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From: Isidor Zeuner <cryptocurrencies@quidecco.de>
To: patrick <patrick@intersango.com>
Cc: bitcoin-development@lists.sourceforge.net
Subject: Re: [Bitcoin-development] Merged mining a side chain with proof of burn on parent chain
Date: Mon, 15 Dec 2014 15:55:06 +0100 (CET)	[thread overview]
Message-ID: <20141215145506.54A06E23568@quidecco.de> (raw)
In-Reply-To: <54880492.9060300@intersango.com>

> The goal is to have an opportunity cost to breaking the rules.
>
> Proof of Burn is a real cost for following the rules.
>

For every participant who could try to decide about the adequateness
of the cost, no direct effect comes from the difference between Proof
of Burn, and approaches which keep the Bitcoins inside the set of
outputs that can still participate. So, any notion which
differentiates with respect to this must make some assumption about
what defines the interest of the Bitcoin nodes as a community.

Best regards,

Isidor



  parent reply	other threads:[~2014-12-15 14:55 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 [this message]
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     ` [Bitcoin-development] Merged mining a side chain with proof of burn on parent chain Isidor Zeuner
2014-12-11 14:56       ` 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

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