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From: Chris Pacia <ctpacia@gmail.com>
To: Paul Sztorc <truthcoin@gmail.com>,
	 Bitcoin Protocol Discussion
	<bitcoin-dev@lists.linuxfoundation.org>
Subject: Re: [bitcoin-dev] Two Drivechain BIPs
Date: Mon, 4 Dec 2017 14:36:31 -0500	[thread overview]
Message-ID: <CAB+qUq4wNv=-ZSibUvVCwYSE7Qw8xe8EH91KG6znUp1d7X=mdA@mail.gmail.com> (raw)
In-Reply-To: <dd2781a6-3e10-9f0c-6ee0-a2c070b7cf67@gmail.com>

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I think you are missing a few things.

First of all, I think the security model for sidechains is the same as
that of every blockchain

People will say things, like "but with sidechains 51% hashrate can steal
your coins!", but as I have repeated many times, this is also true of
mainchain btc-tx.  is something else?


There are substantial opportunity costs as well as a collective action
problem when it comes to re-writing the mainchain.

Is there anything similar for drivechains? As far as I can tell there is no
opportunity cost to casting a malicious vote, no repercussions, and no
collective action barrier that needs to be overcome.

Unless I'm missing something I wouldn't liken the security of a drivechain
to that of the mainchain.

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  reply	other threads:[~2017-12-04 19:36 UTC|newest]

Thread overview: 16+ messages / expand[flat|nested]  mbox.gz  Atom feed  top
2017-12-01 18:38 [bitcoin-dev] Two Drivechain BIPs Paul Sztorc
2017-12-03 21:32 ` Matt Corallo
2017-12-04 19:05   ` Paul Sztorc
2017-12-04 19:36     ` Chris Pacia [this message]
2017-12-04 20:11       ` Chris Stewart
2017-12-05 19:55         ` Paul Sztorc
2017-12-07  7:28           ` ZmnSCPxj
2017-12-12 22:16             ` Paul Sztorc
2017-12-05 18:05       ` Paul Sztorc
2017-12-05 18:20         ` AJ West
2017-12-06  4:49         ` ZmnSCPxj
2017-12-06 20:51           ` CryptAxe
2017-12-08 15:40             ` ZmnSCPxj
2017-12-12 22:29           ` Paul Sztorc
2017-12-14  3:24             ` ZmnSCPxj
2017-12-05  7:41   ` Luke Dashjr

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