📅 Original date posted:2017-04-06 📝 Original message:I think you're misreading ...

Daniel Robinson [ARCHIVE] /

npub1hy9…jzt2

2023-06-07 17:59:26

in reply to nevent1q…xn2d

📅 Original date posted:2017-04-06
📝 Original message:I think you're misreading Luv. He's defending the idea of blocking covert
ASICBOOST, not defending ASICBOOST.

On Thu, Apr 6, 2017 at 11:16 AM Jorge Timón via bitcoin-dev <
bitcoin-dev at lists.linuxfoundation.org> wrote:

> On Thu, Apr 6, 2017 at 2:30 PM, Luv Khemani via bitcoin-dev
> <bitcoin-dev at lists.linuxfoundation.org> wrote:
> >
> > Just to add on to the ethical issue of blocking this.
> >
> >
> > If blocking the covert form of ASICBOOST is seen as unethical, then the
> same can be said about libsecp256k1, various client optimisations,
> Compactblocks.
>
> This is simply a non sequitur. These optimizations benefit users. On
> the other hand, asicboost doesn't benefit users in any way, it only
> benefits some miners if and only if not all miners use it. It
> obviously harms the miners that aren't using it by making them less
> profitable (maybe to the point that they lose money).
> If all miners use it or if no one of them uses it is equivalent from
> the point of view of the user. In fact, the very fact of allowing it
> makes the network less secure unless every single honest miner uses
> it, for an attacker could use it against the network.
>
> Even if asicboost was good for users in any way (which as explained
> isn't), this proposal doesn't disable it, only the covert form that
> cannot be proven to be used.
>
> Therefore there's no rational arguments to oppose this proposal unless
> you are (or are invested in):
>
> A) A Miner currently using the covert form of asicboost.
>
> B) A Miner planning to use the covert form of asicboost soon.
>
> C) An attacker using or planning to use the covert form of asicboost.
>
> > All of which seek to reduce the efficacy of large miners and selfish
> mining.
>
> Asicboost doesn't seek this and doesn't help with this in any way.
> _______________________________________________
> 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/20170406/f688b993/attachment.html>;

Author Public Key

npub1hy94r8apyzhxsdl76rtgspps5sdg2d9darnyzlrcfqcwjl073trqc7jzt2

Show more details

Published at

2023-06-07 17:59:26

Kind type

1 Short Text Note

Event JSON

{ "id": "cc19cc0b37c94f58d2b292c1e9d69e914e23afc75fa5870f0e7a01281eb6d995", "pubkey": "b90b519fa120ae6837fed0d6880430a41a8534ade8e6417c784830e97dfe8ac6", "created_at": 1686160766, "kind": 1, "tags": [ [ "e", "ad36e2a7543163ffef3218fa3d55149ec67fbe14dd109a89d2940c12712bdc10", "", "root" ], [ "e", "e4073d3295127d3d2e7b7bfa9b711d28b9f9ea45b0d212ec057bdd300e85b0e1", "", "reply" ], [ "p", "498a711971f8a0194289aee037a4c481a99e731b5151724064973cc0e0b27c84" ] ], "content": "📅 Original date posted:2017-04-06\n📝 Original message:I think you're misreading Luv. He's defending the idea of blocking covert\nASICBOOST, not defending ASICBOOST.\n\nOn Thu, Apr 6, 2017 at 11:16 AM Jorge Timón via bitcoin-dev \u003c\nbitcoin-dev at lists.linuxfoundation.org\u003e wrote:\n\n\u003e On Thu, Apr 6, 2017 at 2:30 PM, Luv Khemani via bitcoin-dev\n\u003e \u003cbitcoin-dev at lists.linuxfoundation.org\u003e wrote:\n\u003e \u003e\n\u003e \u003e Just to add on to the ethical issue of blocking this.\n\u003e \u003e\n\u003e \u003e\n\u003e \u003e If blocking the covert form of ASICBOOST is seen as unethical, then the\n\u003e same can be said about libsecp256k1, various client optimisations,\n\u003e Compactblocks.\n\u003e\n\u003e This is simply a non sequitur. These optimizations benefit users. On\n\u003e the other hand, asicboost doesn't benefit users in any way, it only\n\u003e benefits some miners if and only if not all miners use it. It\n\u003e obviously harms the miners that aren't using it by making them less\n\u003e profitable (maybe to the point that they lose money).\n\u003e If all miners use it or if no one of them uses it is equivalent from\n\u003e the point of view of the user. In fact, the very fact of allowing it\n\u003e makes the network less secure unless every single honest miner uses\n\u003e it, for an attacker could use it against the network.\n\u003e\n\u003e Even if asicboost was good for users in any way (which as explained\n\u003e isn't), this proposal doesn't disable it, only the covert form that\n\u003e cannot be proven to be used.\n\u003e\n\u003e Therefore there's no rational arguments to oppose this proposal unless\n\u003e you are (or are invested in):\n\u003e\n\u003e A) A Miner currently using the covert form of asicboost.\n\u003e\n\u003e B) A Miner planning to use the covert form of asicboost soon.\n\u003e\n\u003e C) An attacker using or planning to use the covert form of asicboost.\n\u003e\n\u003e \u003e All of which seek to reduce the efficacy of large miners and selfish\n\u003e mining.\n\u003e\n\u003e Asicboost doesn't seek this and doesn't help with this in any way.\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/20170406/f688b993/attachment.html\u003e", "sig": "3432d313fc310e35dee9bf29671c02df5678880cfff0af985dc73c012eb63ec722b08472abb8e35a6f1503ddde597120416aca19efca725a574fe26d82bad198" }