Return-Path: Received: from smtp1.linuxfoundation.org (smtp1.linux-foundation.org [172.17.192.35]) by mail.linuxfoundation.org (Postfix) with ESMTPS id 6CAB389C for ; Wed, 29 Mar 2017 09:04:24 +0000 (UTC) X-Greylist: from auto-whitelisted by SQLgrey-1.7.6 Received: from mx-out02.mykolab.com (mx.kolabnow.com [95.128.36.1]) by smtp1.linuxfoundation.org (Postfix) with ESMTPS id 8DD89F1 for ; Wed, 29 Mar 2017 09:04:23 +0000 (UTC) X-Virus-Scanned: amavisd-new at kolabnow.com X-Spam-Score: -2.9 X-Spam-Level: X-Spam-Status: No, score=-2.6 required=5.0 tests=BAYES_00,RCVD_IN_DNSWL_LOW autolearn=ham version=3.3.1 Received: from mx03.mykolab.com (mx03.mykolab.com [10.20.7.101]) by mx-out02.mykolab.com (Postfix) with ESMTPS id 9DCB5616D0; Wed, 29 Mar 2017 11:04:20 +0200 (CEST) From: Tom Zander To: bitcoin-dev@lists.linuxfoundation.org, Martin Stolze Date: Wed, 29 Mar 2017 11:04:18 +0200 Message-ID: <2621205.8A4FuXh9CI@strawberry> In-Reply-To: References: MIME-Version: 1.0 Content-Transfer-Encoding: quoted-printable Content-Type: text/plain; charset="UTF-8" X-Spam-Checker-Version: SpamAssassin 3.3.1 (2010-03-16) on smtp1.linux-foundation.org X-Mailman-Approved-At: Wed, 29 Mar 2017 13:48:57 +0000 Subject: Re: [bitcoin-dev] Inquiry: Transaction Tiering 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: Wed, 29 Mar 2017 09:04:24 -0000 On Monday, 20 March 2017 21:12:36 CEST Martin Stolze via bitcoin-dev wrote: > Background: The current protocol enables two parties to transact > freely, however, transaction processors (block generators) have the > authority to discriminate participants arbitrarily. Nag; they don=E2=80=99t have any authority. > This is well known > and it is widely accepted that transaction processors may take > advantage of this with little recourse. It is the current consensus > that the economic incentives in form of transaction fees are > sufficient because the transaction processing authorities are assumed > to be guided by the growth of Bitcoin and the pursuit of profit. This is not the case, it misunderstands Bitcoin and specifically is=20 misunderstands that Bitcoin is distributed and decentralized. What you call =E2=80=9Cblock generators=E2=80=9D or =E2=80=9Ctransaction pr= ocessors=E2=80=9D are in reality=20 called miners and they don=E2=80=99t have any authority to mine or not mine= certain=20 transactions. All they have is a business incentive to mine or not mine a=20 certain transaction. This is a crucial distinction as that makes it a economical decision, not a= =20 political. The massive distribution of miners creating blocks means that one miner is= =20 free to add his political agenda. They can choose to not mine any satoshi- dice transactions, should they want. But they can=E2=80=99t stop other mine= rs from=20 mining those transactions anyway, and as such this is not a political move= =20 that has any effect whatsoever, at the end of the day it is just an=20 economcal decision. The rest of your email is based on this misconception as well, and therefor= e=20 the above answers your question. =2D-=20 Tom Zander Blog: https://zander.github.io Vlog: https://vimeo.com/channels/tomscryptochannel