public inbox for bitcoindev@googlegroups.com
 help / color / mirror / Atom feed
From: Isidor Zeuner <cryptocurrencies@quidecco.de>
To: Tamas Blummer <tamas@bitsofproof.com>
Cc: Bitcoin Dev <bitcoin-development@lists.sourceforge.net>
Subject: Re: [Bitcoin-development] Merged mining a side chain with proof of burn	on parent chain
Date: Thu, 11 Dec 2014 13:09:16 +0100 (CET)	[thread overview]
Message-ID: <20141211120916.E912EE22B92@quidecco.de> (raw)
In-Reply-To: <417518B4-1E4D-4467-BC87-95C9EAF0C599@bitsofproof.com>

[...]
> The Bitcoin miner will include burn transactions because they offer
> Bitcoin fees. Bitcoin miner can not selectively block side chains
> since the hashes associated with the burn do not disclose which side
> chain or other project they are for. Here you have a “merged
> mining” that does not need Bitcoin miner support or even consent.
>

Miners might decide to block all burn transactions, and other nodes
might decide to stop relaying them. This may be considered as
preferable by all participants who do not want to add more potential
for deflation.

Best regards,

Isidor



  parent reply	other threads:[~2014-12-11 12:09 UTC|newest]

Thread overview: 23+ messages / expand[flat|nested]  mbox.gz  Atom feed  top
2014-12-09 21:14 [Bitcoin-development] ACK NACK utACK "Concept ACK" Sergio Lerner
2014-12-09 21:30 ` Matt Corallo
2014-12-10  6:47   ` Wladimir
2014-12-10  7:35     ` [Bitcoin-development] Merged mining a side chain with proof of burn on parent chain Tamas Blummer
2014-12-10  8:30       ` patrick
2014-12-16  9:55         ` Alex Mizrahi
2014-12-16 12:36           ` Peter Todd
2014-12-15 14:55       ` Isidor Zeuner
2014-12-16  8:28         ` Tamas Blummer
2014-12-16 12:30       ` Tamas Blummer
2014-12-18 16:23         ` Tamas Blummer
2014-12-10  8:21     ` [Bitcoin-development] ACK NACK utACK "Concept ACK" Wladimir
2014-12-10 15:45       ` Austin Walne
2014-12-17  8:44         ` Wladimir
2014-12-10 15:52     ` Jeff Garzik
2014-12-16 23:40       ` Btc Drak
2014-12-11 12:09     ` Isidor Zeuner [this message]
2014-12-11 14:56       ` [Bitcoin-development] Merged mining a side chain with proof of burn on parent chain Tamas Blummer
2014-12-15 10:21         ` Tamas Blummer
2014-12-15 12:39           ` Peter Todd
2014-12-15 13:06             ` Tamas Blummer
2015-02-04 13:54             ` Isidor Zeuner
2015-02-06  1:34               ` Peter Todd

Reply instructions:

You may reply publicly to this message via plain-text email
using any one of the following methods:

* Save the following mbox file, import it into your mail client,
  and reply-to-all from there: mbox

  Avoid top-posting and favor interleaved quoting:
  https://en.wikipedia.org/wiki/Posting_style#Interleaved_style

* Reply using the --to, --cc, and --in-reply-to
  switches of git-send-email(1):

  git send-email \
    --in-reply-to=20141211120916.E912EE22B92@quidecco.de \
    --to=cryptocurrencies@quidecco.de \
    --cc=bitcoin-development@lists.sourceforge.net \
    --cc=tamas@bitsofproof.com \
    /path/to/YOUR_REPLY

  https://kernel.org/pub/software/scm/git/docs/git-send-email.html

* If your mail client supports setting the In-Reply-To header
  via mailto: links, try the mailto: link
Be sure your reply has a Subject: header at the top and a blank line before the message body.
This is a public inbox, see mirroring instructions
for how to clone and mirror all data and code used for this inbox