1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
73
74
75
76
77
78
79
80
81
82
83
84
85
86
87
88
89
90
91
92
93
94
95
96
97
98
99
100
101
102
103
104
105
|
Return-Path: <carlo@spiller.com>
Received: from smtp2.osuosl.org (smtp2.osuosl.org [IPv6:2605:bc80:3010::133])
by lists.linuxfoundation.org (Postfix) with ESMTP id D7A88C000E
for <bitcoin-dev@lists.linuxfoundation.org>;
Thu, 24 Jun 2021 10:44:16 +0000 (UTC)
Received: from localhost (localhost [127.0.0.1])
by smtp2.osuosl.org (Postfix) with ESMTP id AF15B4011B
for <bitcoin-dev@lists.linuxfoundation.org>;
Thu, 24 Jun 2021 10:44:16 +0000 (UTC)
X-Virus-Scanned: amavisd-new at osuosl.org
X-Spam-Flag: NO
X-Spam-Score: -1.897
X-Spam-Level:
X-Spam-Status: No, score=-1.897 tagged_above=-999 required=5
tests=[BAYES_00=-1.9, RCVD_IN_DNSWL_NONE=-0.0001,
RCVD_IN_MSPIKE_H3=0.001, RCVD_IN_MSPIKE_WL=0.001,
UNPARSEABLE_RELAY=0.001] autolearn=ham autolearn_force=no
Received: from smtp2.osuosl.org ([127.0.0.1])
by localhost (smtp2.osuosl.org [127.0.0.1]) (amavisd-new, port 10024)
with ESMTP id YqW3VB7Lw1aS
for <bitcoin-dev@lists.linuxfoundation.org>;
Thu, 24 Jun 2021 10:44:14 +0000 (UTC)
X-Greylist: delayed 00:54:58 by SQLgrey-1.8.0
Received: from smtprelay.hostedemail.com (smtprelay0048.hostedemail.com
[216.40.44.48])
by smtp2.osuosl.org (Postfix) with ESMTPS id C2CD7400C4
for <bitcoin-dev@lists.linuxfoundation.org>;
Thu, 24 Jun 2021 10:44:14 +0000 (UTC)
Received: from smtprelay.hostedemail.com (10.5.19.251.rfc1918.com
[10.5.19.251])
by smtpgrave03.hostedemail.com (Postfix) with ESMTP id B7103181CAC5B
for <bitcoin-dev@lists.linuxfoundation.org>;
Thu, 24 Jun 2021 08:59:17 +0000 (UTC)
Received: from omf19.hostedemail.com (clb03-v110.bra.tucows.net [216.40.38.60])
by smtprelay03.hostedemail.com (Postfix) with ESMTP id EECE08384366
for <bitcoin-dev@lists.linuxfoundation.org>;
Thu, 24 Jun 2021 08:59:14 +0000 (UTC)
Received: from [HIDDEN] (Authenticated sender: carlo@spiller.com) by
omf19.hostedemail.com (Postfix) with ESMTPA id 88C7620D758
for <bitcoin-dev@lists.linuxfoundation.org>;
Thu, 24 Jun 2021 08:59:14 +0000 (UTC)
To: bitcoin-dev@lists.linuxfoundation.org
References: <mailman.100801.1624522329.32591.bitcoin-dev@lists.linuxfoundation.org>
From: Carlo Spiller <carlo@spiller.com>
Message-ID: <53ea5303-1214-30f3-9b0b-2b355a536670@spiller.com>
Date: Thu, 24 Jun 2021 10:59:12 +0200
User-Agent: Mozilla/5.0 (Macintosh; Intel Mac OS X 10.15; rv:78.0)
Gecko/20100101 Thunderbird/78.11.0
MIME-Version: 1.0
In-Reply-To: <mailman.100801.1624522329.32591.bitcoin-dev@lists.linuxfoundation.org>
Content-Type: text/plain; charset=utf-8; format=flowed
Content-Transfer-Encoding: quoted-printable
X-Rspamd-Server: rspamout05
X-Rspamd-Queue-Id: 88C7620D758
X-Stat-Signature: iy8dpu5m671ypohnna5r1oycaudu4gaw
X-Session-Marker: 6361726C6F407370696C6C65722E636F6D
X-Session-ID: U2FsdGVkX1/uXpiiJbuYfO4tDl793hNpvD4fjZ0fu3c=
X-HE-Tag: 1624525154-373241
X-Mailman-Approved-At: Thu, 24 Jun 2021 20:41:03 +0000
Subject: Re: [bitcoin-dev] Opinion on proof of stake in future
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: Thu, 24 Jun 2021 10:44:17 -0000
The key difference here is that in PoS the seller of the coin might=20
still have a vested interest in the network, where in PoW the person you =
aquire energy from to mine and mint has absolutely nothing to do with=20
the network. Anyone with power supply can sell it to you and has no=20
further interest in what you do with that power. If you don't find a=20
powersupply, you can build your own.
That is not generically true for PoS. If the seller is still staked with =
more coins they hold, they are entrenched in the network and have=20
"permissioned" you to partake only for what they sold to you. Even=20
worse, if a super-majority decides to simply never sell, you cannot=20
aquire significant stake and participate in minting.
Am 24.06.21 um 10:12 schrieb bitcoin-dev-request@lists.linuxfoundation.or=
g:
> Re: Opinion on proof of stake in future
Premise: There is a healthy exchange market for PoS Coin X with tens of
thousands of participants bidding to buy and sell the coin for other
currencies on the market.
If the premise above is true, then there is no significant permission
needed to enter the market for minting blocks for PoS Coin X. If you make=
a
bid on someone's coins and they don't like you and refuse, you can move o=
n
to any one of the other tens of thousands of people in that marketplace.
|
