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Date: Sat, 22 Aug 2015 05:21:22 +0200
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From: =?UTF-8?B?Sm9yZ2UgVGltw7Nu?= <jtimon@jtimon.cc>
To: Peter Todd <pete@petertodd.org>
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Subject: Re: [bitcoin-dev] Dynamically Controlled Bitcoin Block Size Max Cap
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Don't you mean profits instead of revenue?
On Aug 21, 2015 5:01 PM, "Peter Todd via bitcoin-dev" <
bitcoin-dev@lists.linuxfoundation.org> wrote:
>
> On Fri, Aug 21, 2015 at 04:16:39PM -0700, Tom Harding wrote:
> > On 8/21/2015 3:21 PM, Peter Todd wrote:
> > > To use a car analogy, Pieter Wuille has shown that the brake cylinders
> > > have a fatigue problem, and if used in stop-and-go traffic regularly
> > > they'll fail during heavy braking, potentially killing someone. You've
> > > countered with a study of highway driving, showing that if the car is
> > > only used on the highway the brakes have no issues, claiming that the
> > > car design is perfectly safe.
> >
> > No. If we must play the analogy game, it was found that the car crashes
> > when the brakes are bad (minority hash power partitioned) the radio is
> > on (partitioned miners had small individual hashrate).
> >
> > I checked the scenario where only the radio is on, and found the car
> > does not crash.
>
> Incidentally, what's your acceptable revenue difference between a small
> (1% hashing power) and large (%30 hashing power) miner, all else being
> equal? (remember that we shouldn't preclude variance reduction
> techniques such as p2pool and pooled-solo mode)
>
> Equally, what kind of attacks on miners do you think we need to be able to
> resist? E.g. DoS attacks, hacking, etc.
>
> That would let me know if you're definition of "the brakes are bad"
> corresponds to normal usage, or something that's not reasonable to
> design for.
>
> --
> 'peter'[:-1]@petertodd.org
> 00000000000000000402fe6fb9ad613c93e12bddfc6ec02a2bd92f002050594d
>
> _______________________________________________
> bitcoin-dev mailing list
> bitcoin-dev@lists.linuxfoundation.org
> https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev
>
--001a11c3888efa3eae051ddde006
Content-Type: text/html; charset=UTF-8
Content-Transfer-Encoding: quoted-printable
<p dir=3D"ltr">Don't you mean profits instead of revenue?</p>
<p dir=3D"ltr">On Aug 21, 2015 5:01 PM, "Peter Todd via bitcoin-dev&qu=
ot; <<a href=3D"mailto:bitcoin-dev@lists.linuxfoundation.org">bitcoin-de=
v@lists.linuxfoundation.org</a>> wrote:<br>
><br>
> On Fri, Aug 21, 2015 at 04:16:39PM -0700, Tom Harding wrote:<br>
> > On 8/21/2015 3:21 PM, Peter Todd wrote:<br>
> > > To use a car analogy, Pieter Wuille has shown that the brake=
cylinders<br>
> > > have a fatigue problem, and if used in stop-and-go traffic r=
egularly<br>
> > > they'll fail during heavy braking, potentially killing s=
omeone. You've<br>
> > > countered with a study of highway driving, showing that if t=
he car is<br>
> > > only used on the highway the brakes have no issues, claiming=
that the<br>
> > > car design is perfectly safe.<br>
> ><br>
> > No.=C2=A0 If we must play the analogy game, it was found that the=
car crashes<br>
> > when the brakes are bad (minority hash power partitioned) the rad=
io is<br>
> > on (partitioned miners had small individual hashrate).<br>
> ><br>
> > I checked the scenario where only the radio is on, and found the =
car<br>
> > does not crash.<br>
><br>
> Incidentally, what's your acceptable revenue difference between a =
small<br>
> (1% hashing power) and large (%30 hashing power) miner, all else being=
<br>
> equal? (remember that we shouldn't preclude variance reduction<br>
> techniques such as p2pool and pooled-solo mode)<br>
><br>
> Equally, what kind of attacks on miners do you think we need to be abl=
e to<br>
> resist? E.g. DoS attacks, hacking, etc.<br>
><br>
> That would let me know if you're definition of "the brakes ar=
e bad"<br>
> corresponds to normal usage, or something that's not reasonable to=
<br>
> design for.<br>
><br>
> --<br>
> 'peter'[:-1]@<a href=3D"http://petertodd.org">petertodd.org</a=
><br>
> 00000000000000000402fe6fb9ad613c93e12bddfc6ec02a2bd92f002050594d<br>
><br>
> _______________________________________________<br>
> bitcoin-dev mailing list<br>
> <a href=3D"mailto:bitcoin-dev@lists.linuxfoundation.org">bitcoin-dev@l=
ists.linuxfoundation.org</a><br>
> <a href=3D"https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-=
dev">https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev</a><br>
><br>
</p>
--001a11c3888efa3eae051ddde006--
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