Return-Path: Received: from smtp1.linuxfoundation.org (smtp1.linux-foundation.org [172.17.192.35]) by mail.linuxfoundation.org (Postfix) with ESMTPS id C008713E8 for ; Sun, 20 Sep 2015 21:10:48 +0000 (UTC) X-Greylist: from auto-whitelisted by SQLgrey-1.7.6 Received: from smtp10.hushmail.com (smtp10.hushmail.com [65.39.178.143]) by smtp1.linuxfoundation.org (Postfix) with ESMTPS id 4A120157 for ; Sun, 20 Sep 2015 21:10:48 +0000 (UTC) Received: from smtp10.hushmail.com (localhost [127.0.0.1]) by smtp10.hushmail.com (Postfix) with SMTP id 0B186C01C6 for ; Sun, 20 Sep 2015 21:10:48 +0000 (UTC) DKIM-Signature: v=1; a=rsa-sha256; c=relaxed; d=hush.com; h=date:to:subject:from; s=hush; bh=Z6xFhX3ifV1s2dxF1Ywm2PBZw/0MhHXr63xi/sebvF8=; b=Cwld4tMAxnjBCzvXmx3IN6jv61nVRx05zNzHaJVkDOAUQMOcvcqGq5A+/Jars0rKmVDZiYJSCT/Pb/7g5UIIcRvVfbu9BBM/0NLq0plY0s/zi7Fm2TqbbkpYGnvQCW+clY1G0KjpuBo4bHnShgx2JZNpl24Mt6W252DzsAs79CmUrY7FTVymoLreZdB5AxqQOdveGJL3ghsQyquKrwcBvrIGBuMa03LjCaKeKxYbjelMt9V1O67udP4tNTgCjQr97eJws8rCuzNeRiNkqAxDcEPbEUj1hhTC+cdgCcs89EHZhRLSOoQIaVKNX89b5Qq1nZSaIeEQAMFPn3hyVMR4tg== Received: from smtp.hushmail.com (w7.hushmail.com [65.39.178.32]) by smtp10.hushmail.com (Postfix) with ESMTP; Sun, 20 Sep 2015 21:10:47 +0000 (UTC) Received: by smtp.hushmail.com (Postfix, from userid 99) id C40FD404BA; Sun, 20 Sep 2015 21:10:47 +0000 (UTC) MIME-Version: 1.0 Date: Mon, 21 Sep 2015 00:10:47 +0300 To: "Steven Pine" From: "NxtChg" In-Reply-To: References: <55F9E47D.50507@mattcorallo.com> <55FC6EBF.9090504@mattcorallo.com> <20150919014710.GD22598@muck> <20150919060639.A775A404B9@smtp.hushmail.com> <55FD0737.1080008@voskuil.org> <20150919072714.D3349404B9@smtp.hushmail.com> <55FD1122.5030107@voskuil.org> <20150919075758.820CC404B9@smtp.hushmail.com> <55FD225B.1050402@voskuil.org> <55FDD951.9010709@gmail.com> <20150920162140.8B00D404BA@smtp.hushmail.com> <55FEE015.6000506@bitcoins.info> Content-Transfer-Encoding: 7bit Content-Type: text/plain; charset="UTF-8" Message-Id: <20150920211047.C40FD404BA@smtp.hushmail.com> X-Spam-Status: No, score=-2.7 required=5.0 tests=BAYES_00,DKIM_SIGNED, DKIM_VALID, DKIM_VALID_AU, FREEMAIL_FROM, RCVD_IN_DNSWL_LOW autolearn=ham version=3.3.1 X-Spam-Checker-Version: SpamAssassin 3.3.1 (2010-03-16) on smtp1.linux-foundation.org Cc: bitcoin-dev@lists.linuxfoundation.org Subject: Re: [bitcoin-dev] Scaling Bitcoin conference micro-report X-BeenThere: bitcoin-dev@lists.linuxfoundation.org X-Mailman-Version: 2.1.12 Precedence: list List-Id: Bitcoin Development Discussion List-Unsubscribe: , List-Archive: List-Post: List-Help: List-Subscribe: , X-List-Received-Date: Sun, 20 Sep 2015 21:10:48 -0000 >Anyone who doesn't consider governments the proper threat model is either a shill or an idiot. You meant to say "threat". This is what threat model is: https://en.wikipedia.org/wiki/Threat_model Nobody here discounts governments as a threat. As to the "proper threat model", you can't construct one since your attacker is essentially unbounded. For example, any large government could easily obtain 51% of hash power and then only accept transactions from "certified services".