "📅 Original date posted:2015-08-22\n📝 Original message:Don't you mean profits instead of revenue?\n\nOn Aug 21, 2015 5:01 PM, \"Peter Todd via bitcoin-dev\" \u003c\nbitcoin-dev at lists.linuxfoundation.org\u003e wrote:\n\u003e\n\u003e On Fri, Aug 21, 2015 at 04:16:39PM -0700, Tom Harding wrote:\n\u003e \u003e On 8/21/2015 3:21 PM, Peter Todd wrote:\n\u003e \u003e \u003e To use a car analogy, Pieter Wuille has shown that the brake cylinders\n\u003e \u003e \u003e have a fatigue problem, and if used in stop-and-go traffic regularly\n\u003e \u003e \u003e they'll fail during heavy braking, potentially killing someone. You've\n\u003e \u003e \u003e countered with a study of highway driving, showing that if the car is\n\u003e \u003e \u003e only used on the highway the brakes have no issues, claiming that the\n\u003e \u003e \u003e car design is perfectly safe.\n\u003e \u003e\n\u003e \u003e No. If we must play the analogy game, it was found that the car crashes\n\u003e \u003e when the brakes are bad (minority hash power partitioned) the radio is\n\u003e \u003e on (partitioned miners had small individual hashrate).\n\u003e \u003e\n\u003e \u003e I checked the scenario where only the radio is on, and found the car\n\u003e \u003e does not crash.\n\u003e\n\u003e Incidentally, what's your acceptable revenue difference between a small\n\u003e (1% hashing power) and large (%30 hashing power) miner, all else being\n\u003e equal? (remember that we shouldn't preclude variance reduction\n\u003e techniques such as p2pool and pooled-solo mode)\n\u003e\n\u003e Equally, what kind of attacks on miners do you think we need to be able to\n\u003e resist? E.g. DoS attacks, hacking, etc.\n\u003e\n\u003e That would let me know if you're definition of \"the brakes are bad\"\n\u003e corresponds to normal usage, or something that's not reasonable to\n\u003e design for.\n\u003e\n\u003e --\n\u003e 'peter'[:-1]@petertodd.org\n\u003e 00000000000000000402fe6fb9ad613c93e12bddfc6ec02a2bd92f002050594d\n\u003e\n\u003e _______________________________________________\n\u003e bitcoin-dev mailing list\n\u003e bitcoin-dev at lists.linuxfoundation.org\n\u003e https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev\n\u003e\n-------------- next part --------------\nAn HTML attachment was scrubbed...\nURL: \u003chttp://lists.linuxfoundation.org/pipermail/bitcoin-dev/attachments/20150822/00ab2f73/attachment.html\u003e", "sig": "7b59771dcdb1861d2214d922b76b567aeb6578cb0f0ab051e0faae440e3748fb076e30f200efc26f81cd539957790c0899e62ef29d5c5bfd205d7ed0d020b30d" }