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From: Erik Aronesty <erik@q32.com>
To: raymo@riseup.net,
	 Bitcoin Protocol Discussion
	<bitcoin-dev@lists.linuxfoundation.org>
Subject: Re: [bitcoin-dev] Boost Bitcoin circulation, Million Transactions Per Second with stronger privacy
Date: Fri, 18 Jun 2021 09:37:54 -0400	[thread overview]
Message-ID: <CAJowKg+aeWARPDtOrFdwRi2qUuUhSwX-=U3=PY8OUSLgVZzLQA@mail.gmail.com> (raw)
In-Reply-To: <bea8122aea550f1141170829aac252af@riseup.net>

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It is vulnerable to sybil attacks or where the recipient is a victim of a
proxy attack.  If the recipient is not connected to a valid Network, then
double spends could be allowed.

 as long as this protocol is intended for use of transactions around a
dollar or so I don't see that being a financially lucrative attack.

However consider a large department store.  If I put a "fence" around that
store and control all of its outbound peer connections, I can then allow
double spends for the duration of my visit at the store.

In order to defend against this large retailers would have to use
distributed / trusted nodes and certificates.











On Thu, Jun 17, 2021, 4:14 PM raymo via bitcoin-dev <
bitcoin-dev@lists.linuxfoundation.org> wrote:

> Hi,
> I have a proposal for improve Bitcoin TPS and privacy, here is the post.
>
> https://raymo-49157.medium.com/time-to-boost-bitcoin-circulation-million-transactions-per-second-and-privacy-1eef8568d180
> https://bitcointalk.org/index.php?topic=5344020.0
> Can you please read it and share your idea about it.
>
> Cheers
> Raymo
> _______________________________________________
> bitcoin-dev mailing list
> bitcoin-dev@lists.linuxfoundation.org
> https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev
>

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  parent reply	other threads:[~2021-06-18 13:38 UTC|newest]

Thread overview: 41+ messages / expand[flat|nested]  mbox.gz  Atom feed  top
2021-06-16 13:44 [bitcoin-dev] Boost Bitcoin circulation, Million Transactions Per Second with stronger privacy raymo
2021-06-18  1:42 ` Erik Aronesty
2021-06-18 13:44   ` Alex Schoof
2021-06-18 20:00     ` raymo
2021-06-19 21:14       ` Erik Aronesty
2021-06-18 13:37 ` Erik Aronesty [this message]
2021-06-18 20:22   ` raymo
2021-06-20  0:53 ` ZmnSCPxj
2021-06-26 21:54   ` raymo
2021-06-27  4:53     ` ZmnSCPxj
2021-06-27 11:05       ` raymo
2021-06-28  5:20         ` ZmnSCPxj
2021-06-28  6:29           ` raymo
2021-06-28  8:23             ` James Hilliard
2021-06-28  9:52               ` raymo
2021-06-28 11:28                 ` James Hilliard
2021-06-28 16:33                   ` raymo
2021-06-28 15:28             ` ZmnSCPxj
2021-06-28 16:58               ` raymo
2021-06-28 17:58                 ` Alex Schoof
2021-06-28 19:07                   ` raymo
2021-06-29 21:42                     ` ZmnSCPxj
2021-06-30 12:21                       ` raymo
2021-06-28 17:29               ` Tao Effect
2021-06-28 17:38                 ` raymo
2021-06-28 18:05                   ` Ricardo Filipe
2021-06-20  1:59 ` James Hilliard
2021-06-22 18:20   ` Billy Tetrud
2021-07-01 20:11     ` raymo
2021-07-01 20:49       ` Erik Aronesty
2021-07-01 22:15         ` raymo
2021-07-02 17:57           ` Billy Tetrud
2021-07-03  8:02             ` raymo
2021-07-07  3:20               ` Billy Tetrud
2021-07-17 15:50                 ` raymo
2021-07-17 18:54                   ` Tao Effect
2021-08-08  9:11                   ` raymo
2021-08-09  0:03                     ` s7r
2021-08-09 16:22                       ` raymo
     [not found]                         ` <CAL5BAw2f=xJBO743sTb-Cms80ZLsNNbGPAsWsR_Z3JDF51ssoQ@mail.gmail.com>
2021-08-09 20:22                           ` raymo
2022-11-02 17:30                       ` Erik Aronesty

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