Return-Path: <earonesty@gmail.com> Received: from smtp1.osuosl.org (smtp1.osuosl.org [IPv6:2605:bc80:3010::138]) by lists.linuxfoundation.org (Postfix) with ESMTP id 70FC3C002D for <bitcoin-dev@lists.linuxfoundation.org>; Sun, 12 Jun 2022 13:02:54 +0000 (UTC) Received: from localhost (localhost [127.0.0.1]) by smtp1.osuosl.org (Postfix) with ESMTP id 4BBFD83EDC for <bitcoin-dev@lists.linuxfoundation.org>; Sun, 12 Jun 2022 13:02:54 +0000 (UTC) X-Virus-Scanned: amavisd-new at osuosl.org X-Spam-Flag: NO X-Spam-Score: -1.399 X-Spam-Level: X-Spam-Status: No, score=-1.399 tagged_above=-999 required=5 tests=[BAYES_00=-1.9, DKIM_SIGNED=0.1, DKIM_VALID=-0.1, FREEMAIL_FORGED_FROMDOMAIN=0.25, FREEMAIL_FROM=0.001, HEADER_FROM_DIFFERENT_DOMAINS=0.249, HTML_MESSAGE=0.001, RCVD_IN_DNSWL_NONE=-0.0001, SPF_HELO_NONE=0.001, SPF_PASS=-0.001] autolearn=no autolearn_force=no Authentication-Results: smtp1.osuosl.org (amavisd-new); dkim=pass (2048-bit key) header.d=q32-com.20210112.gappssmtp.com Received: from smtp1.osuosl.org ([127.0.0.1]) by localhost (smtp1.osuosl.org [127.0.0.1]) (amavisd-new, port 10024) with ESMTP id WwHl3Yz5eVCr for <bitcoin-dev@lists.linuxfoundation.org>; Sun, 12 Jun 2022 13:02:53 +0000 (UTC) X-Greylist: whitelisted by SQLgrey-1.8.0 Received: from mail-lj1-x236.google.com (mail-lj1-x236.google.com [IPv6:2a00:1450:4864:20::236]) by smtp1.osuosl.org (Postfix) with ESMTPS id 4DEE983E34 for <bitcoin-dev@lists.linuxfoundation.org>; Sun, 12 Jun 2022 13:02:53 +0000 (UTC) Received: by mail-lj1-x236.google.com with SMTP id g25so3650792ljm.2 for <bitcoin-dev@lists.linuxfoundation.org>; Sun, 12 Jun 2022 06:02:53 -0700 (PDT) DKIM-Signature: v=1; a=rsa-sha256; c=relaxed/relaxed; d=q32-com.20210112.gappssmtp.com; s=20210112; h=mime-version:references:in-reply-to:from:date:message-id:subject:to :cc; bh=6Z4x0LNFHjG4qWlRP0xtjQ6ByD+6qzNGAB1QA5EcJIM=; b=r8XOKrhQwei01vPxjK/BEMIrehk0IAoFWfmX9P9y1JQAPuskohnJ102vVn5u9YMpUI UzeuckGRYxGCkmiB3jGwBcX8kE+cJsiNBVwKrgqYfHPOjMq0EUnQao4KbwvInZVUT8hO OsYsJ2sK3tBsh15soJNBaWOyGI+C7P2DC3Rqh+wGgz2+EIqo9XtWCeWvG/7a2u59UMSM iLDB0j6ItlPhPBftzrNC3MWflxVUthQB0ha2LOBG6f6LtFvxhEsbQi0/Wz3QWNHSipC6 6LkkNha+v+iYpKMlncU3YYprvqBgl+kKL2PlBHxUDDSgIMHC+Aqw52NvMrFXJjQ+Hf4V H9lQ== X-Google-DKIM-Signature: v=1; a=rsa-sha256; c=relaxed/relaxed; d=1e100.net; s=20210112; h=x-gm-message-state:mime-version:references:in-reply-to:from:date :message-id:subject:to:cc; bh=6Z4x0LNFHjG4qWlRP0xtjQ6ByD+6qzNGAB1QA5EcJIM=; b=Ro3bZIZqMZMsOmJT5qaJ8maeOdS5c96punkf1eYwvG0bd/CdpYGcF06iRzdgtvBdtD gZuXlWVQyhHo0Qa3Hj6hxDrkfyXGzyieRDtNGAZX2/kcsgicmjQiMG1uEpRwR/1GLdF1 QT6S5Ice8XjF8pNIURXyVfvicmYO9mS3nQ1Hh/ZaVEgi1n+MVCnXDAKWdB+8GppewYXZ JsSx1nG2VjFQLlu+tJUOHm9whnv+1tMH7gdFIO4rsWRFhtzFOKakLDVEfIfqTFkKrqva rdrtzKb3TZAkfDKbPZQw2FDvGIFPWJXWyyt3a3ZK845DvVdafvAKwB6Mn61g0EUWW9/9 4+hQ== X-Gm-Message-State: AOAM532r9Kdw66PFkoFszW+9AJXYMO8MK8RU1damWV4ms5tdq/6lFwBo zg9EYMxXVsAhsnedQjhfn/wOjyCf48RaUKKJonCiZRE= X-Google-Smtp-Source: ABdhPJyu8KIsfzAAF50MMo150N2c0fTBU1JpKBtYiFzlCOkTzlA9+lODvgY2WKJ2su6+UkB5pXWB2KQAnRbI+4YjwR8= X-Received: by 2002:a2e:874a:0:b0:255:7b02:8f26 with SMTP id q10-20020a2e874a000000b002557b028f26mr26179911ljj.320.1655038971003; Sun, 12 Jun 2022 06:02:51 -0700 (PDT) MIME-Version: 1.0 References: <mailman.9.1654344003.14400.bitcoin-dev@lists.linuxfoundation.org> <CAHTn92zw_MaSKWiZGhGFqFYXJxv6kQ+7=XCHbRLim1jhtEsVVQ@mail.gmail.com> <CAJowKgJ8GP4Ykzn5dMHZ7wsE04YmpOLgTpdc9tgfVng0qB0Jjg@mail.gmail.com> <YqVfTU0M7XN8+Ybu@petertodd.org> In-Reply-To: <YqVfTU0M7XN8+Ybu@petertodd.org> From: Erik Aronesty <erik@q32.com> Date: Sun, 12 Jun 2022 09:02:38 -0400 Message-ID: <CAJowKgLSq5+FjOJ1N8G2puCsTVUr2gV2Z_=JLBUrf2dwL2wptQ@mail.gmail.com> To: Peter Todd <pete@petertodd.org> Content-Type: multipart/alternative; boundary="000000000000f4c9e705e13fc989" X-Mailman-Approved-At: Sun, 12 Jun 2022 15:52:00 +0000 Cc: Bitcoin Protocol Discussion <bitcoin-dev@lists.linuxfoundation.org>, John Carvalho <john@synonym.to> Subject: Re: [bitcoin-dev] Bitcoin covenants are inevitable X-BeenThere: bitcoin-dev@lists.linuxfoundation.org X-Mailman-Version: 2.1.15 Precedence: list List-Id: Bitcoin Protocol Discussion <bitcoin-dev.lists.linuxfoundation.org> List-Unsubscribe: <https://lists.linuxfoundation.org/mailman/options/bitcoin-dev>, <mailto:bitcoin-dev-request@lists.linuxfoundation.org?subject=unsubscribe> List-Archive: <http://lists.linuxfoundation.org/pipermail/bitcoin-dev/> List-Post: <mailto:bitcoin-dev@lists.linuxfoundation.org> List-Help: <mailto:bitcoin-dev-request@lists.linuxfoundation.org?subject=help> List-Subscribe: <https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev>, <mailto:bitcoin-dev-request@lists.linuxfoundation.org?subject=subscribe> X-List-Received-Date: Sun, 12 Jun 2022 13:02:54 -0000 --000000000000f4c9e705e13fc989 Content-Type: text/plain; charset="UTF-8" Yes Although I'm guessing most would agree that would be worse. I certainly would choose to add fee generating features over inflation Probably most other people would too On Sat, Jun 11, 2022, 11:36 PM Peter Todd <pete@petertodd.org> wrote: > On Mon, Jun 06, 2022 at 09:02:18AM -0400, Erik Aronesty via bitcoin-dev > wrote: > > Maintaining the security of the protocol is squarely the responsibility > of > > the Bitcoin software and the core developers > > > > Continued demand for block space is critical for Bitcoin's security. > > Only because the block reward goes away. If it was made to continue > indefinitely - most likely with an inflation hard fork - demand for block > space > would not be critical to Bitcoin's security. > > -- > https://petertodd.org 'peter'[:-1]@petertodd.org > --000000000000f4c9e705e13fc989 Content-Type: text/html; charset="UTF-8" Content-Transfer-Encoding: quoted-printable <div dir=3D"auto">Yes<div dir=3D"auto"><br></div><div dir=3D"auto"><br></di= v><div dir=3D"auto">Although I'm guessing most would agree that would b= e worse.</div><div dir=3D"auto"><br></div><div dir=3D"auto">I certainly wou= ld choose to add fee generating features over inflation</div><div dir=3D"au= to"><br></div><div dir=3D"auto">Probably most other people would too</div><= div dir=3D"auto"><br></div><div dir=3D"auto"><br></div></div><br><div class= =3D"gmail_quote"><div dir=3D"ltr" class=3D"gmail_attr">On Sat, Jun 11, 2022= , 11:36 PM Peter Todd <<a href=3D"mailto:pete@petertodd.org">pete@petert= odd.org</a>> wrote:<br></div><blockquote class=3D"gmail_quote" style=3D"= margin:0 0 0 .8ex;border-left:1px #ccc solid;padding-left:1ex">On Mon, Jun = 06, 2022 at 09:02:18AM -0400, Erik Aronesty via bitcoin-dev wrote:<br> > Maintaining the security of the protocol is squarely the responsibilit= y of<br> > the Bitcoin software and the core developers<br> > <br> > Continued demand for block space is critical for Bitcoin's securit= y.<br> <br> Only because the block reward goes away. If it was made to continue<br> indefinitely - most likely with an inflation hard fork - demand for block s= pace<br> would not be critical to Bitcoin's security.<br> <br> -- <br> <a href=3D"https://petertodd.org" rel=3D"noreferrer noreferrer" target=3D"_= blank">https://petertodd.org</a> 'peter'[:-1]@<a href=3D"http://pet= ertodd.org" rel=3D"noreferrer noreferrer" target=3D"_blank">petertodd.org</= a><br> </blockquote></div> --000000000000f4c9e705e13fc989--