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author | David Vorick <david.vorick@gmail.com> | 2014-01-04 03:49:52 -0500 |
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committer | bitcoindev <bitcoindev@gnusha.org> | 2014-01-04 08:49:59 +0000 |
commit | 2467015ba6f5b9eceddbcfef080cd651e85e1e4d (patch) | |
tree | dfaf49ea39b2d2ac14707091cb3527a423a6b9b4 | |
parent | ace40afc348dbd34b8c74f7f6d8cceadc3c04e57 (diff) | |
download | pi-bitcoindev-2467015ba6f5b9eceddbcfef080cd651e85e1e4d.tar.gz pi-bitcoindev-2467015ba6f5b9eceddbcfef080cd651e85e1e4d.zip |
Re: [Bitcoin-development] Merge mining
-rw-r--r-- | 36/92d2a601d1975d59363b43b24ec731ebed49bb | 179 |
1 files changed, 179 insertions, 0 deletions
diff --git a/36/92d2a601d1975d59363b43b24ec731ebed49bb b/36/92d2a601d1975d59363b43b24ec731ebed49bb new file mode 100644 index 000000000..1f3ac50ab --- /dev/null +++ b/36/92d2a601d1975d59363b43b24ec731ebed49bb @@ -0,0 +1,179 @@ +Received: from sog-mx-4.v43.ch3.sourceforge.com ([172.29.43.194] + helo=mx.sourceforge.net) + by sfs-ml-4.v29.ch3.sourceforge.com with esmtp (Exim 4.76) + (envelope-from <david.vorick@gmail.com>) id 1VzMvf-00028K-AL + for bitcoin-development@lists.sourceforge.net; + Sat, 04 Jan 2014 08:49:59 +0000 +Received-SPF: pass (sog-mx-4.v43.ch3.sourceforge.com: domain of gmail.com + designates 209.85.160.48 as permitted sender) + client-ip=209.85.160.48; envelope-from=david.vorick@gmail.com; + helo=mail-pb0-f48.google.com; +Received: from mail-pb0-f48.google.com ([209.85.160.48]) + by sog-mx-4.v43.ch3.sourceforge.com with esmtps (TLSv1:RC4-SHA:128) + (Exim 4.76) id 1VzMve-0005jS-67 + for bitcoin-development@lists.sourceforge.net; + Sat, 04 Jan 2014 08:49:59 +0000 +Received: by mail-pb0-f48.google.com with SMTP id md12so16508188pbc.21 + for <bitcoin-development@lists.sourceforge.net>; + Sat, 04 Jan 2014 00:49:52 -0800 (PST) +MIME-Version: 1.0 +X-Received: by 10.68.234.67 with SMTP id uc3mr88405221pbc.27.1388825392240; + Sat, 04 Jan 2014 00:49:52 -0800 (PST) +Received: by 10.68.242.197 with HTTP; Sat, 4 Jan 2014 00:49:52 -0800 (PST) +In-Reply-To: <9aaa913f73f45db41d94d93d02eed3fa@astutium.com> +References: <CAMkFLsSwKEiEtV1OaAsGPiU8iAWbb77fDNJDmRwbgKnZ_kjG6Q@mail.gmail.com> + <20131230232225.GA10594@tilt> <201312310114.05600.luke@dashjr.org> + <op.w8x4c8vbyldrnw@laptop-air.hsd1.ca.comcast.net> + <9aaa913f73f45db41d94d93d02eed3fa@astutium.com> +Date: Sat, 4 Jan 2014 03:49:52 -0500 +Message-ID: <CAFVRnyr+fikViQWgM0-dEoPD4HF2OGAh3EHaYK5mEskNhZ25Ag@mail.gmail.com> +From: David Vorick <david.vorick@gmail.com> +To: rob.golding@astutium.com +Content-Type: multipart/alternative; boundary=047d7b33d7a828dfa804ef211c8c +X-Spam-Score: -0.6 (/) +X-Spam-Report: Spam Filtering performed by mx.sourceforge.net. + See http://spamassassin.org/tag/ for more details. + -1.5 SPF_CHECK_PASS SPF reports sender host as permitted sender for + sender-domain + 0.0 FREEMAIL_FROM Sender email is commonly abused enduser mail provider + (david.vorick[at]gmail.com) + -0.0 SPF_PASS SPF: sender matches SPF record + 1.0 HTML_MESSAGE BODY: HTML included in message + -0.1 DKIM_VALID_AU Message has a valid DKIM or DK signature from + author's domain + 0.1 DKIM_SIGNED Message has a DKIM or DK signature, + not necessarily valid + -0.1 DKIM_VALID Message has at least one valid DKIM or DK signature +X-Headers-End: 1VzMve-0005jS-67 +Cc: Bitcoin Dev <bitcoin-development@lists.sourceforge.net> +Subject: Re: [Bitcoin-development] Merge mining +X-BeenThere: bitcoin-development@lists.sourceforge.net +X-Mailman-Version: 2.1.9 +Precedence: list +List-Id: <bitcoin-development.lists.sourceforge.net> +List-Unsubscribe: <https://lists.sourceforge.net/lists/listinfo/bitcoin-development>, + <mailto:bitcoin-development-request@lists.sourceforge.net?subject=unsubscribe> +List-Archive: <http://sourceforge.net/mailarchive/forum.php?forum_name=bitcoin-development> +List-Post: <mailto:bitcoin-development@lists.sourceforge.net> +List-Help: <mailto:bitcoin-development-request@lists.sourceforge.net?subject=help> +List-Subscribe: <https://lists.sourceforge.net/lists/listinfo/bitcoin-development>, + <mailto:bitcoin-development-request@lists.sourceforge.net?subject=subscribe> +X-List-Received-Date: Sat, 04 Jan 2014 08:49:59 -0000 + +--047d7b33d7a828dfa804ef211c8c +Content-Type: text/plain; charset=ISO-8859-1 + +If you have the resources to attack one of the bigger altcoins, you +probably have a significant investment in the cryptocurrency space, and a +significant interest in protecting it. Compromising even something like +dogecoin would cause a lot of questions to be raised and likely drop the +value of bitcoin as well as all the cryptocurrencies using the same work +function as dogecoin. + +Right now, there's very little benefit to attacking a significant currency, +because it would be very expensive and likely traumatize the whole system. +Unless it's some power like the NSA, I don't think there's much to worry +about. + + +On Tue, Dec 31, 2013 at 2:38 AM, <rob.golding@astutium.com> wrote: + +> > But there's so much 'dry powder' out there (GPUs), I wonder if *not* +> > supporting merge-mining is any better? At least the attacker has to do +> > some unique PoW, so you hope it's costing them something. +> +> With lots of people having access to 100TH+ there's not really much +> 'cost' to doing a 51% attack on an alt-coin beyond a short-term +> diversion away from 'profitable' mining. +> +> At least by supporting merged mining, more miners are likely to +> 'support' multiple coin types, thus making a 51% attack from an +> individual/group less straightforward. +> +> >> The rational decision for a non-scam altcoin, is to take advantage of +> >> merged mining to get as much security as possible. +> +> Exactly. +> +> Rob +> +> +> ------------------------------------------------------------------------------ +> Rapidly troubleshoot problems before they affect your business. Most IT +> organizations don't have a clear picture of how application performance +> affects their revenue. With AppDynamics, you get 100% visibility into your +> Java,.NET, & PHP application. Start your 15-day FREE TRIAL of AppDynamics +> Pro! +> http://pubads.g.doubleclick.net/gampad/clk?id=84349831&iu=/4140/ostg.clktrk +> _______________________________________________ +> Bitcoin-development mailing list +> Bitcoin-development@lists.sourceforge.net +> https://lists.sourceforge.net/lists/listinfo/bitcoin-development +> + +--047d7b33d7a828dfa804ef211c8c +Content-Type: text/html; charset=ISO-8859-1 +Content-Transfer-Encoding: quoted-printable + +<div dir=3D"ltr"><div>If you have the resources to attack one of the bigger= + altcoins, you probably have a significant investment in the cryptocurrency= + space, and a significant interest in protecting it. Compromising even some= +thing like dogecoin would cause a lot of questions to be raised and likely = +drop the value of bitcoin as well as all the cryptocurrencies using the sam= +e work function as dogecoin.<br> +<br></div>Right now, there's very little benefit to attacking a signifi= +cant currency, because it would be very expensive and likely traumatize the= + whole system. Unless it's some power like the NSA, I don't think t= +here's much to worry about.<br> +</div><div class=3D"gmail_extra"><br><br><div class=3D"gmail_quote">On Tue,= + Dec 31, 2013 at 2:38 AM, <span dir=3D"ltr"><<a href=3D"mailto:rob.gold= +ing@astutium.com" target=3D"_blank">rob.golding@astutium.com</a>></span>= + wrote:<br> +<blockquote class=3D"gmail_quote" style=3D"margin:0 0 0 .8ex;border-left:1p= +x #ccc solid;padding-left:1ex"><div class=3D"im">> But there's so mu= +ch 'dry powder' out there (GPUs), I wonder if *not*<br> +> supporting merge-mining is any better? At least the attacker has to do= +<br> +> some unique PoW, so you hope it's costing them something.<br> +<br> +</div>With lots of people having access to 100TH+ there's not really mu= +ch<br> +'cost' to doing a 51% attack on an alt-coin beyond a short-term<br> +diversion away from 'profitable' mining.<br> +<br> +At least by supporting merged mining, more miners are likely to<br> +'support' multiple coin types, thus making a 51% attack from an<br> +individual/group less straightforward.<br> +<div class=3D"im"><br> +>> The rational decision for a non-scam altcoin, is to take advantage= + of<br> +>> merged mining to get as much security as possible.<br> +<br> +</div>Exactly.<br> +<br> +Rob<br> +<div class=3D"HOEnZb"><div class=3D"h5"><br> +---------------------------------------------------------------------------= +---<br> +Rapidly troubleshoot problems before they affect your business. Most IT<br> +organizations don't have a clear picture of how application performance= +<br> +affects their revenue. With AppDynamics, you get 100% visibility into your<= +br> +Java,.NET, & PHP application. Start your 15-day FREE TRIAL of AppDynami= +cs Pro!<br> +<a href=3D"http://pubads.g.doubleclick.net/gampad/clk?id=3D84349831&iu= +=3D/4140/ostg.clktrk" target=3D"_blank">http://pubads.g.doubleclick.net/gam= +pad/clk?id=3D84349831&iu=3D/4140/ostg.clktrk</a><br> +_______________________________________________<br> +Bitcoin-development mailing list<br> +<a href=3D"mailto:Bitcoin-development@lists.sourceforge.net">Bitcoin-develo= +pment@lists.sourceforge.net</a><br> +<a href=3D"https://lists.sourceforge.net/lists/listinfo/bitcoin-development= +" target=3D"_blank">https://lists.sourceforge.net/lists/listinfo/bitcoin-de= +velopment</a><br> +</div></div></blockquote></div><br></div> + +--047d7b33d7a828dfa804ef211c8c-- + + |