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authorPeter Todd <pete@petertodd.org>2013-12-30 18:22:25 -0500
committerbitcoindev <bitcoindev@gnusha.org>2013-12-30 23:23:06 +0000
commitd959ea2c70be1a317629ac0b96311e93717933cf (patch)
tree66e10a8510213e841ed634c3646c50e856dc2080 /13/e8e8df60c64f2d060b1656cb101842b3fea45d
parent21d0b58139127b9837ffb51a073e777dbd3ab0ca (diff)
downloadpi-bitcoindev-d959ea2c70be1a317629ac0b96311e93717933cf.tar.gz
pi-bitcoindev-d959ea2c70be1a317629ac0b96311e93717933cf.zip
Re: [Bitcoin-development] Looking for GREAT C++ developer for exciting opportunity in bitcoin space
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+Date: Mon, 30 Dec 2013 18:22:25 -0500
+From: Peter Todd <pete@petertodd.org>
+To: Evan Duffield <eduffield82@gmail.com>
+Message-ID: <20131230232225.GA10594@tilt>
+References: <CAMkFLsSwKEiEtV1OaAsGPiU8iAWbb77fDNJDmRwbgKnZ_kjG6Q@mail.gmail.com>
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+Cc: bitcoin-development@lists.sourceforge.net
+Subject: Re: [Bitcoin-development] Looking for GREAT C++ developer for
+ exciting opportunity in bitcoin space
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+On Sun, Dec 29, 2013 at 11:53:19AM -0700, Evan Duffield wrote:
+> Hello,
+>=20
+> We=E2=80=99re a startup looking for 1 or 2 really good C++ programmer tha=
+t is
+> familiar with the bitcoin internals to help with a for-profit startup.
+>=20
+> We will be able to provide more information about the project after signi=
+ng
+> a non-compete/non-disclosure agreement. Our coin will be one of the truly
+> unique coins that are not just a clone of the original Bitcoin code. In
+> short the project will be a merge-mined altcoin that will provide a very
+> useful service to the whole crypto-coin ecosystem.
+
+I would strongly suggest that if you have not done so already you hire
+someone competent to do an analysis of whether or not your idea makes
+sense at all; that you are using merge-mining is a red-flag because
+without majority, or at least near-majority, hashing power an attacker
+can 51% attack your altcoin at negligible cost by re-using existing
+hashing power. If you are starting a timestamping service that may be an
+exception, but how to turn a profit doing so is non-obvious.
+
+
+I would offer that consulting myself, but it would likely be a conflict
+of interest with my employers. I'd be happy to speak informally in
+private, but am explicitly unwilling to agree to any
+non-compete/non-disclosure terms.
+
+--=20
+'peter'[:-1]@petertodd.org
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