1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
73
74
75
76
77
78
79
80
81
82
83
84
85
86
87
88
89
90
91
92
93
94
95
96
97
98
99
100
101
102
103
104
105
106
107
108
109
110
111
112
113
114
115
116
117
118
119
120
121
122
123
124
125
126
127
128
129
130
131
132
133
134
135
136
137
138
139
140
141
142
143
144
145
146
147
148
149
150
151
152
153
154
155
156
157
158
159
160
161
162
163
164
165
166
167
168
169
170
171
172
173
174
175
176
177
178
179
180
181
182
183
184
185
186
187
188
189
190
191
192
193
194
195
196
197
198
199
200
201
202
203
204
205
206
207
208
209
210
211
212
213
214
215
216
217
218
219
220
221
222
223
224
225
226
227
228
229
230
231
232
233
234
235
236
237
238
239
240
241
242
243
244
245
246
247
248
249
250
251
252
253
254
255
256
257
258
259
260
261
262
263
264
265
266
267
268
269
270
271
272
273
274
275
276
277
278
279
280
281
282
283
284
285
286
287
288
289
290
291
292
293
294
295
296
297
298
299
300
301
302
303
304
305
306
307
308
309
310
311
312
313
314
315
316
317
318
319
320
321
322
323
324
325
326
327
328
329
330
331
332
333
334
335
336
337
338
339
340
341
342
343
344
345
346
347
348
349
350
351
352
353
354
355
356
357
358
359
360
361
362
363
364
365
366
367
368
369
370
371
372
373
374
375
376
377
378
379
380
381
382
383
384
385
386
387
388
389
390
391
392
393
394
395
396
397
398
399
400
401
402
403
404
405
406
407
408
409
410
411
412
413
414
415
416
417
418
419
420
421
422
423
424
425
426
427
428
429
430
431
432
433
434
435
436
437
438
439
440
441
442
443
444
445
446
447
448
449
450
451
452
453
454
455
456
457
458
459
460
461
462
463
464
465
466
467
468
469
470
471
472
473
474
475
476
477
478
479
480
481
482
483
484
485
486
487
488
489
490
491
492
493
494
495
496
497
498
499
500
501
502
503
504
505
506
507
508
509
510
511
512
513
514
515
516
517
518
519
520
521
522
523
524
525
526
527
528
529
530
531
532
533
534
535
536
537
538
539
540
541
542
543
544
545
546
547
548
549
550
551
552
553
554
555
556
557
558
559
560
561
562
563
564
565
566
567
568
569
570
571
572
573
574
575
576
577
578
579
580
581
582
583
584
585
586
587
588
589
590
591
592
593
594
595
596
597
598
599
600
601
602
603
604
605
606
607
608
609
610
611
612
613
614
615
616
617
618
619
620
621
622
623
624
625
626
627
628
629
630
631
632
633
634
635
636
637
638
639
640
641
642
643
644
645
646
647
648
649
|
Return-Path: <kfriece@gmail.com>
Received: from smtp1.linuxfoundation.org (smtp1.linux-foundation.org
[172.17.192.35])
by mail.linuxfoundation.org (Postfix) with ESMTPS id 631898DD
for <bitcoin-dev@lists.linuxfoundation.org>;
Sat, 15 Aug 2015 23:57:36 +0000 (UTC)
X-Greylist: whitelisted by SQLgrey-1.7.6
Received: from mail-lb0-f173.google.com (mail-lb0-f173.google.com
[209.85.217.173])
by smtp1.linuxfoundation.org (Postfix) with ESMTPS id 0A0D71EA
for <bitcoin-dev@lists.linuxfoundation.org>;
Sat, 15 Aug 2015 23:57:34 +0000 (UTC)
Received: by lbcbn3 with SMTP id bn3so62900341lbc.2
for <bitcoin-dev@lists.linuxfoundation.org>;
Sat, 15 Aug 2015 16:57:32 -0700 (PDT)
DKIM-Signature: v=1; a=rsa-sha256; c=relaxed/relaxed; d=gmail.com; s=20120113;
h=mime-version:in-reply-to:references:date:message-id:subject:from:to
:content-type; bh=GmFI3iNDaGsxTgYb6POtR08ZzaBSsvEBEsO1TyKRuv8=;
b=xmqwdivd5N/aga49owUm4AfeQm/mSaDN8AUhf4RFPCcmts4EY6dnnttsvmRmDG2xLf
UtUNr7JH0iN9IzNq+nAHU38tDfp8uKbhKCHCMG4dmBjSrH/4DdQx7+OpD50bQDm7ddXU
1V3BJ2H8belERxhvlLyWwLH7/KeIhppyOkrgt9eowGykloTrQapzL9vZkd26deHy653a
SDTThTAjezeSdKVcfw3oFfnENLN3j1MRzgWZPYmUfPdrkwJB4+JpqaIz/FsXXB8hrAOo
MILs7EV9+6L29MScB77iP7OUm4E96pm7qBi6meYMTz6ikZHUoOh++l71k6qSw4tHmRwR
ijMA==
MIME-Version: 1.0
X-Received: by 10.112.157.136 with SMTP id wm8mr25654551lbb.26.1439683051666;
Sat, 15 Aug 2015 16:57:31 -0700 (PDT)
Received: by 10.25.62.147 with HTTP; Sat, 15 Aug 2015 16:57:31 -0700 (PDT)
In-Reply-To: <CAOG=w-uTd_V5usB79sLc8E_3R2oxmYqriO6XnrRVcz3Gw7NHuw@mail.gmail.com>
References: <CA+w+GKT7t5OahS-+P=QAmOyFzPnOs4J6KSo+mhSrC0YggmMupg@mail.gmail.com>
<E7866FD5-9CEC-400F-8270-407499E0B012@gmail.com>
<CAKujSOFNHNngt0HV=B3YHxOwXksk+JZDaHt+mUVniwMPTM6SaA@mail.gmail.com>
<CC1B6D0E-F9D5-422B-980D-C589CDC00612@gmail.com>
<CAKujSOGdXoo4DORHtD7KV1fgjHzvcSQnUr=yNL4ruKhn1Lwjig@mail.gmail.com>
<CAOG=w-vGoPuDBcDkdrLVEoE5Q_UzVR7FfThBT9QALgiSSHDsFg@mail.gmail.com>
<CAKujSOHPRmbSx=wydx9bCkUCuQQAzd=Xre_Xa86Zjzm_afpa6A@mail.gmail.com>
<90267BA3-06D8-412B-8FF6-BA21BCCA8AB8@gmail.com>
<CAOG=w-uTd_V5usB79sLc8E_3R2oxmYqriO6XnrRVcz3Gw7NHuw@mail.gmail.com>
Date: Sat, 15 Aug 2015 19:57:31 -0400
Message-ID: <CAKujSOGL-z-LMq6A2y84=U+GzMGf7EcS9rY24yaW+NqzG=v-bg@mail.gmail.com>
From: Ken Friece <kfriece@gmail.com>
To: Bitcoin Dev <bitcoin-dev@lists.linuxfoundation.org>
Content-Type: multipart/alternative; boundary=001a11c282c0e244d2051d625412
X-Spam-Status: No, score=-2.7 required=5.0 tests=BAYES_00,DKIM_SIGNED,
DKIM_VALID,DKIM_VALID_AU,FREEMAIL_FROM,HTML_MESSAGE,RCVD_IN_DNSWL_LOW
autolearn=ham version=3.3.1
X-Spam-Checker-Version: SpamAssassin 3.3.1 (2010-03-16) on
smtp1.linux-foundation.org
Subject: Re: [bitcoin-dev] Bitcoin XT 0.11A
X-BeenThere: bitcoin-dev@lists.linuxfoundation.org
X-Mailman-Version: 2.1.12
Precedence: list
List-Id: Bitcoin Development Discussion <bitcoin-dev.lists.linuxfoundation.org>
List-Unsubscribe: <https://lists.linuxfoundation.org/mailman/options/bitcoin-dev>,
<mailto:bitcoin-dev-request@lists.linuxfoundation.org?subject=unsubscribe>
List-Archive: <http://lists.linuxfoundation.org/pipermail/bitcoin-dev/>
List-Post: <mailto:bitcoin-dev@lists.linuxfoundation.org>
List-Help: <mailto:bitcoin-dev-request@lists.linuxfoundation.org?subject=help>
List-Subscribe: <https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev>,
<mailto:bitcoin-dev-request@lists.linuxfoundation.org?subject=subscribe>
X-List-Received-Date: Sat, 15 Aug 2015 23:57:36 -0000
--001a11c282c0e244d2051d625412
Content-Type: text/plain; charset=UTF-8
Content-Transfer-Encoding: quoted-printable
Let's start with the definition of a conflict of interest before we go any
further:
A *conflict of interest* (COI) is a situation in which a person or
organization is involved in multiple interests (financial, emotional, or
otherwise), one of which could possibly corrupt the motivation of the
individual or organization.
Just because a conflict of interest exists does not necessarily mean the
individual with a conflict of interest has engaged in any wrongdoing. They
could be a saint. However, to not even be able to acknowledge that such a
conflict of interest exists when debating such a serious issue as the
bitcoin blocksize is incredibly naive.
On Sat, Aug 15, 2015 at 7:40 PM, Mark Friedenbach <mark@friedenbach.org>
wrote:
> Baseless accusations also have no place on this mailing list. They are
> unprofessional, and poisonous to the consensus-building process we all se=
ek
> to engage in.
>
> The Lightning Network effort at Blockstream is purposefully structured to
> avoid any conflict of interest. ALL code related to lightning is availabl=
e
> on Github. There is absolutely nothing that we are holding back, and the
> protocol itself is entirely p2p. There is no privileged entity, Blockstre=
am
> or otherwise.
>
> On Sat, Aug 15, 2015 at 4:07 PM, Eric Lombrozo via bitcoin-dev <
> bitcoin-dev@lists.linuxfoundation.org> wrote:
>
>> Please take the lightning 101 discussion to another thread.
>>
>> The main point I was trying to make was that Mike is clearly
>> misrepresenting the views of a great number of people who have deep,
>> intimate knowledge of how things work and are almost certainly not
>> primarily motivated by their own potential for profits.
>>
>> On Aug 15, 2015, at 4:04 PM, Ken Friece via bitcoin-dev <
>> bitcoin-dev@lists.linuxfoundation.org> wrote:
>>
>> Being an early hub provider would be an obvious place to start
>> capitalizing on lightning. Early lightning adopters would be in the best
>> position to do this.
>>
>> Long term, Bitcoin needs to scale the blockchain in a reasonable manner
>> and implement things like lightning.
>>
>> Limiting the blocksize is a blatant conflict of interest because it
>> creates artificial demand for lightning that would not otherwise exist i=
f
>> the blockchain scaled in a reasonable manner.
>>
>> On Sat, Aug 15, 2015 at 6:55 PM, Mark Friedenbach <mark@friedenbach.org>
>> wrote:
>>
>>> I would like very much to know how it is that we're supposed to be
>>> making money off of lightning, and therefore how it represents a confli=
ct
>>> of interest. Apparently there is tons of money to be made in releasing
>>> open-source protocols! I would hate to miss out on that.
>>>
>>> We are working on lightning because Mike of all people said,
>>> essentially, " if you're so fond of micro payment channels, why aren't =
you
>>> working on them?" And he was right! So we looked around and found the b=
est
>>> proposal and funded it.
>>> On Aug 15, 2015 3:28 PM, "Ken Friece via bitcoin-dev" <
>>> bitcoin-dev@lists.linuxfoundation.org> wrote:
>>>
>>>> I know full well who works for Blockstream and I know you're not one o=
f
>>>> those folks. The Blockstream core devs are very vocal against a reason=
able
>>>> blocksize increase (17% growth per year in Pieter's BIP is not what I
>>>> consider reasonable because it doesn't come close to keeping with
>>>> technological increases). I think we can both agree that more on-chain
>>>> space means less demand for lightning, and vice versa, which is a blat=
ant
>>>> conflict of interest.
>>>>
>>>> I'm also trying to figure out how things like lightning are not
>>>> competing directly with miners for fees. More off-chain transactions m=
eans
>>>> less blockchain demand, which would lower on-chain fees. I'm not sure =
what
>>>> is controversial about that statement.
>>>>
>>>> The lightning network concept is actually a brilliant way to take fees
>>>> away from miners without having to make any investment at all in SSH-2=
56
>>>> ASIC mining hardware.
>>>>
>>>> On Sat, Aug 15, 2015 at 6:16 PM, Eric Lombrozo <elombrozo@gmail.com>
>>>> wrote:
>>>>
>>>>>
>>>>> On Aug 15, 2015, at 3:01 PM, Ken Friece via bitcoin-dev <
>>>>> bitcoin-dev@lists.linuxfoundation.org> wrote:
>>>>>
>>>>> What are you so afraid of, Eric? If Mike's fork is successful,
>>>>> consensus is reached around larger blocks. If it is rejected, the sta=
tus
>>>>> quo will remain for now. Network consensus, NOT CORE DEVELOPER CONSEN=
SUS,
>>>>> is the only thing that matters, and those that go against network con=
sensus
>>>>> will be severely punished with complete loss of income.
>>>>>
>>>>>
>>>>> I fully agree that core developers are not the only people who should
>>>>> have a say in this. But again, we=E2=80=99re not talking about merely=
forking some
>>>>> open source project - we=E2=80=99re talking about forking a ledger re=
presenting
>>>>> real assets that real people are holding=E2=80=A6and I think it=E2=80=
=99s fair to say that
>>>>> the risk of permanent ledger forks far outweighs whatever benefits an=
y
>>>>> change in the protocol might bring. And this would be true even if th=
ere
>>>>> were unanimous agreement that the change is good (which there clearly=
IS
>>>>> NOT in this case) but the deployment mechanism could still break thin=
gs.
>>>>>
>>>>> If anything we should attempt a hard fork with a less contentious
>>>>> change first, just to test deployability.
>>>>>
>>>>> I'm not sure who appointed the core devs some sort of Bitcoin Gods
>>>>> that can hold up any change that they happen to disagree with. It see=
ms
>>>>> like the core devs are scared to death that the bitcoin network may c=
hange
>>>>> without their blessing, so they go on and on about how terrible hard =
forks
>>>>> are. Hard forks are the only way to keep core devs in check.
>>>>>
>>>>>
>>>>> Again, let=E2=80=99s figure out a hard fork mechanism and test it wit=
h a far
>>>>> less contentious change first
>>>>>
>>>>> Despite significant past technical bitcoin achievements, two of the
>>>>> most vocal opponents to a reasonable blocksize increase work for a co=
mpany
>>>>> (Blockstream) that stands to profit directly from artificially limiti=
ng the
>>>>> blocksize. The whole situation reeks. Because of such a blatant confl=
ict of
>>>>> interest, the ethical thing to do would be for them to either resign =
from
>>>>> Blockstream or immediately withdraw themselves from the blocksize deb=
ate.
>>>>> This is the type of stuff that I hoped would end with Bitcoin, but al=
as, I
>>>>> guess human nature never changes.
>>>>>
>>>>>
>>>>> For the record, I do not work for Blockstream. Neither do a bunch of
>>>>> other people who have published a number of concerns. Very few of the
>>>>> concerns I=E2=80=99ve seen from the technical community seem to be mo=
tivated
>>>>> primarily by profit motives.
>>>>>
>>>>> It should also be pointed out that *not* making drastic changes is th=
e
>>>>> default consensus policy=E2=80=A6and the burden of justifying a chang=
e falls on
>>>>> those who want to make the change. Again, the risk of permanent ledge=
r
>>>>> forks far outweighs whatever benefits protocol changes might bring.
>>>>>
>>>>> Personally, I think miners should give Bitcoin XT a serious look.
>>>>> Miners need to realize that they are in direct competition with the
>>>>> lightning network and sidechains for fees. Miners, ask yourselves if =
you
>>>>> think you'll earn more fees with 1 MB blocks and more off-chain
>>>>> transactions or with 8 MB blocks and more on-chain transactions=E2=80=
=A6
>>>>>
>>>>>
>>>>> Miners are NOT in direct competition with the lightning network and
>>>>> sidechains - these claims are patently false. I recommend you take a =
look
>>>>> at these ideas and understand them a little better before trying to m=
ake
>>>>> any such claims. Again, I do not work for Blockstream=E2=80=A6and my =
agenda in this
>>>>> post is not to promote either of these ideas=E2=80=A6but with all due=
respect, I do
>>>>> not think you properly understand them at all.
>>>>>
>>>>> The longer this debate drags on, the more I agree with BIP 100 and
>>>>> Jeff Garzik because the core devs are already being influenced by out=
side
>>>>> forces and should not have complete control of the blocksize. It's al=
so
>>>>> interesting to note that most of the mining hashpower is already voti=
ng for
>>>>> 8MB blocks BIP100 style.
>>>>>
>>>>>
>>>>> I don=E2=80=99t think the concern here is so much that some people wa=
nt to
>>>>> increase block size. It=E2=80=99s the *way* in which this change is b=
eing pushed
>>>>> that is deeply problematic.
>>>>>
>>>>> On Sat, Aug 15, 2015 at 5:32 PM, Eric Lombrozo via bitcoin-dev <
>>>>> bitcoin-dev@lists.linuxfoundation.org> wrote:
>>>>>
>>>>>> You deeply disappoint me, Mike.
>>>>>>
>>>>>> Not only do you misrepresent many cogent, well thought out positions
>>>>>> from a great number of people who have published and posted a number=
of
>>>>>> articles detailing an explaining in-depth technical concerns=E2=80=
=A6you also seem
>>>>>> to fancy yourself more capable of reading into the intentions of som=
eone
>>>>>> who disappeared from the scene years ago, before we even were fully =
aware
>>>>>> of many things we now know that bring the original =E2=80=9Cplan=E2=
=80=9D into question.
>>>>>>
>>>>>> I ask of you, as a civilized human being, to stop doing this divisiv=
e
>>>>>> crap. Despite your protestations to the contrary, YOU are the one wh=
o is
>>>>>> proposing a radical departure from the direction of the project. Als=
o, as
>>>>>> several of us have clearly stated before, equating the fork of an op=
en
>>>>>> source project with a fork of a cryptoledger is completely bogus - t=
here=E2=80=99s
>>>>>> a lot of other people=E2=80=99s money at stake. This isn=E2=80=99t a=
democracy - consensus
>>>>>> is all or nothing. The fact that a good number of the people most
>>>>>> intimately familiar with the inner workings of Satoshi=E2=80=99s inv=
ention do not
>>>>>> believe doing this is a good idea should give you pause.
>>>>>>
>>>>>> Please stop using Bitcoin as your own political football=E2=80=A6for=
the sake
>>>>>> of Bitcoin=E2=80=A6and for your own sake. Despite your obvious techn=
ical abilities
>>>>>> (and I sincerely do believe you have them) you are discrediting your=
self
>>>>>> and hurting your own reputation.
>>>>>>
>>>>>>
>>>>>> - Eric
>>>>>>
>>>>>> On Aug 15, 2015, at 10:02 AM, Mike Hearn via bitcoin-dev <
>>>>>> bitcoin-dev@lists.linuxfoundation.org> wrote:
>>>>>>
>>>>>> Hello,
>>>>>>
>>>>>> As promised, we have released Bitcoin XT 0.11A which includes the
>>>>>> bigger blocks patch set. You can get it from
>>>>>>
>>>>>> https://bitcoinxt.software/
>>>>>>
>>>>>> I feel sad that it's come to this, but there is no other way. The
>>>>>> Bitcoin Core project has drifted so far from the principles myself a=
nd many
>>>>>> others feel are important, that a fork is the only way to fix things=
.
>>>>>>
>>>>>> Forking is a natural thing in the open source community, Bitcoin is
>>>>>> not the first and won't be the last project to go through this. Ofte=
n in
>>>>>> forks, people say there was insufficient communication. So to ensure
>>>>>> everything is crystal clear I've written a blog post and a kind of
>>>>>> "manifesto" to describe why this is happening and how XT plans to be
>>>>>> different from Core (assuming adoption, of course).
>>>>>>
>>>>>> The article is here:
>>>>>>
>>>>>>
>>>>>> https://medium.com/@octskyward/why-is-bitcoin-forking-d647312d22c1
>>>>>>
>>>>>> It makes no attempt to be neutral: this explains things from our
>>>>>> point of view.
>>>>>>
>>>>>> The manifesto is on the website.
>>>>>>
>>>>>> I say to all developers on this list: if you also feel that Core is
>>>>>> no longer serving the interests of Bitcoin users, come join us. We d=
on't
>>>>>> bite.
>>>>>>
>>>>>> _______________________________________________
>>>>>> bitcoin-dev mailing list
>>>>>> bitcoin-dev@lists.linuxfoundation.org
>>>>>> https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev
>>>>>>
>>>>>>
>>>>>>
>>>>>> _______________________________________________
>>>>>> bitcoin-dev mailing list
>>>>>> bitcoin-dev@lists.linuxfoundation.org
>>>>>> https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev
>>>>>>
>>>>>>
>>>>> _______________________________________________
>>>>> bitcoin-dev mailing list
>>>>> bitcoin-dev@lists.linuxfoundation.org
>>>>> https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev
>>>>>
>>>>>
>>>>>
>>>>
>>>> _______________________________________________
>>>> bitcoin-dev mailing list
>>>> bitcoin-dev@lists.linuxfoundation.org
>>>> https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev
>>>>
>>>>
>> _______________________________________________
>> bitcoin-dev mailing list
>> bitcoin-dev@lists.linuxfoundation.org
>> https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev
>>
>>
>>
>> _______________________________________________
>> bitcoin-dev mailing list
>> bitcoin-dev@lists.linuxfoundation.org
>> https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev
>>
>>
>
--001a11c282c0e244d2051d625412
Content-Type: text/html; charset=UTF-8
Content-Transfer-Encoding: quoted-printable
<div dir=3D"ltr">Let's start with the definition of a conflict of inter=
est before we go any further:<br><span class=3D"_Tgc">A <b>conflict of inte=
rest</b> (COI) is a situation in
which a person or organization is involved in multiple interests=20
(financial, emotional, or otherwise), one of which could possibly=20
corrupt the motivation of the individual or organization.</span><br><div><b=
r>Just because a conflict of interest exists does not necessarily mean the =
individual <span class=3D"_Tgc"></span>with a conflict of interest has enga=
ged in any wrongdoing. They could be a saint. However, to not even be able =
to acknowledge that such a conflict of interest exists when debating such a=
serious issue as the bitcoin blocksize is incredibly naive. <br><div><div =
class=3D"gmail_extra"><br><div class=3D"gmail_quote">On Sat, Aug 15, 2015 a=
t 7:40 PM, Mark Friedenbach <span dir=3D"ltr"><<a href=3D"mailto:mark@fr=
iedenbach.org" target=3D"_blank">mark@friedenbach.org</a>></span> wrote:=
<br><blockquote class=3D"gmail_quote" style=3D"margin:0 0 0 .8ex;border-lef=
t:1px #ccc solid;padding-left:1ex"><div dir=3D"ltr"><div>Baseless accusatio=
ns also have no place on this mailing list. They are unprofessional, and po=
isonous to the consensus-building process we all seek to engage in.<br><br>=
</div>The Lightning Network effort at Blockstream is purposefully structure=
d to avoid any conflict of interest. ALL code related to lightning is avail=
able on Github. There is absolutely nothing that we are holding back, and t=
he protocol itself is entirely p2p. There is no privileged entity, Blockstr=
eam or otherwise.<br></div><div class=3D"gmail_extra"><br><div class=3D"gma=
il_quote">On Sat, Aug 15, 2015 at 4:07 PM, Eric Lombrozo via bitcoin-dev <s=
pan dir=3D"ltr"><<a href=3D"mailto:bitcoin-dev@lists.linuxfoundation.org=
" target=3D"_blank">bitcoin-dev@lists.linuxfoundation.org</a>></span> wr=
ote:<br><blockquote class=3D"gmail_quote" style=3D"margin:0 0 0 .8ex;border=
-left:1px #ccc solid;padding-left:1ex"><div style=3D"word-wrap:break-word">=
Please take the lightning 101 discussion to another thread.<div><br></div><=
div>The main point I was trying to make was that Mike is clearly misreprese=
nting the views of a great number of people who have deep, intimate knowled=
ge of how things work and are almost certainly not primarily motivated by t=
heir own potential for profits.</div><div><div><div><br><div><blockquote ty=
pe=3D"cite"><div>On Aug 15, 2015, at 4:04 PM, Ken Friece via bitcoin-dev &l=
t;<a href=3D"mailto:bitcoin-dev@lists.linuxfoundation.org" target=3D"_blank=
">bitcoin-dev@lists.linuxfoundation.org</a>> wrote:</div><br><div><div d=
ir=3D"ltr">Being an early hub provider would be an obvious place to start c=
apitalizing on lightning. Early lightning adopters would be in the best pos=
ition to do this.<br><div><div class=3D"gmail_extra"><br></div><div class=
=3D"gmail_extra">Long term, Bitcoin needs to scale the blockchain in a reas=
onable manner and implement things like lightning. <br><br></div><div class=
=3D"gmail_extra">Limiting the blocksize is a blatant conflict of interest b=
ecause it creates artificial demand for lightning that would not otherwise =
exist if the blockchain scaled in a reasonable manner.<br></div><div class=
=3D"gmail_extra"><br><div class=3D"gmail_quote">On Sat, Aug 15, 2015 at 6:5=
5 PM, Mark Friedenbach <span dir=3D"ltr"><<a href=3D"mailto:mark@frieden=
bach.org" target=3D"_blank">mark@friedenbach.org</a>></span> wrote:<br><=
blockquote class=3D"gmail_quote" style=3D"margin:0 0 0 .8ex;border-left:1px=
#ccc solid;padding-left:1ex"><p dir=3D"ltr">I would like very much to know=
how it is that we're supposed to be making money off of lightning, and=
therefore how it represents a conflict of interest. Apparently there is to=
ns of money to be made in releasing open-source protocols! I would hate to =
miss out on that.</p><p dir=3D"ltr">We are working on lightning because Mik=
e of all people said, essentially, " if you're so fond of micro pa=
yment channels, why aren't you working on them?" And he was right!=
So we looked around and found the best proposal and funded it.</p>
<div class=3D"gmail_quote">On Aug 15, 2015 3:28 PM, "Ken Friece via bi=
tcoin-dev" <<a href=3D"mailto:bitcoin-dev@lists.linuxfoundation.org=
" target=3D"_blank">bitcoin-dev@lists.linuxfoundation.org</a>> wrote:<br=
type=3D"attribution"><blockquote class=3D"gmail_quote" style=3D"margin:0 0=
0 .8ex;border-left:1px #ccc solid;padding-left:1ex"><div dir=3D"ltr"><div>=
<div>I know full well who works for Blockstream and I know you're not o=
ne of those folks. The Blockstream core devs are very vocal against a reaso=
nable blocksize increase (17% growth per year in Pieter's BIP is not wh=
at I consider reasonable because it doesn't come close to keeping with =
technological increases). I think we can both agree that more on-chain spac=
e means less demand for lightning, and vice versa, which is a blatant confl=
ict of interest.<br><br></div>I'm also trying to figure out how things =
like lightning are not competing directly with miners for fees. More off-ch=
ain transactions means less blockchain demand, which would lower on-chain f=
ees. I'm not sure what is controversial about that statement.<br><br></=
div><div>The lightning network concept is actually a brilliant way to take =
fees away from miners without having to make any investment at all in SSH-2=
56 ASIC mining hardware.<br></div><div><div><div><div class=3D"gmail_extra"=
><br><div class=3D"gmail_quote">On Sat, Aug 15, 2015 at 6:16 PM, Eric Lombr=
ozo <span dir=3D"ltr"><<a href=3D"mailto:elombrozo@gmail.com" target=3D"=
_blank">elombrozo@gmail.com</a>></span> wrote:<br><blockquote class=3D"g=
mail_quote" style=3D"margin:0 0 0 .8ex;border-left:1px #ccc solid;padding-l=
eft:1ex"><div style=3D"word-wrap:break-word"><br><div><blockquote type=3D"c=
ite"><div>On Aug 15, 2015, at 3:01 PM, Ken Friece via bitcoin-dev <<a hr=
ef=3D"mailto:bitcoin-dev@lists.linuxfoundation.org" target=3D"_blank">bitco=
in-dev@lists.linuxfoundation.org</a>> wrote:</div><br><div><div dir=3D"l=
tr"><div><div>What are you so afraid of, Eric? If Mike's fork is succes=
sful, consensus is reached around larger blocks. If it is rejected, the sta=
tus quo will remain for now. Network consensus, NOT CORE DEVELOPER CONSENSU=
S, is the only thing that matters, and those that go against network consen=
sus will be severely punished with complete loss of income.<br></div></div>=
</div></div></blockquote><div><br></div>I fully agree that core developers =
are not the only people who should have a say in this. But again, we=E2=80=
=99re not talking about merely forking some open source project - we=E2=80=
=99re talking about forking a ledger representing real assets that real peo=
ple are holding=E2=80=A6and I think it=E2=80=99s fair to say that the risk =
of permanent ledger forks far outweighs whatever benefits any change in the=
protocol might bring. And this would be true even if there were unanimous =
agreement that the change is good (which there clearly IS NOT in this case)=
but the deployment mechanism could still break things.</div><div><br></div=
><div>If anything we should attempt a hard fork with a less contentious cha=
nge first, just to test deployability.</div><div><div><br></div><blockquote=
type=3D"cite"><div><div dir=3D"ltr"><div><div>I'm not sure who appoint=
ed the core devs some sort of Bitcoin Gods that can hold up any change that=
they happen to disagree with. It seems like the core devs are scared to de=
ath that the bitcoin network may change without their blessing, so they go =
on and on about how terrible hard forks are. Hard forks are the only way to=
keep core devs in check.</div></div></div></div></blockquote><div><br></di=
v><div>Again, let=E2=80=99s figure out a hard fork mechanism and test it wi=
th a far less contentious change first</div><br><blockquote type=3D"cite"><=
div><div dir=3D"ltr"><div>Despite significant past technical bitcoin achiev=
ements, two of the most vocal opponents to a reasonable blocksize increase =
work for a company (Blockstream) that stands to profit directly from artifi=
cially limiting the blocksize. The whole situation reeks. Because of such a=
blatant conflict of interest, the ethical thing to do would be for them to=
either resign from Blockstream or immediately withdraw themselves from the=
blocksize debate. This is the type of stuff that I hoped would end with Bi=
tcoin, but alas, I guess human nature never changes.<br></div></div></div><=
/blockquote><div><br></div><div>For the record, I do not work for Blockstre=
am. Neither do a bunch of other people who have published a number of conce=
rns. Very few of the concerns I=E2=80=99ve seen from the technical communit=
y seem to be motivated primarily by profit motives.</div><div><br></div><di=
v>It should also be pointed out that *not* making drastic changes is the de=
fault consensus policy=E2=80=A6and the burden of justifying a change falls =
on those who want to make the change. Again, the risk of permanent ledger f=
orks far outweighs whatever benefits protocol changes might bring.</div><br=
><blockquote type=3D"cite"><div><div dir=3D"ltr"><div>Personally, I think m=
iners should give Bitcoin XT a serious look. Miners need to realize that th=
ey are in direct competition with the lightning network and sidechains for =
fees. Miners, ask yourselves if you think you'll earn more fees with 1 =
MB blocks and more off-chain transactions or with 8 MB blocks and more on-c=
hain transactions=E2=80=A6<br></div></div></div></blockquote><div><br></div=
>Miners are NOT in direct competition with the lightning network and sidech=
ains - these claims are patently false. I recommend you take a look at thes=
e ideas and understand them a little better before trying to make any such =
claims. Again, I do not work for Blockstream=E2=80=A6and my agenda in this =
post is not to promote either of these ideas=E2=80=A6but with all due respe=
ct, I do not think you properly understand them at all.<br><br><blockquote =
type=3D"cite"><div><div dir=3D"ltr"><div>The longer this debate drags on, t=
he more I agree with BIP 100 and Jeff Garzik because the core devs are alre=
ady being influenced by outside forces and should not have complete control=
of the blocksize. It's also interesting to note that most of the minin=
g hashpower is already voting for 8MB blocks BIP100 style. =C2=A0</div></di=
v></div></blockquote><div><br></div>I don=E2=80=99t think the concern here =
is so much that some people want to increase block size. It=E2=80=99s the *=
way* in which this change is being pushed that is deeply problematic.</div>=
<div><br><blockquote type=3D"cite"><div><div dir=3D"ltr"><div><div><div><di=
v class=3D"gmail_extra"><div class=3D"gmail_quote">On Sat, Aug 15, 2015 at =
5:32 PM, Eric Lombrozo via bitcoin-dev <span dir=3D"ltr"><<a href=3D"mai=
lto:bitcoin-dev@lists.linuxfoundation.org" target=3D"_blank">bitcoin-dev@li=
sts.linuxfoundation.org</a>></span> wrote:<br><blockquote class=3D"gmail=
_quote" style=3D"margin:0 0 0 .8ex;border-left:1px #ccc solid;padding-left:=
1ex"><div style=3D"word-wrap:break-word"><div>You deeply disappoint me, Mik=
e.</div><div><br></div><div>Not only do you misrepresent many cogent, well =
thought out positions from a great number of people who have published and =
posted a number of articles detailing an explaining in-depth technical conc=
erns=E2=80=A6you also seem to fancy yourself more capable of reading into t=
he intentions of someone who disappeared from the scene years ago, before w=
e even were fully aware of many things we now know that bring the original =
=E2=80=9Cplan=E2=80=9D into question.</div><div><br></div><div>I ask of you=
, as a civilized human being, to stop doing this divisive crap. Despite you=
r protestations to the contrary, YOU are the one who is proposing a radical=
departure from the direction of the project. Also, as several of us have c=
learly stated before, equating the fork of an open source project with a fo=
rk of a cryptoledger is completely bogus - there=E2=80=99s a lot of other p=
eople=E2=80=99s money at stake. This isn=E2=80=99t a democracy - consensus =
is all or nothing. The fact that a good number of the people most intimatel=
y familiar with the inner workings of Satoshi=E2=80=99s invention do not be=
lieve doing this is a good idea should give you pause.</div><div><br></div>=
<div>Please stop using Bitcoin as your own political football=E2=80=A6for t=
he sake of Bitcoin=E2=80=A6and for your own sake. Despite your obvious tech=
nical abilities (and I sincerely do believe you have them) you are discredi=
ting yourself and hurting your own reputation.</div><div><br></div><div><br=
></div><div>- Eric</div><div><br></div><div><div><blockquote type=3D"cite">=
<div>On Aug 15, 2015, at 10:02 AM, Mike Hearn via bitcoin-dev <<a href=
=3D"mailto:bitcoin-dev@lists.linuxfoundation.org" target=3D"_blank">bitcoin=
-dev@lists.linuxfoundation.org</a>> wrote:</div><br><div><div dir=3D"ltr=
">Hello,<div><br></div><div>As promised, we have released Bitcoin XT 0.11A =
which includes the bigger blocks patch set. You can get it from</div><div><=
br></div><div>=C2=A0 =C2=A0 =C2=A0<a href=3D"https://bitcoinxt.software/" t=
arget=3D"_blank">https://bitcoinxt.software/</a><br></div><div><br></div><d=
iv>I feel sad that it's come to this, but there is no other way. The Bi=
tcoin Core project has drifted so far from the principles myself and many o=
thers feel are important, that a fork is the only way to fix things.</div><=
div><br></div><div>Forking is a natural thing in the open source community,=
Bitcoin is not the first and won't be the last project to go through t=
his. Often in forks, people say there was insufficient communication. So to=
ensure everything is crystal clear I've written a blog post and a kind=
of "manifesto" to describe why this is happening and how XT plan=
s to be different from Core (assuming adoption, of course).</div><div><br><=
/div><div>The article is here:</div><div><br></div><div>=C2=A0 =C2=A0 <a hr=
ef=3D"https://medium.com/@octskyward/why-is-bitcoin-forking-d647312d22c1" t=
arget=3D"_blank">https://medium.com/@octskyward/why-is-bitcoin-forking-d647=
312d22c1</a><br></div><div><br></div><div>It makes no attempt to be neutral=
: this explains things from our point of view.</div><div><br></div><div>The=
manifesto is on the website.</div><div><br></div><div>I say to all develop=
ers on this list: if you also feel that Core is no longer serving the inter=
ests of Bitcoin users, come join us. We don't bite.</div><div><br></div=
></div>
_______________________________________________<br>bitcoin-dev mailing list=
<br><a href=3D"mailto:bitcoin-dev@lists.linuxfoundation.org" target=3D"_bla=
nk">bitcoin-dev@lists.linuxfoundation.org</a><br><a href=3D"https://lists.l=
inuxfoundation.org/mailman/listinfo/bitcoin-dev" target=3D"_blank">https://=
lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev</a><br></div></block=
quote></div><br></div></div><br>___________________________________________=
____<br>
bitcoin-dev mailing list<br>
<a href=3D"mailto:bitcoin-dev@lists.linuxfoundation.org" target=3D"_blank">=
bitcoin-dev@lists.linuxfoundation.org</a><br>
<a href=3D"https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev" =
rel=3D"noreferrer" target=3D"_blank">https://lists.linuxfoundation.org/mail=
man/listinfo/bitcoin-dev</a><br>
<br></blockquote></div><br></div></div></div></div></div>
_______________________________________________<br>bitcoin-dev mailing list=
<br><a href=3D"mailto:bitcoin-dev@lists.linuxfoundation.org" target=3D"_bla=
nk">bitcoin-dev@lists.linuxfoundation.org</a><br><a href=3D"https://lists.l=
inuxfoundation.org/mailman/listinfo/bitcoin-dev" target=3D"_blank">https://=
lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev</a><br></div></block=
quote></div><br></div></blockquote></div><br></div></div></div></div></div>
<br>_______________________________________________<br>
bitcoin-dev mailing list<br>
<a href=3D"mailto:bitcoin-dev@lists.linuxfoundation.org" target=3D"_blank">=
bitcoin-dev@lists.linuxfoundation.org</a><br>
<a href=3D"https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev" =
rel=3D"noreferrer" target=3D"_blank">https://lists.linuxfoundation.org/mail=
man/listinfo/bitcoin-dev</a><br>
<br></blockquote></div>
</blockquote></div><br></div></div></div>
_______________________________________________<br>bitcoin-dev mailing list=
<br><a href=3D"mailto:bitcoin-dev@lists.linuxfoundation.org" target=3D"_bla=
nk">bitcoin-dev@lists.linuxfoundation.org</a><br><a href=3D"https://lists.l=
inuxfoundation.org/mailman/listinfo/bitcoin-dev" target=3D"_blank">https://=
lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev</a><br></div></block=
quote></div><br></div></div></div></div><br>_______________________________=
________________<br>
bitcoin-dev mailing list<br>
<a href=3D"mailto:bitcoin-dev@lists.linuxfoundation.org" target=3D"_blank">=
bitcoin-dev@lists.linuxfoundation.org</a><br>
<a href=3D"https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev" =
rel=3D"noreferrer" target=3D"_blank">https://lists.linuxfoundation.org/mail=
man/listinfo/bitcoin-dev</a><br>
<br></blockquote></div><br></div>
</blockquote></div><br></div></div></div></div>
--001a11c282c0e244d2051d625412--
|