From mboxrd@z Thu Jan 1 00:00:00 1970 Return-Path: Received: from smtp1.linuxfoundation.org (smtp1.linux-foundation.org [172.17.192.35]) by mail.linuxfoundation.org (Postfix) with ESMTPS id 5ECA28A5 for ; Thu, 20 Aug 2015 12:30:04 +0000 (UTC) X-Greylist: from auto-whitelisted by SQLgrey-1.7.6 Received: from mail.help.org (mail.help.org [70.90.2.18]) by smtp1.linuxfoundation.org (Postfix) with ESMTPS id CBDD763 for ; Thu, 20 Aug 2015 12:30:03 +0000 (UTC) Received: from [10.1.10.25] (B [10.1.10.25]) by mail.help.org with ESMTPA ; Thu, 20 Aug 2015 08:30:01 -0400 References: <55D1167B.1060107@gmail.com> <55D124D7.4050209@gmail.com> <61AD0CE6-014E-44E2-B9C7-00B35D2E09CC@petertodd.org> <55D4A3BD.2060706@sky-ip.org> <55D5AB11.3090307@sky-ip.org> <55D5BAE1.4090101@bitcoins.info> From: Milly Bitcoin To: Bitcoin Dev Message-ID: <55D5C843.5040204@bitcoins.info> Date: Thu, 20 Aug 2015 08:29:55 -0400 User-Agent: Mozilla/5.0 (Windows NT 6.3; WOW64; rv:38.0) Gecko/20100101 Thunderbird/38.1.0 MIME-Version: 1.0 In-Reply-To: Content-Type: text/plain; charset=utf-8; format=flowed Content-Transfer-Encoding: 7bit X-Spam-Status: No, score=-1.9 required=5.0 tests=BAYES_00 autolearn=ham version=3.3.1 X-Spam-Checker-Version: SpamAssassin 3.3.1 (2010-03-16) on smtp1.linux-foundation.org Subject: Re: [bitcoin-dev] Bitcoin XT 0.11A X-BeenThere: bitcoin-dev@lists.linuxfoundation.org X-Mailman-Version: 2.1.12 Precedence: list List-Id: Bitcoin Development Discussion List-Unsubscribe: , List-Archive: List-Post: List-Help: List-Subscribe: , X-List-Received-Date: Thu, 20 Aug 2015 12:30:04 -0000 > Security is provided via POW. POW is only one aspect of security and that algorithm was created by developers and adopted by miners. Developers provide security by creating an algorithm and miners provide security by adopting it. If the developers and miners decided to do something insecure then Bitcoin will be insecure. POW is not some outside force. The security of Bitcoin as a system is a very complex subject that involve a number of factors that are the result of actions by humans. Russ