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From: Benjamin <benjamin.l.cordes@gmail.com>
To: Mike Hearn <mike@plan99.net>
Cc: Bitcoin Dev <bitcoin-development@lists.sourceforge.net>
Subject: Re: [Bitcoin-development] Assurance contracts to fund the network with OP_CHECKLOCKTIMEVERIFY
Date: Fri, 8 May 2015 12:01:31 +0200	[thread overview]
Message-ID: <CAOoPuRZG4CVxcgExKHjDQd+F-w6xr6cJZD7pShbgPJd9CnqTwg@mail.gmail.com> (raw)
In-Reply-To: <CANEZrP2OXSmhLsfvpsQdr0QGbGyJWaAp1F0itu4V_C-E+0gO6A@mail.gmail.com>

Interesting.

1. How do you know who was first? If one node can figure out where
more transactions happen he can gain an advantage by being closer to
him. Mining would not be fair.

2. "A merchant wants to cause block number 1 million to effectively
have a minting fee of 50BTC." - why should he do that? That's the
entire tragedy of the commons problem, no?

On Fri, May 8, 2015 at 11:49 AM, Mike Hearn <mike@plan99.net> wrote:
> Looks like a neat solution, Tier.
>
> ------------------------------------------------------------------------------
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> Deep dive visibility with transaction tracing using APM Insight.
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> _______________________________________________
> Bitcoin-development mailing list
> Bitcoin-development@lists.sourceforge.net
> https://lists.sourceforge.net/lists/listinfo/bitcoin-development
>



  reply	other threads:[~2015-05-08 10:01 UTC|newest]

Thread overview: 9+ messages / expand[flat|nested]  mbox.gz  Atom feed  top
2015-05-07 23:32 [Bitcoin-development] Assurance contracts to fund the network with OP_CHECKLOCKTIMEVERIFY Tier Nolan
2015-05-08  9:49 ` Mike Hearn
2015-05-08 10:01   ` Benjamin [this message]
2015-05-08 14:15     ` Tier Nolan
2015-05-08 14:54       ` Benjamin
2015-05-08 14:56         ` Tier Nolan
2015-05-08 15:03         ` Tier Nolan
2015-05-08 10:00 ` Jeff Garzik
2015-05-08 16:43   ` Peter Todd

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