Matt Corallo [ARCHIVE] on Nostr: 📅 Original date posted:2014-10-27 📝 Original message:It is a very bad idea to ...
📅 Original date posted:2014-10-27
📝 Original message:It is a very bad idea to delay relaying/accepting blocks based on
information which is only local to your node (ie would create the
ability for people to split the network by sending out lots of
double-spends to different parts of the network at the same time). Thus,
miners are incentivized to go connect to everyone on the network and
look for double-spends, not including them in their blocks to avoid
being delayed (which is OK, except having to connect to everyone is bad).
There is a related concept of "discouraging" blocks which generally only
refers to mining on a previous block, but you have to be careful doing
that so you dont break consensus.
On 10/27/14 19:58, Tom Harding wrote:
> Greetings Bitcoin Dev,
>
> This is a proposal to improve the ability of bitcoin users to rely on
> unconfirmed transactions. It can be adopted incrementally, with no hard
> or soft fork required.
>
> https://github.com/dgenr8/out-there/blob/master/ds-dep-win.md
>
> Your thoughtful feedback would be very much appreciated.
>
> It is not yet implemented anywhere.
>
> Cheers,
> Tom Harding
> CA, USA
>
>
> ------------------------------------------------------------------------------
> _______________________________________________
> Bitcoin-development mailing list
> Bitcoin-development at lists.sourceforge.net
> https://lists.sourceforge.net/lists/listinfo/bitcoin-development
>
📝 Original message:It is a very bad idea to delay relaying/accepting blocks based on
information which is only local to your node (ie would create the
ability for people to split the network by sending out lots of
double-spends to different parts of the network at the same time). Thus,
miners are incentivized to go connect to everyone on the network and
look for double-spends, not including them in their blocks to avoid
being delayed (which is OK, except having to connect to everyone is bad).
There is a related concept of "discouraging" blocks which generally only
refers to mining on a previous block, but you have to be careful doing
that so you dont break consensus.
On 10/27/14 19:58, Tom Harding wrote:
> Greetings Bitcoin Dev,
>
> This is a proposal to improve the ability of bitcoin users to rely on
> unconfirmed transactions. It can be adopted incrementally, with no hard
> or soft fork required.
>
> https://github.com/dgenr8/out-there/blob/master/ds-dep-win.md
>
> Your thoughtful feedback would be very much appreciated.
>
> It is not yet implemented anywhere.
>
> Cheers,
> Tom Harding
> CA, USA
>
>
> ------------------------------------------------------------------------------
> _______________________________________________
> Bitcoin-development mailing list
> Bitcoin-development at lists.sourceforge.net
> https://lists.sourceforge.net/lists/listinfo/bitcoin-development
>