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From: Jannes Faber <j.faber@elevate.nl>
To: Matt Whitlock <bip@mattwhitlock.name>,
	Mark Friedenbach <mark@friedenbach.org>
Cc: bitcoin-development@lists.sourceforge.net
Subject: Re: [Bitcoin-development] User vote in blocksize through fees
Date: Fri, 12 Jun 2015 18:56:57 +0000	[thread overview]
Message-ID: <CABeL=0g5Lq0zpwW2sHTbO+TTj84aJaDH=1wzeQdFVyhHf-QiSg@mail.gmail.com> (raw)
In-Reply-To: <1466351.XXvDcu7nzO@crushinator>

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I'm imagining in Peter's proposal it's not the transaction votes that are
counted but only the votes in the blocks? So miners get to vote but they
risk losing money by having to exclude counter voting transactions. But
garbage transactions are no problem at all.

Note that users that want to cast a vote "pay" for that by increased
confirmation time (on average, hopefully slightly depending on the trend).

On Fri, Jun 12, 2015, 20:27 Matt Whitlock <bip@mattwhitlock.name> wrote:

> On Friday, 12 June 2015, at 11:20 am, Mark Friedenbach wrote:
> > Peter it's not clear to me that your described protocol is free of miner
> > influence over the vote, by artificially generating transactions which
> they
> > claim in their own blocks
>
> Miners could fill their blocks with garbage transactions that agree with
> their vote, but this wouldn't bring them any real income, as they'd be
> paying their own money as fees to themselves. To get real income, miners
> would have to vote in accordance with real users.
>
>
> ------------------------------------------------------------------------------
> _______________________________________________
> Bitcoin-development mailing list
> Bitcoin-development@lists.sourceforge.net
> https://lists.sourceforge.net/lists/listinfo/bitcoin-development
>

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  parent reply	other threads:[~2015-06-12 19:27 UTC|newest]

Thread overview: 42+ messages / expand[flat|nested]  mbox.gz  Atom feed  top
2015-06-12 18:11 [Bitcoin-development] User vote in blocksize through fees Peter Todd
2015-06-12 18:20 ` Mark Friedenbach
2015-06-12 18:26   ` Matt Whitlock
2015-06-12 18:36     ` Peter Todd
2015-06-12 18:56     ` Jannes Faber [this message]
     [not found]       ` <CABr1YTfowMqgDZoWhDXiM0Bd3dwhVo6++FOvLntGc2HkApEbGw@mail.gmail.com>
2015-06-12 20:04         ` Eric Lombrozo
2015-06-12 23:01           ` Vincent Truong
2015-06-12 23:11             ` Luke Dashjr
2015-06-12 23:23           ` Aaron Gustafson
2015-06-12 18:22 ` Matt Whitlock
2015-06-12 18:34   ` Peter Todd
2015-06-12 18:36     ` Matt Whitlock
2015-06-12 18:39       ` Benjamin
2015-06-12 18:47         ` Peter Todd
2015-06-12 18:44       ` Peter Todd
2015-06-12 18:52         ` Matt Whitlock
2015-06-12 18:54         ` Matt Whitlock
2015-06-12 18:56           ` Aaron Gustafson
2015-06-13 22:20 ` Danny Thorpe
2015-06-13 22:24   ` Eric Lombrozo
2015-06-14  4:55   ` Chun Wang
2015-06-14  4:59     ` Jeff Garzik
2015-06-14  5:08     ` Eric Lombrozo
2015-06-14  5:13       ` Jeff Garzik
2015-06-14  5:20         ` Eric Lombrozo
2015-06-14  5:36           ` Jeff Garzik
2015-06-14 10:06             ` Mats Henricson
2015-06-14 10:34               ` Benjamin
2015-06-14 15:07                 ` Jeff Garzik
2015-06-14 21:59                   ` odinn
2015-06-14 20:10                 ` Eric Lombrozo
2015-06-14 14:42               ` Jeff Garzik
2015-06-14 22:26                 ` Mike Hearn
2015-06-15  3:59             ` Eric Lombrozo
2015-06-14  4:16 ` Stephen
2015-06-14  4:50   ` Eric Lombrozo
2015-06-14  4:56   ` Jeff Garzik
2015-06-14  7:19 ` Ashley Holman
2015-06-13 23:57 Raystonn
2015-06-14  4:28 ` odinn
2015-06-14  5:46   ` Aaron Voisine
2015-06-14 21:38     ` odinn

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