From mboxrd@z Thu Jan 1 00:00:00 1970 Received: from sog-mx-2.v43.ch3.sourceforge.com ([172.29.43.192] helo=mx.sourceforge.net) by sfs-ml-1.v29.ch3.sourceforge.com with esmtp (Exim 4.76) (envelope-from ) id 1Wdadi-000465-Pm for bitcoin-development@lists.sourceforge.net; Fri, 25 Apr 2014 07:33:42 +0000 X-ACL-Warn: Received: from nl.grid.coop ([50.7.166.116]) by sog-mx-2.v43.ch3.sourceforge.com with esmtp (Exim 4.76) id 1Wdadh-0002WG-NQ for bitcoin-development@lists.sourceforge.net; Fri, 25 Apr 2014 07:33:42 +0000 Received: from localhost (localhost [127.0.0.1]) (uid 1000) by nl.grid.coop with local; Fri, 25 Apr 2014 02:33:34 -0500 id 000000000006A341.00000000535A0FCE.00001934 Date: Fri, 25 Apr 2014 02:33:34 -0500 From: Troy Benjegerdes To: Stephen Reed Message-ID: <20140425073334.GV3180@nl.grid.coop> References: <1398382335.20219.YahooMailNeo@web160503.mail.bf1.yahoo.com> Mime-Version: 1.0 Content-Type: text/plain; charset=iso-8859-1 Content-Transfer-Encoding: quoted-printable Content-Disposition: inline In-Reply-To: <1398382335.20219.YahooMailNeo@web160503.mail.bf1.yahoo.com> User-Agent: Mutt/1.5.21 (2010-09-15) X-Mime-Autoconverted: from 8bit to quoted-printable by courier 0.68.2 X-Spam-Score: -0.7 (/) X-Spam-Report: Spam Filtering performed by mx.sourceforge.net. See http://spamassassin.org/tag/ for more details. -0.7 RP_MATCHES_RCVD Envelope sender domain matches handover relay domain X-Headers-End: 1Wdadh-0002WG-NQ Cc: "bitcoin-development@lists.sourceforge.net" Subject: Re: [Bitcoin-development] Proof-of-Stake branch? 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: Fri, 25 Apr 2014 07:33:42 -0000 Do it. Someone will scream harm. The loudest voices screaming how it woul= d be harmful are doing the most harm. The only way to know is build it, and test it. If the network breaks, the= n it is better we find out sooner rather than later. My only suggestion is call it 'bitstake' or something to clearly differen= tiate it from Bitcoin. This also might be an interesting application of the sid= e chains concept Peter Todd has discussed. On Thu, Apr 24, 2014 at 04:32:15PM -0700, Stephen Reed wrote: > Hello all. >=20 > I understand that Proof-of-Stake as a replacement for Proof-of-Work is = a prohibited yet disputed change to Bitcoin Core. I would like to create = a Bitcoin branch that provides a sandboxed testbed for researching the be= st PoS implementations. In the years to come, perhaps circumstances might = arise, such as shifting of user opinion as to whether PoS should be moved = from the prohibited list to the hard-fork list. > ----- >=20 > A poll I conducted today on bitcointalk,=A0https://bitcointalk.org/inde= x.php?topic=3D581635.0=A0with an attention-grabbing title suggests some m= inority support for Bitcoin Proof-of-Stake. I invite any of you to critic= ally comment on that thread. >=20 > "Annual 10% bitcoin dividends can be ours if Proof-of-Stake full nodes = outnumber existing Proof-of-Work full nodes by three-to-one. What is your = choice?" >=20 > "I do not care or do not know enough." - 5 (16.1%)=A0 > "I would download and run the existing Proof-of-Work program to fight t= he change." - 14 (45.2%)=A0 > "I would download and run the new Proof-of-Stake program to favor the c= hange. " - 12 (38.7%)=A0 > Total Voters: 31=20 > ----- >=20 > Before I branch the source code and learn the proper way of doing thing= s in this community, I ask you simply if creating the branch is harmful? = My goal is to develop, test and document PoS, while exploring its vulnera= bilities and fixing them in a transparent fashion. >=20 > Thanks for taking a bit of your time to read this message. --=20 -------------------------------------------------------------------------= --- Troy Benjegerdes 'da hozer' hozer@hozed.= org 7 elements earth::water::air::fire::mind::spirit::soul grid.c= oop Never pick a fight with someone who buys ink by the barrel, nor try buy a hacker who makes money by the megahash