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 C328271 for ; Mon, 3 Oct 2016 06:17:28 +0000 (UTC) X-Greylist: whitelisted by SQLgrey-1.7.6 Received: from mail-ua0-f173.google.com (mail-ua0-f173.google.com [209.85.217.173]) by smtp1.linuxfoundation.org (Postfix) with ESMTPS id BEA6E117 for ; Mon, 3 Oct 2016 06:17:27 +0000 (UTC) Received: by mail-ua0-f173.google.com with SMTP id v7so67483861uaa.0 for ; Sun, 02 Oct 2016 23:17:27 -0700 (PDT) DKIM-Signature: v=1; a=rsa-sha256; c=relaxed/relaxed; d=jtimon-cc.20150623.gappssmtp.com; s=20150623; h=mime-version:in-reply-to:references:from:date:message-id:subject:to; bh=rECCjFmfhRg0LR0RuDiIFxgx9RAom6Z5lkbFy5WwjEE=; b=ZNrXgd+j0BIGfkqQ7kbUky9mbiE5C6/Z+zePNUj3B8xJId733hAePehUr3tlxncCBW 8EPjpbGU3XLyA6phbpKmSmUinHe3lrUFt8KBHeHqm+H1wPoPaaw41bU+lbLKwr4RPo5M agOD04gFP6Ir4RfA+p2KS7FnZCAdTXXE7hTop8xSsbLp6Y7AuYJB/AQtbupuUKB5Gati Y9i/BO2fZ1/GiKfJJ3avmvsREXg59svkCb8GgmFjqcux9nuiXgfsnVR6nbYbAPVljhrs Le2shXcHkB4qy9bRmsxeerOoVGPwSVRK/9pJp7SxH8xxaQrAO0VmpErXsrxIycXSD06X 8hFQ== X-Google-DKIM-Signature: v=1; a=rsa-sha256; c=relaxed/relaxed; d=1e100.net; s=20130820; h=x-gm-message-state:mime-version:in-reply-to:references:from:date :message-id:subject:to; bh=rECCjFmfhRg0LR0RuDiIFxgx9RAom6Z5lkbFy5WwjEE=; b=YHwBAd9e/F8GonSTFCUXA66xXh4EOKgGJh3x+HGBnVcUpApAGzuo+8O4575by9hbV9 h5ukkH5H60/EdYe7iJ0F7SjrCJ9EU+c8H2kdQs8gBYuoqPRBhuidr5SxdNurALYBrs7f Va4Ny6kOex4yojtTpd2qjY20JEL0OjNvHsGClKl09Td5uwZKtxsn00XoLfzaULDeD5fL bJwqgZNtwm2/weq9uK8XzQtGyCdq94UOt71Wian7PfdQsEy3ByRHMshMF9dyxc8sAhx9 14GQM/PPRa+/Uojk65Jc1PPGDSuwlst/R1pbB6cgvsgtkAZKsc3avdoEMiRDWFoYwNEa cEpw== X-Gm-Message-State: AA6/9RmnxJPIvQjuwBgZxROyv0FGnOJpiDHDXwo/Lp1L3WthJYaZCBHGg64CDwiV9KpkE8+z8d2QTzRPNtffqQ== X-Received: by 10.176.0.176 with SMTP id 45mr6305192uaj.90.1475475446848; Sun, 02 Oct 2016 23:17:26 -0700 (PDT) MIME-Version: 1.0 Received: by 10.31.155.136 with HTTP; Sun, 2 Oct 2016 23:17:25 -0700 (PDT) Received: by 10.31.155.136 with HTTP; Sun, 2 Oct 2016 23:17:25 -0700 (PDT) In-Reply-To: References: From: =?UTF-8?B?Sm9yZ2UgVGltw7Nu?= Date: Mon, 3 Oct 2016 08:17:25 +0200 Message-ID: To: Bitcoin Dev , Sergio Demian Lerner Content-Type: multipart/alternative; boundary=001a113dd198e2765f053defe56d X-Spam-Status: No, score=-1.4 required=5.0 tests=BAYES_00,DKIM_SIGNED, DKIM_VALID, HTML_MESSAGE, RCVD_IN_DNSWL_NONE, RCVD_IN_SORBS_SPAM autolearn=no version=3.3.1 X-Spam-Checker-Version: SpamAssassin 3.3.1 (2010-03-16) on smtp1.linux-foundation.org Subject: Re: [bitcoin-dev] The use OP_COUNT_ACKS for paying for a common good for miners X-BeenThere: bitcoin-dev@lists.linuxfoundation.org X-Mailman-Version: 2.1.12 Precedence: list List-Id: Bitcoin Protocol Discussion List-Unsubscribe: , List-Archive: List-Post: List-Help: List-Subscribe: , X-List-Received-Date: Mon, 03 Oct 2016 06:17:28 -0000 --001a113dd198e2765f053defe56d Content-Type: text/plain; charset=UTF-8 When would miners vote no to receive more funds? Also, why would they spend the funds buying X once they get them? On Oct 3, 2016 00:58, "Sergio Demian Lerner via bitcoin-dev" < bitcoin-dev@lists.linuxfoundation.org> wrote: > One side benefit of OP_COUNT_ACKS is that it enables a completely > different use case: > > It allow users to pay for any service miners can provide as group for the > common good (e.g. fee payment smoothing over many blocks). For instance, > users could pay miners to jointly buy better Internet service to improve > bandwidth or reduce latency between them. > > By sending bitcoins to a script containing OP_COUNT_ACKS requiring 51% of > miners approval and adding a special text tag to such outputs such as > "FOR-MINERS-TO-BUY-X", users can send bitcoins to miners and ask the > majority of them to vote on the proposal, if accepted create a transaction > to redeem those funds. This could help to address the so-called tragedy of > the commons problem that Bitcoin may face in in long-term, by users > crowdfunding mining of the following n blocks. > > > _______________________________________________ > bitcoin-dev mailing list > bitcoin-dev@lists.linuxfoundation.org > https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev > > --001a113dd198e2765f053defe56d Content-Type: text/html; charset=UTF-8 Content-Transfer-Encoding: quoted-printable

When would miners vote no to receive more funds?
Also, why would they spend the funds buying X once they get them?


On Oct 3, 2016 00= :58, "Sergio Demian Lerner via bitcoin-dev" <bitcoin-dev@lists.linuxfoundation.o= rg> wrote:
One side benefit of OP_COUNT_ACKS is that it enables a compl= etely different use case:

It allow users to pay for any service mine= rs can provide as group for the common good (e.g. fee payment smoothing ove= r many blocks). For instance, users could pay miners to jointly buy better = Internet service to improve bandwidth or reduce latency between them.
= =C2=A0
By sending bitcoins to a script containing OP_COUNT_ACKS requirin= g 51% of miners approval and adding a special text tag to such outputs such= as=C2=A0 "FOR-MINERS-TO-BUY-X", users can send bitcoins to miner= s and ask the majority of them to vote on the proposal, if accepted create = a transaction to redeem those funds. This could help to address the so-call= ed tragedy of the commons problem that Bitcoin may face in in long-term, by= users crowdfunding mining of the following n blocks.


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bitcoin-dev mailing list
bitcoin-dev@lists.= linuxfoundation.org
https://lists.linuxfoundation.org= /mailman/listinfo/bitcoin-dev

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