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authorEric Lombrozo <elombrozo@gmail.com>2015-07-23 18:28:25 -0700
committerbitcoindev <bitcoindev@gnusha.org>2015-07-24 01:28:30 +0000
commit6e85488179e796c65b12ad20c467e6007a308bb5 (patch)
treef862876cfddaafcf93bf1d6ffe2714072c0e46d9
parent4c9a5b228fb25e8dc031060ce5cb7d2763ddf207 (diff)
downloadpi-bitcoindev-6e85488179e796c65b12ad20c467e6007a308bb5.tar.gz
pi-bitcoindev-6e85488179e796c65b12ad20c467e6007a308bb5.zip
Re: [bitcoin-dev] Bitcoin Core and hard forks
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+From: Eric Lombrozo <elombrozo@gmail.com>
+In-Reply-To: <D7EE14EC-B36D-43F2-8CEC-B63443FBBCA8@me.com>
+Date: Thu, 23 Jul 2015 18:28:25 -0700
+Message-Id: <0E15E07E-E21C-4541-869A-3C34CBA35774@gmail.com>
+References: <CAPg+sBgs-ouEMu=LOVCmOyCGwfM1Ygxooz0shyvAuHDGGZYfJw@mail.gmail.com>
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+To: Jean-Paul Kogelman <jeanpaulkogelman@me.com>
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+Cc: Jean-Paul Kogelman via bitcoin-dev <bitcoin-dev@lists.linuxfoundation.org>
+Subject: Re: [bitcoin-dev] Bitcoin Core and hard forks
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+I suppose you can use a timelocked output that is spendable by anyone =
+you could go somewhat in this direction=E2=80=A6the thing is it still =
+means the wallet must make fee estimations rather than being able to get =
+a quick quote.
+
+> On Jul 23, 2015, at 6:25 PM, Jean-Paul Kogelman =
+<jeanpaulkogelman@me.com> wrote:
+>=20
+> I think implicit QoS is far simpler to implement, requires less =
+parties and is closer to what Bitcoin started out as: a peer-to-peer =
+digital cash system, not a peer-to-let-me-handle-that-for-you-to-peer =
+system.
+>=20
+> jp
+>=20
+>> On Jul 24, 2015, at 9:08 AM, Eric Lombrozo <elombrozo@gmail.com> =
+wrote:
+>>=20
+>> By using third parties separate from individual miners that do =
+bidding on your behalf you get a mechanism that allows QoS guarantees =
+and shifting the complexity and risk from the wallet with little =
+computational resources to a service with abundance of them. Using =
+timelocked contracts it=E2=80=99s possible to enforce the guarantees.
+>>=20
+>> Negotiating directly with miners via smart contracts seems difficult =
+at best.
+>>=20
+>>=20
+>>> On Jul 23, 2015, at 6:03 PM, Jean-Paul Kogelman via bitcoin-dev =
+<bitcoin-dev@lists.linuxfoundation.org> wrote:
+>>>=20
+>>> Doesn't matter.
+>>>=20
+>>> It's not going to be perfect given the block time variance among =
+other factors but it's far more workable than guessing whether or not =
+your transaction is going to end up in a block at all.
+>>>=20
+>>> jp
+>>>=20
+>>>=20
+>>>> On Jul 24, 2015, at 8:53 AM, Peter Todd <pete@petertodd.org> wrote:
+>>>>=20
+>>>> -----BEGIN PGP SIGNED MESSAGE-----
+>>>> Hash: SHA256
+>>>>=20
+>>>>=20
+>>>>=20
+>>>>> On 23 July 2015 20:49:20 GMT-04:00, Jean-Paul Kogelman via =
+bitcoin-dev <bitcoin-dev@lists.linuxfoundation.org> wrote:
+>>>>>=20
+>>>>> And it's obvious how a size cap would interfere with such a QoS =
+scheme.
+>>>>> Miners wouldn't be able to deliver the below guarantees if they =
+have to
+>>>>> start excluding transactions.
+>>>>=20
+>>>> As mining is a random, poisson process, obviously giving guarantees =
+without a majority of hashing power isn't possible.
+>>>>=20
+>>>>=20
+>>>> -----BEGIN PGP SIGNATURE-----
+>>>>=20
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+>>>> =3DLY1+
+>>>> -----END PGP SIGNATURE-----
+>>> _______________________________________________
+>>> bitcoin-dev mailing list
+>>> bitcoin-dev@lists.linuxfoundation.org
+>>> https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev
+>>=20
+
+
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