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From: Adam Back <adam@cypherspace.org>
To: Peter Todd <pete@petertodd.org>
Cc: Bitcoin-Dev <bitcoin-development@lists.sourceforge.net>
Subject: Re: [Bitcoin-development] is there a way to do bitcoin-staging?
Date: Fri, 14 Jun 2013 22:50:31 +0200	[thread overview]
Message-ID: <20130614205031.GB10215@netbook.cypherspace.org> (raw)
In-Reply-To: <20130614192058.GA11509@petertodd.org>

Agreed.  What I mean is a coinbase for parity-priced alt-coin would be
intentionally considered (and required by the alt-coin to be considered) an
invalid bitcoin address, and vice versa.  The difference is for this purpose
it is both valid alt-coin coinbase (as well as unspendable bitcoin
coinbase).

Adam

On Fri, Jun 14, 2013 at 03:20:58PM -0400, Peter Todd wrote:
>On Thu, Jun 13, 2013 at 03:39:32PM +0200, Adam Back wrote:
>> I had one thought towards this which is a different kind of merged mining.
>>
>> I think a "fair" merged mining aiming for price parity would be done by the
>> miner having to choose the altcoin or btc at mine time, and altcoin chain
>> considering btc mine unspendable and bitcoin considering ac unspendable.
>
>One way to look at what you are describing is to say you want to prove
>your sacrifice of potential BTC earnings. That goes back to the PoW
>hashcash stuff I mentioned earlier, and is accomplished by simply mining
>shares with an unspendable coinbase to prove you did work that could
>have resulted in Bitcoins, but didn't.



  reply	other threads:[~2013-06-14 20:50 UTC|newest]

Thread overview: 27+ messages / expand[flat|nested]  mbox.gz  Atom feed  top
2013-05-19 13:23 [Bitcoin-development] is there a way to do bitcoin-staging? Adam Back
2013-05-19 15:08 ` Peter Vessenes
2013-05-20  6:34   ` Alan Reiner
2013-10-14 18:08     ` Adam Back
2013-10-14 18:21       ` Jeff Garzik
2013-11-21 20:22       ` coinscoins
2013-11-21 20:35       ` Melvin Carvalho
2013-11-21 21:11         ` [Bitcoin-development] bitcoin 1.x & 0.x in parallel (Re: is there a way to do bitcoin-staging?) Adam Back
2014-03-16 22:58       ` [Bitcoin-development] 2-way pegging " Adam Back
2014-03-16 23:22         ` Jorge Timón
2014-03-17 15:55         ` Gregory Maxwell
2013-10-14 18:43     ` [Bitcoin-development] is there a way to do bitcoin-staging? Michael Gronager
2013-10-14 20:20       ` Alan Reiner
2013-05-22  3:37   ` zooko
2013-05-22  4:12     ` Jeff Garzik
2013-05-20  7:12 ` Luke-Jr
2013-06-13 13:39 ` Adam Back
2013-06-14 19:20   ` Peter Todd
2013-06-14 20:50     ` Adam Back [this message]
2013-06-14 21:10       ` Luke-Jr
2013-06-14 21:25         ` Andreas Petersson
2013-06-15  0:09           ` Dennison Bertram
2013-06-15  1:57             ` Luke-Jr
2013-06-15  8:43               ` Dennison Bertram
2013-06-15 11:18 ` Melvin Carvalho
2013-06-15 13:26   ` Dennison Bertram
2013-06-16 15:46     ` Dennison Bertram

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