Nick Johnson [ARCHIVE] on Nostr: 📅 Original date posted:2017-06-08 📝 Original message:On Thu, Jun 8, 2017 at ...
📅 Original date posted:2017-06-08
📝 Original message:On Thu, Jun 8, 2017 at 6:44 AM Conner Fromknecht <conner at enigma.co> wrote:
> I don't normally post here, but I'm sorry, if you don't see those two as
> equal, then I think you have misunderstood the *entire* value proposition
> of cryptocurrencies.
>
> The state of any cryptocurrency should entirely (and only) be defined by
> its ledger. If the state of the system can be altered outside of the rules
> governing its ledger, then the system isn't secure.
This is true of any blockchain: you can always change the rules with the
consent of the participants.
> It doesn't matter whether the people making those changes are the ones
> that are leading the project or not. An "irregular state change" is a fancy
> term for a bailout.
>
> I'm sure I speak for more than myself in saying that an "irregular state
> change" is equivalent to modifying the underlying ledger. Let's not let
> semantics keep us from recognizing what actually took place.
>
It's not; modifying the ledger would rewrite history, erasing the record of
the original transactions. That's a fundamentally different operation, both
technically and semantically.
> -Conner
>
> On Wed, Jun 7, 2017 at 14:14 Nick Johnson via bitcoin-dev <
> bitcoin-dev at lists.linuxfoundation.org> wrote:
>
>> On Wed, Jun 7, 2017 at 5:27 PM Tao Effect <contact at taoeffect.com> wrote:
>>
>>> Nick,
>>>
>>> Please don't spread misinformation. Whatever you think of the DAO hard
>>> fork, it's a simple fact that the Ethereum ledger was not edited.
>>>
>>>
>>> This sort of email is unhelpful to this conversation, and it certainly
>>> doesn't help with the perception that Ethereum is nothing but a bunch of
>>> hypocritical Bankers 2.0.
>>>
>>
>>
>>>
>>> Everyone knows you didn't edit Ethereum Classic, but the the hard fork,
>>> which was re-branded as Ethereum, was edited.
>>>
>>
>> That's not what I was suggesting. My point is that the ledger was never
>> edited. An 'irregular state change' was added at a specific block height,
>> but the ledger remains inviolate.
>>
>> I'm sure I don't have to explain the difference between the ledger and
>> the state to you, or why it's significant that the ledger wasn't (and can't
>> be, practically) modified.
>>
>> -Nick
>>
>>
>>> - Greg
>>>
>>> --
>>> Please do not email me anything that you are not comfortable also sharing with
>>> the NSA.
>>>
>>> On Jun 7, 2017, at 6:25 AM, Nick Johnson <nick at ethereum.org> wrote:
>>>
>>> On Wed, Jun 7, 2017 at 12:02 AM Gregory Maxwell via bitcoin-dev <
>>> bitcoin-dev at lists.linuxfoundation.org> wrote:
>>>
>>>> On Tue, Jun 6, 2017 at 10:39 PM, Tao Effect via bitcoin-dev
>>>> <bitcoin-dev at lists.linuxfoundation.org> wrote:
>>>> > I believe the severity of replay attacks is going unvoiced and is not
>>>> > understood within the bitcoin community because of their lack of
>>>> experience
>>>> > with them.
>>>>
>>>> Please don't insult our community-- the issues with replay were
>>>> pointed out by us to Ethereum in advance and were cited specifically
>>>> in prior hardfork discussions long before Ethereum started editing
>>>> their ledger for the economic benefit of its centralized
>>>> administrators.
>>>
>>>
>>> Please don't spread misinformation. Whatever you think of the DAO hard
>>> fork, it's a simple fact that the Ethereum ledger was not edited.
>>>
>>> -Nick Johnson
>>>
>>>
>>> _______________________________________________
>> bitcoin-dev mailing list
>> bitcoin-dev at lists.linuxfoundation.org
>> https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev
>>
>
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📝 Original message:On Thu, Jun 8, 2017 at 6:44 AM Conner Fromknecht <conner at enigma.co> wrote:
> I don't normally post here, but I'm sorry, if you don't see those two as
> equal, then I think you have misunderstood the *entire* value proposition
> of cryptocurrencies.
>
> The state of any cryptocurrency should entirely (and only) be defined by
> its ledger. If the state of the system can be altered outside of the rules
> governing its ledger, then the system isn't secure.
This is true of any blockchain: you can always change the rules with the
consent of the participants.
> It doesn't matter whether the people making those changes are the ones
> that are leading the project or not. An "irregular state change" is a fancy
> term for a bailout.
>
> I'm sure I speak for more than myself in saying that an "irregular state
> change" is equivalent to modifying the underlying ledger. Let's not let
> semantics keep us from recognizing what actually took place.
>
It's not; modifying the ledger would rewrite history, erasing the record of
the original transactions. That's a fundamentally different operation, both
technically and semantically.
> -Conner
>
> On Wed, Jun 7, 2017 at 14:14 Nick Johnson via bitcoin-dev <
> bitcoin-dev at lists.linuxfoundation.org> wrote:
>
>> On Wed, Jun 7, 2017 at 5:27 PM Tao Effect <contact at taoeffect.com> wrote:
>>
>>> Nick,
>>>
>>> Please don't spread misinformation. Whatever you think of the DAO hard
>>> fork, it's a simple fact that the Ethereum ledger was not edited.
>>>
>>>
>>> This sort of email is unhelpful to this conversation, and it certainly
>>> doesn't help with the perception that Ethereum is nothing but a bunch of
>>> hypocritical Bankers 2.0.
>>>
>>
>>
>>>
>>> Everyone knows you didn't edit Ethereum Classic, but the the hard fork,
>>> which was re-branded as Ethereum, was edited.
>>>
>>
>> That's not what I was suggesting. My point is that the ledger was never
>> edited. An 'irregular state change' was added at a specific block height,
>> but the ledger remains inviolate.
>>
>> I'm sure I don't have to explain the difference between the ledger and
>> the state to you, or why it's significant that the ledger wasn't (and can't
>> be, practically) modified.
>>
>> -Nick
>>
>>
>>> - Greg
>>>
>>> --
>>> Please do not email me anything that you are not comfortable also sharing with
>>> the NSA.
>>>
>>> On Jun 7, 2017, at 6:25 AM, Nick Johnson <nick at ethereum.org> wrote:
>>>
>>> On Wed, Jun 7, 2017 at 12:02 AM Gregory Maxwell via bitcoin-dev <
>>> bitcoin-dev at lists.linuxfoundation.org> wrote:
>>>
>>>> On Tue, Jun 6, 2017 at 10:39 PM, Tao Effect via bitcoin-dev
>>>> <bitcoin-dev at lists.linuxfoundation.org> wrote:
>>>> > I believe the severity of replay attacks is going unvoiced and is not
>>>> > understood within the bitcoin community because of their lack of
>>>> experience
>>>> > with them.
>>>>
>>>> Please don't insult our community-- the issues with replay were
>>>> pointed out by us to Ethereum in advance and were cited specifically
>>>> in prior hardfork discussions long before Ethereum started editing
>>>> their ledger for the economic benefit of its centralized
>>>> administrators.
>>>
>>>
>>> Please don't spread misinformation. Whatever you think of the DAO hard
>>> fork, it's a simple fact that the Ethereum ledger was not edited.
>>>
>>> -Nick Johnson
>>>
>>>
>>> _______________________________________________
>> bitcoin-dev mailing list
>> bitcoin-dev at lists.linuxfoundation.org
>> https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev
>>
>
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