Return-Path: Received: from smtp1.linuxfoundation.org (smtp1.linux-foundation.org [172.17.192.35]) by mail.linuxfoundation.org (Postfix) with ESMTPS id A90A2CBB for ; Fri, 1 Sep 2017 19:40:55 +0000 (UTC) X-Greylist: from auto-whitelisted by SQLgrey-1.7.6 Received: from mail001.aei.ca (mail001.aei.ca [206.123.6.130]) by smtp1.linuxfoundation.org (Postfix) with ESMTPS id 3C4BC79 for ; Fri, 1 Sep 2017 19:40:54 +0000 (UTC) Received: (qmail 26468 invoked by uid 89); 1 Sep 2017 19:40:53 -0000 Received: by simscan 1.2.0 ppid: 26455, pid: 26464, t: 0.0040s scanners: regex: 1.2.0 attach: 1.2.0 Received: from mail002.aei.ca (HELO mail002.contact.net) (206.123.6.132) by mail001.aei.ca with (DHE-RSA-AES256-SHA encrypted) SMTP; 1 Sep 2017 19:40:53 -0000 Received: (qmail 21527 invoked by uid 89); 1 Sep 2017 19:40:53 -0000 Received: by simscan 1.2.0 ppid: 21481, pid: 21483, t: 8.5494s scanners: regex: 1.2.0 attach: 1.2.0 clamav: 0.97.8/m: spam: 3.3.1 X-Spam-Checker-Version: SpamAssassin 3.3.1 (2010-03-16) on smtp1.linux-foundation.org X-Spam-Level: X-Spam-Status: No, score=-0.7 required=5.0 tests=RCVD_IN_DNSWL_LOW, RP_MATCHES_RCVD autolearn=disabled version=3.3.1 Received: from dsl-66-36-132-63.mtl.aei.ca (HELO ?192.168.67.200?) (dermoth@66.36.132.63) by mail.aei.ca with ESMTPA; 1 Sep 2017 19:40:44 -0000 To: Cserveny Tamas , Bitcoin Protocol Discussion , Lucas Clemente Vella , Tom Zander References: <1570222.Uh686LP1o4@strawberry> From: Thomas Guyot-Sionnest Message-ID: Date: Fri, 1 Sep 2017 15:40:44 -0400 User-Agent: Mozilla/5.0 (X11; Linux x86_64; rv:45.0) Gecko/20100101 Thunderbird/45.8.0 MIME-Version: 1.0 In-Reply-To: Content-Type: text/plain; charset=windows-1252 Content-Transfer-Encoding: 7bit X-Mailman-Approved-At: Fri, 01 Sep 2017 19:53:24 +0000 Subject: Re: [bitcoin-dev] Horizontal scaling of blockchain X-BeenThere: bitcoin-dev@lists.linuxfoundation.org X-Mailman-Version: 2.1.12 Precedence: list List-Id: Bitcoin Protocol Discussion List-Unsubscribe: , List-Archive: List-Post: List-Help: List-Subscribe: , X-List-Received-Date: Fri, 01 Sep 2017 19:40:55 -0000 On 01/09/17 02:15 PM, Cserveny Tamas via bitcoin-dev wrote: > Yes. I meant the single thread as an analogy, if a block is found, > other blocks are worthless. (more or less) Longest chain wins. > > My line of though was, that currently the only way to scale with the > traffic (and lowering the fees) is increasing the block size (which is > hard as I learned from recent events), or reducing the complexity > which is less secure (most likely more controversial) > It wouldn't be less secure as long as you adjust the confirmation accordingly. If we decided to mine one block every minute, then your usual 6 confirmation should become 60 confirmation. In the end, the same amount of work will have been done to prove the transaction is legit and so it's just as secure... Actually, one could argue since the average hash rate over 60 block is more accurate than over 6, it's actually more secure if you also pay attention to hash rate variation as part of the confirmation... That help in the scenario a very large pool goes dark to mine a sidechain. -- Thomas