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 DBA93409 for ; Sat, 22 Aug 2015 11:01:11 +0000 (UTC) X-Greylist: whitelisted by SQLgrey-1.7.6 Received: from mail-vk0-f68.google.com (mail-vk0-f68.google.com [209.85.213.68]) by smtp1.linuxfoundation.org (Postfix) with ESMTPS id 6A64411E for ; Sat, 22 Aug 2015 11:01:11 +0000 (UTC) Received: by vkd66 with SMTP id 66so3057160vkd.2 for ; Sat, 22 Aug 2015 04:01:10 -0700 (PDT) DKIM-Signature: v=1; a=rsa-sha256; c=relaxed/relaxed; d=gmail.com; s=20120113; h=mime-version:in-reply-to:references:date:message-id:subject:from:to :content-type; bh=cGAfYjabAoJEe6HEqEsn1im3NwUmPOPo7nD58gFSgTk=; b=gWn6gbD4mVYjTOSx5ACsEmlpD/fi8beYWh4J0jf/Zxo6gRQeMjtc1+Ug0btV6CNYoj pUcQa4NKcTz6GcUou8Y7LG2lLzt6WYC+NUqwhPW43NAm0vnXgquc2C6zyDkWFBUQJFxl UsxdXH2F4KFVTJNLiUHMdRYLCWI3rPrLubK0IuIaQyzuBXsRJ7wsC2t3A6oehLsz4H6s bWC44mh/FZUa2Vq56JrbwbzIHG48s+hENha9NKe3YqKe5ngLZd9S1AjU437ehxb7/6wj pw4qavhWOuFAmmFm+M2Fuq56umvmJLJs39KAjt1jzCvW6DPwUVkIgvX976CxR9EYE2kf ktsA== MIME-Version: 1.0 X-Received: by 10.52.243.232 with SMTP id xb8mr16798376vdc.40.1440241270491; Sat, 22 Aug 2015 04:01:10 -0700 (PDT) Received: by 10.31.109.134 with HTTP; Sat, 22 Aug 2015 04:01:10 -0700 (PDT) In-Reply-To: References: Date: Sat, 22 Aug 2015 12:01:10 +0100 Message-ID: From: Ahmed Zsales To: Bitcoin Dev Content-Type: multipart/alternative; boundary=001a11c1d63e518e78051de44db4 X-Spam-Status: No, score=-2.4 required=5.0 tests=BAYES_00,DKIM_SIGNED, DKIM_VALID,DKIM_VALID_AU,FREEMAIL_ENVFROM_END_DIGIT,FREEMAIL_FROM, HTML_MESSAGE,RCVD_IN_DNSWL_LOW 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] BIP 104: Replace Transaction Fees with Data, Discussion Draft 0.2.9 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: Sat, 22 Aug 2015 11:01:12 -0000 --001a11c1d63e518e78051de44db4 Content-Type: text/plain; charset=UTF-8 Hello, In response to public and private comments and feedback, we have updated this working draft. https://drive.google.com/file/d/0BwEbhrQ4ELzBOUVtOHJQdlhvUmc/view?usp=sharing Update highlights: 1. Specific clarifications on replacing the Coinbase subsidy and supplementing *and* not replacing transaction fees. 2. Clarification on block chain overhead. The value of data mining is on a bell curve, so year six data will be removed every year. 3. Added references to an ability to create global, national and regional Bitcoin Price Indices for popular baskets of goods transacted with Bitcoin. 4. Added references for an ability to use structured block chain data for Bitcoin capacity and fork planning. 5. Removed references to price speculation. 6. Added preferences for deployment dates of January 2017 or January 2018. 7. Moving towards BIP format after discussion and evaluation period. Technical content will increase in due course and discussion content will be removed. Further views and feedback welcome. Regards, Ahmed On Mon, Aug 17, 2015 at 5:23 PM, Ahmed Zsales wrote: > Hello, > > Here we propose a long-term solution to replace mining rewards and > transactions fees. > > BIP 104 is currently a discussion draft only. > > > https://drive.google.com/file/d/0BwEbhrQ4ELzBSXpoUjRkc01QUGc/view?usp=sharing > > Views and feedback welcome. > > Regards, > > Ahmed > > --001a11c1d63e518e78051de44db4 Content-Type: text/html; charset=UTF-8 Content-Transfer-Encoding: quoted-printable
Hello,=C2=A0

In response to publi= c and private comments and feedback, we have updated this working draft.

Update = highlights:

1. Specific clarifications on replacin= g the Coinbase subsidy and supplementing and not replacing transacti= on fees.

2. Clarification on block chain overhead.= The value of data mining is on a bell curve, so year six data will be remo= ved every year.

3. Added references to an ability = to create global, national and regional Bitcoin Price Indices for popular b= askets of goods transacted with Bitcoin.

4. Added = references for an ability to use structured block chain data for Bitcoin ca= pacity and fork planning.

5. Removed references to= price speculation.

6. Added preferences for deplo= yment dates of January 2017 or January 2018.

7. Mo= ving towards BIP format after discussion and evaluation period. Technical c= ontent will increase in due course and discussion content will be removed.<= /div>

Further views and feedback welcome.
=
Regards,

Ahmed


= On Mon, Aug 17, 2015 at 5:23 PM, Ahmed Zsales <ahmedzsales18@gmail.c= om> wrote:
Hello,

Here we propose a long-term solution to replace min= ing rewards and transactions fees.

BIP 104 is curr= ently a discussion draft only.=C2=A0

https://drive.google.com/file/d/0BwEbhrQ4ELzBSXpoUjRkc01QU= Gc/view?usp=3Dsharing

Views and feedback welcome= .

Regards,

Ahmed


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