Received: from sog-mx-1.v43.ch3.sourceforge.com ([172.29.43.191] helo=mx.sourceforge.net) by sfs-ml-2.v29.ch3.sourceforge.com with esmtp (Exim 4.76) (envelope-from ) id 1VvMno-0000V4-SA for bitcoin-development@lists.sourceforge.net; Tue, 24 Dec 2013 07:53:20 +0000 Received-SPF: pass (sog-mx-1.v43.ch3.sourceforge.com: domain of hotmail.com designates 65.55.116.109 as permitted sender) client-ip=65.55.116.109; envelope-from=slashdevnull@hotmail.com; helo=blu0-omc3-s34.blu0.hotmail.com; Received: from blu0-omc3-s34.blu0.hotmail.com ([65.55.116.109]) by sog-mx-1.v43.ch3.sourceforge.com with esmtp (Exim 4.76) id 1VvMnn-0000Ql-FK for bitcoin-development@lists.sourceforge.net; Tue, 24 Dec 2013 07:53:20 +0000 Received: from BLU403-EAS125 ([65.55.116.72]) by blu0-omc3-s34.blu0.hotmail.com with Microsoft SMTPSVC(6.0.3790.4675); Mon, 23 Dec 2013 23:53:13 -0800 X-TMN: [zIRacql5Ih3RO+ECfDFTysTPSL2C9Fd2] X-Originating-Email: [slashdevnull@hotmail.com] Message-ID: Content-Type: multipart/related; boundary="_641320a3-f4d7-4b9b-819a-07337a593fff_" References: <52B7AC86.9010808@monetize.io> From: Gavin Costin MIME-Version: 1.0 (1.0) In-Reply-To: Date: Tue, 24 Dec 2013 15:53:09 +0800 To: Ryan Carboni X-OriginalArrivalTime: 24 Dec 2013 07:53:13.0936 (UTC) FILETIME=[32BF8D00:01CF007D] X-Spam-Score: -1.0 (-) X-Spam-Report: Spam Filtering performed by mx.sourceforge.net. 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[URIs: monetize.io] -1.5 SPF_CHECK_PASS SPF reports sender host as permitted sender for sender-domain 0.0 FREEMAIL_FROM Sender email is commonly abused enduser mail provider (slashdevnull[at]hotmail.com) -0.0 SPF_PASS SPF: sender matches SPF record -0.6 RP_MATCHES_RCVD Envelope sender domain matches handover relay domain -0.0 RCVD_IN_DNSWL_NONE RBL: Sender listed at http://www.dnswl.org/, no trust [65.55.116.109 listed in list.dnswl.org] 1.0 HTML_MESSAGE BODY: HTML included in message X-Headers-End: 1VvMnn-0000Ql-FK Cc: "bitcoin-development@lists.sourceforge.net" Subject: Re: [Bitcoin-development] Bitcoin difficulty sanity check suggestion X-BeenThere: bitcoin-development@lists.sourceforge.net X-Mailman-Version: 2.1.9 Precedence: list List-Id: List-Unsubscribe: , List-Archive: List-Post: List-Help: List-Subscribe: , X-List-Received-Date: Tue, 24 Dec 2013 07:53:21 -0000 --_641320a3-f4d7-4b9b-819a-07337a593fff_ Content-Type: multipart/alternative; boundary="Apple-Mail-C9EAEC89-4F58-41DC-8493-A58ED063E235" Content-Transfer-Encoding: 7bit --Apple-Mail-C9EAEC89-4F58-41DC-8493-A58ED063E235 Content-Type: text/plain; charset="us-ascii" Content-Transfer-Encoding: quoted-printable Ryan, Maybe you could test out your ideas somewhere like bitcointalk.org and/or pr= ovide some more technical substance before engaging with this forum. Developers tend to prefer dealing with numbers known to be either 1 or 0, no= t a variable set of possible values depending on non-technical factors ... Gavin > On 24/12/2013, at 15:42, "Ryan Carboni" wrote: >=20 > Maybe it's because the arguments being presented are nonsensical and irrel= evant to the current Bitcoin network topology, composed of a small number of= mining pools, not solo miners? Furthermore I think people would realize tha= t their mining pool has gone "off the reservation" so to speak. >=20 >=20 >> On Mon, Dec 23, 2013 at 8:05 PM, Allen Piscitello wrote: >> Ryan, >>=20 >> Why do you continue to try to correct people who clearly have put more th= ought into this than you? Everyone understood you just fine, you just seem t= o have trouble comprehending why your ideas are terrible. >>=20 >>=20 >>> On Mon, Dec 23, 2013 at 7:51 PM, Ryan Carboni wro= te: >>> I think you misunderstood my statement. If time > 3 days, and after 4 bl= ocks have been mined, then difficulty would be reset. >>>=20 >>> In theory, one would have to isolate roughly one percent of the Bitcoin n= etwork's hashing power to do so. Which would indicate an attack by a state a= ctor as opposed to anything else. Arguably, the safest way to run Bitcoin is= through a proprietary dial-up network. >>>=20 >>>=20 >>>> On Sun, Dec 22, 2013 at 7:22 PM, Mark Friedenbach wr= ote: >>>=20 >>>> -----BEGIN PGP SIGNED MESSAGE----- >>>> Hash: SHA1 >>>>=20 >>>> Ryan, these sort of adjustments introduce security risks. If you were >>>> isolated from the main chain by a low-hashpower attacker, how would >>>> you know? They'd need just three days without you noticing that >>>> network block generation has stalled - maybe they wait for a long >>>> weekend - then after that the block rate is normal but completely >>>> controlled by the attacker (and isolated from mainnet). >>>>=20 >>>> There are fast acting alternative difficulty adjustment algorithms >>>> being explored by some alts, such as the 9-block interval, 144-block >>>> window, Parks-McClellan FIR filter used by Freicoin to recover from >>>> just such a mining bubble. If it were to happen to bitcoin, there >>>> would be sophisticated alternative to turn to, and enough time to make >>>> the change. >>>>=20 >>>> On 12/22/2013 07:10 PM, Ryan Carboni wrote: >>>> > I think Bitcoin should have a sanity check: after three days if >>>> > only four blocks have been mined, difficulty should be adjusted >>>> > downwards. >>>> > >>>> > This might become important in the near future. I project a >>>> > Bitcoin mining bubble. >>>> > >>>> -----BEGIN PGP SIGNATURE----- >>>> Version: GnuPG v1.4.14 (GNU/Linux) >>>> Comment: GPGTools - http://gpgtools.org >>>> Comment: Using GnuPG with Thunderbird - http://www.enigmail.net/ >>>>=20 >>>> iQIcBAEBAgAGBQJSt6yGAAoJEAdzVfsmodw4SegQAIJAWW0OgSjediSWq+EpkReS >>>> qMvC2Y9dmVHtowYLdJVcgwFWbpU8RhA6ApQ1Ks2XF4t0hFCObYDecG6Nl3OIaLfb >>>> snz24v8ymdxYXKNtzHHUP0VBgsaoRghIpkbf7JMUXC22sxPoPOXFt5RevLgJHrvc >>>> oGFZSIcEcGgwhwZ745CgFZLwaKuSmg5+wFFcrjIihlHKJOl47Z7rzeqnD6mf2Oi3 >>>> hDpRuVbuhlGMliYcmhk1E6oV0in2R4Purw1WtoY8C9DxrSP2za7W1oeCkmlFfJZS >>>> to6SzRj7nEIl0LFaPGsIdBrRdDHfvu6eP2OecI+GNLEwLY6qE5v5fkh47mcDkrN0 >>>> 02PmepoX5PRzBqp4sx8WaFKuRbmTRRr3E4i9PGoyzTckkZzq+zFmb1y5fwOy17hE >>>> C+nP+DyuaPzjypjdo6V+/oGzUKtuKPtqcB1vurbm+WBl5C1jWosAXv5pR87mdCUJ >>>> +0e14wPra5blV6yBVqX7yx+2heDGymPKfHJ8i76Dtix7XVOJWKVY4OpIxO7YrYv8 >>>> IKcIswoKhZdSDOJLcjm4Qp4hrzgCHAHWx6vN71r5r2T6zaJTOvp98GS04Yy7VGAr >>>> j38hojcwvJC1ahER3LV/vC0cqO+fxrvY8Q9rW2cUxCnzxzjjG0+Z/gjW8uh73lXN >>>> DOTF7jpt0ZmCm7uhG9z7 >>>> =3D5Q2H >>>> -----END PGP SIGNATURE----- >>>=20 >>>=20 >>> ------------------------------------------------------------------------= ------ >>> Rapidly troubleshoot problems before they affect your business. 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Start your 15-day FREE TRIAL of AppDynamics P= ro! > http://pubads.g.doubleclick.net/gampad/clk?id=3D84349831&iu=3D/4140/ostg.c= lktrk > _______________________________________________ > Bitcoin-development mailing list > Bitcoin-development@lists.sourceforge.net > https://lists.sourceforge.net/lists/listinfo/bitcoin-development --Apple-Mail-C9EAEC89-4F58-41DC-8493-A58ED063E235 Content-Type: text/html; charset="utf-8" Content-Transfer-Encoding: base64 PGh0bWw+PGhlYWQ+PG1ldGEgaHR0cC1lcXVpdj0iY29udGVudC10eXBlIiBjb250ZW50PSJ0ZXh0 L2h0bWw7IGNoYXJzZXQ9dXRmLTgiPjwvaGVhZD48Ym9keSBkaXI9ImF1dG8iPjxkaXY+Unlhbiw8 L2Rpdj48ZGl2Pjxicj48L2Rpdj48ZGl2Pk1heWJlIHlvdSBjb3VsZCB0ZXN0IG91dCB5b3VyIGlk ZWFzIHNvbWV3aGVyZSBsaWtlIDxhIGhyZWY9Imh0dHA6Ly9iaXRjb2ludGFsay5vcmciPmJpdGNv aW50YWxrLm9yZzwvYT4gYW5kL29yIHByb3ZpZGUgc29tZSBtb3JlIHRlY2huaWNhbCBzdWJzdGFu Y2UgYmVmb3JlIGVuZ2FnaW5nIHdpdGggdGhpcyBmb3J1bS48L2Rpdj48ZGl2Pjxicj48L2Rpdj48 ZGl2PkRldmVsb3BlcnMgdGVuZCB0byBwcmVmZXIgZGVhbGluZyB3aXRoIG51bWJlcnMga25vd24g 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