From: Patrick Strateman <patrick.strateman@gmail.com>
To: bitcoin-dev@lists.linuxfoundation.org
Subject: Re: [bitcoin-dev] Scaling by Partitioning
Date: Tue, 8 Dec 2015 12:50:08 -0800 [thread overview]
Message-ID: <56674280.3010003@gmail.com> (raw)
In-Reply-To: <CABCnA7Wqz76m8qo5BYT41Z=hBH+fUfOc4xsFAGg=Niv7Jgkqsg@mail.gmail.com>
[-- Attachment #1: Type: text/plain, Size: 2116 bytes --]
Payment recipients would need to operate a daemon for each chain, thus
guaranteeing no scaling advantage.
(There are other issues, but I believe that to be enough of a show
stopper not to continue).
On 12/08/2015 08:27 AM, Akiva Lichtner via bitcoin-dev wrote:
> Hello,
>
> I am seeking some expert feedback on an idea for scaling Bitcoin. As a
> brief introduction: I work in the payment industry and I have twenty
> years' experience in development. I have some experience with process
> groups and ordering protocols too. I think I understand Satoshi's
> paper but I admit I have not read the source code.
>
> The idea is to run more than one simultaneous chain, each chain
> defeating double spending on only part of the coin. The coin would be
> partitioned by radix (or modulus, not sure what to call it.) For
> example in order to multiply throughput by a factor of ten you could
> run ten parallel chains, one would work on coin that ends in "0", one
> on coin that ends in "1", and so on up to "9".
>
> The number of chains could increase automatically over time based on
> the moving average of transaction volume.
>
> Blocks would have to contain the number of the partition they belong
> to, and miners would have to round-robin through partitions so that an
> attacker would not have an unfair advantage working on just one partition.
>
> I don't think there is much impact to miners, but clients would have
> to send more than one message in order to spend money. Client messages
> will need to enumerate coin using some sort of compression, to save
> space. This seems okay to me since often in computing client software
> does have to break things up in equal parts (e.g. memory pages, file
> system blocks,) and the client software could hide the details.
>
> Best wishes for continued success to the project.
>
> Regards,
> Akiva
>
> P.S. I found a funny anagram for SATOSHI NAKAMOTO: "NSA IS OOOK AT MATH"
>
>
>
> _______________________________________________
> bitcoin-dev mailing list
> bitcoin-dev@lists.linuxfoundation.org
> https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev
[-- Attachment #2: Type: text/html, Size: 4075 bytes --]
next prev parent reply other threads:[~2015-12-08 20:49 UTC|newest]
Thread overview: 16+ messages / expand[flat|nested] mbox.gz Atom feed top
2015-12-08 16:27 [bitcoin-dev] Scaling by Partitioning Akiva Lichtner
2015-12-08 16:45 ` Bryan Bishop
2015-12-08 18:30 ` Akiva Lichtner
2015-12-08 20:50 ` Patrick Strateman [this message]
2015-12-08 21:23 ` Akiva Lichtner
2015-12-08 21:29 ` Patrick Strateman
2015-12-08 21:41 ` Akiva Lichtner
2015-12-09 6:30 ` Loi Luu
2015-12-09 18:26 ` Akiva Lichtner
2015-12-09 21:16 ` Loi Luu
2015-12-10 4:04 ` Akiva Lichtner
2015-12-09 22:35 ` Andrew
2015-12-10 3:58 ` Akiva Lichtner
2015-12-10 4:31 ` Bryan Bishop
2015-12-10 4:08 ` Dave Scotese
2015-12-10 4:14 ` Dave Scotese
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=56674280.3010003@gmail.com \
--to=patrick.strateman@gmail.com \
--cc=bitcoin-dev@lists.linuxfoundation.org \
/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