Akiva Lichtner [ARCHIVE] on Nostr: 📅 Original date posted:2015-12-08 📝 Original message:It's true that miners ...
📅 Original date posted:2015-12-08
📝 Original message:It's true that miners would have to be prepared to work on any partition. I
don't see where the number affects defeating double spending, what matters
is the nonce in the block that keeps the next successful miner random.
I expect that the number of miners would be ten times larger as well, so an
attacker would have no advantage working on one partition.
On Tue, Dec 8, 2015 at 3:50 PM, Patrick Strateman via bitcoin-dev <
bitcoin-dev at lists.linuxfoundation.org> wrote:
> Payment recipients would need to operate a daemon for each chain, thus
> guaranteeing no scaling advantage.
>
> (There are other issues, but I believe that to be enough of a show stopper
> not to continue).
>
> On 12/08/2015 08:27 AM, Akiva Lichtner via bitcoin-dev wrote:
>
> Hello,
>
> I am seeking some expert feedback on an idea for scaling Bitcoin. As a
> brief introduction: I work in the payment industry and I have twenty years'
> experience in development. I have some experience with process groups and
> ordering protocols too. I think I understand Satoshi's paper but I admit I
> have not read the source code.
>
> The idea is to run more than one simultaneous chain, each chain defeating
> double spending on only part of the coin. The coin would be partitioned by
> radix (or modulus, not sure what to call it.) For example in order to
> multiply throughput by a factor of ten you could run ten parallel chains,
> one would work on coin that ends in "0", one on coin that ends in "1", and
> so on up to "9".
>
> The number of chains could increase automatically over time based on the
> moving average of transaction volume.
>
> Blocks would have to contain the number of the partition they belong to,
> and miners would have to round-robin through partitions so that an attacker
> would not have an unfair advantage working on just one partition.
>
> I don't think there is much impact to miners, but clients would have to
> send more than one message in order to spend money. Client messages will
> need to enumerate coin using some sort of compression, to save space. This
> seems okay to me since often in computing client software does have to
> break things up in equal parts (e.g. memory pages, file system blocks,) and
> the client software could hide the details.
>
> Best wishes for continued success to the project.
>
> Regards,
> Akiva
>
> P.S. I found a funny anagram for SATOSHI NAKAMOTO: "NSA IS OOOK AT MATH"
>
>
>
> _______________________________________________
> bitcoin-dev mailing listbitcoin-dev at lists.linuxfoundation.orghttps://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev
>
>
>
> _______________________________________________
> bitcoin-dev mailing list
> bitcoin-dev at lists.linuxfoundation.org
> https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev
>
>
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📝 Original message:It's true that miners would have to be prepared to work on any partition. I
don't see where the number affects defeating double spending, what matters
is the nonce in the block that keeps the next successful miner random.
I expect that the number of miners would be ten times larger as well, so an
attacker would have no advantage working on one partition.
On Tue, Dec 8, 2015 at 3:50 PM, Patrick Strateman via bitcoin-dev <
bitcoin-dev at lists.linuxfoundation.org> wrote:
> Payment recipients would need to operate a daemon for each chain, thus
> guaranteeing no scaling advantage.
>
> (There are other issues, but I believe that to be enough of a show stopper
> not to continue).
>
> On 12/08/2015 08:27 AM, Akiva Lichtner via bitcoin-dev wrote:
>
> Hello,
>
> I am seeking some expert feedback on an idea for scaling Bitcoin. As a
> brief introduction: I work in the payment industry and I have twenty years'
> experience in development. I have some experience with process groups and
> ordering protocols too. I think I understand Satoshi's paper but I admit I
> have not read the source code.
>
> The idea is to run more than one simultaneous chain, each chain defeating
> double spending on only part of the coin. The coin would be partitioned by
> radix (or modulus, not sure what to call it.) For example in order to
> multiply throughput by a factor of ten you could run ten parallel chains,
> one would work on coin that ends in "0", one on coin that ends in "1", and
> so on up to "9".
>
> The number of chains could increase automatically over time based on the
> moving average of transaction volume.
>
> Blocks would have to contain the number of the partition they belong to,
> and miners would have to round-robin through partitions so that an attacker
> would not have an unfair advantage working on just one partition.
>
> I don't think there is much impact to miners, but clients would have to
> send more than one message in order to spend money. Client messages will
> need to enumerate coin using some sort of compression, to save space. This
> seems okay to me since often in computing client software does have to
> break things up in equal parts (e.g. memory pages, file system blocks,) and
> the client software could hide the details.
>
> Best wishes for continued success to the project.
>
> Regards,
> Akiva
>
> P.S. I found a funny anagram for SATOSHI NAKAMOTO: "NSA IS OOOK AT MATH"
>
>
>
> _______________________________________________
> bitcoin-dev mailing listbitcoin-dev at lists.linuxfoundation.orghttps://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev
>
>
>
> _______________________________________________
> bitcoin-dev mailing list
> bitcoin-dev at lists.linuxfoundation.org
> https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev
>
>
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