From mboxrd@z Thu Jan 1 00:00:00 1970 Received: from sog-mx-3.v43.ch3.sourceforge.com ([172.29.43.193] helo=mx.sourceforge.net) by sfs-ml-4.v29.ch3.sourceforge.com with esmtp (Exim 4.76) (envelope-from ) id 1VqQ9l-0004lN-QL for bitcoin-development@lists.sourceforge.net; Tue, 10 Dec 2013 16:27:33 +0000 Received-SPF: pass (sog-mx-3.v43.ch3.sourceforge.com: domain of gmail.com designates 209.85.213.52 as permitted sender) client-ip=209.85.213.52; envelope-from=jameson.lopp@gmail.com; helo=mail-yh0-f52.google.com; Received: from mail-yh0-f52.google.com ([209.85.213.52]) by sog-mx-3.v43.ch3.sourceforge.com with esmtps (TLSv1:RC4-SHA:128) (Exim 4.76) id 1VqQ9l-0007fO-45 for bitcoin-development@lists.sourceforge.net; Tue, 10 Dec 2013 16:27:33 +0000 Received: by mail-yh0-f52.google.com with SMTP id i72so3962374yha.11 for ; Tue, 10 Dec 2013 08:27:27 -0800 (PST) X-Received: by 10.236.115.73 with SMTP id d49mr20425366yhh.12.1386692847542; Tue, 10 Dec 2013 08:27:27 -0800 (PST) Received: from [192.168.119.206] (BRONTO-SOFT.car1.Raleigh1.Level3.net. [4.59.160.2]) by mx.google.com with ESMTPSA id w45sm23201439yhk.4.2013.12.10.08.27.26 for (version=TLSv1 cipher=ECDHE-RSA-RC4-SHA bits=128/128); Tue, 10 Dec 2013 08:27:27 -0800 (PST) Message-ID: <52A740EE.1020605@gmail.com> Date: Tue, 10 Dec 2013 11:27:26 -0500 From: Jameson Lopp User-Agent: Mozilla/5.0 (X11; Linux x86_64; rv:24.0) Gecko/20100101 Thunderbird/24.1.1 MIME-Version: 1.0 To: bitcoin-development@lists.sourceforge.net References: In-Reply-To: X-Enigmail-Version: 1.6 Content-Type: text/plain; charset=UTF-8 Content-Transfer-Encoding: 8bit X-Spam-Score: -1.6 (-) X-Spam-Report: Spam Filtering performed by mx.sourceforge.net. See http://spamassassin.org/tag/ for more details. -1.5 SPF_CHECK_PASS SPF reports sender host as permitted sender for sender-domain 0.0 FREEMAIL_FROM Sender email is commonly abused enduser mail provider (jameson.lopp[at]gmail.com) -0.0 SPF_PASS SPF: sender matches SPF record -0.1 DKIM_VALID_AU Message has a valid DKIM or DK signature from author's domain 0.1 DKIM_SIGNED Message has a DKIM or DK signature, not necessarily valid -0.1 DKIM_VALID Message has at least one valid DKIM or DK signature X-Headers-End: 1VqQ9l-0007fO-45 Subject: Re: [Bitcoin-development] Popularity based mining (variable block reward) 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: Tue, 10 Dec 2013 16:27:34 -0000 "no reliance on external data" ... "depending on various factors (coin valuation/exchange rate" ಠ_ಠ -- Jameson Lopp Software Engineer Bronto Software On 12/10/2013 11:23 AM, Jan Kučera wrote: > Basically there would be no reliance on external data as the network itself > would decide on reward height and everybody node would be free to do so. > Each network node would determine the popularity on its own depending on > various factors (coin valuation/exchange rate, number of transactions and > many others) and basically come up with its own block reward value.