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
|
Return-Path: <bob_bitcoin@mcelrath.org>
Received: from smtp1.linuxfoundation.org (smtp1.linux-foundation.org
[172.17.192.35])
by mail.linuxfoundation.org (Postfix) with ESMTPS id 8B1A7273
for <bitcoin-dev@lists.linuxfoundation.org>;
Wed, 14 Oct 2015 20:52:42 +0000 (UTC)
X-Greylist: domain auto-whitelisted by SQLgrey-1.7.6
Received: from mcelrath.org (moya.mcelrath.org [50.31.3.130])
by smtp1.linuxfoundation.org (Postfix) with ESMTPS id E727A110
for <bitcoin-dev@lists.linuxfoundation.org>;
Wed, 14 Oct 2015 20:52:41 +0000 (UTC)
Received: from mcelrath.org (localhost [127.0.0.1])
by mcelrath.org (8.14.3/8.14.3/Debian-9.4) with ESMTP id t9EKqZ9Q001528
(version=TLSv1/SSLv3 cipher=DHE-RSA-AES256-SHA bits=256 verify=NOT);
Wed, 14 Oct 2015 20:52:35 GMT
Received: (from mcelrath@localhost)
by mcelrath.org (8.14.3/8.14.3/Submit) id t9EKqZSx001527;
Wed, 14 Oct 2015 20:52:35 GMT
X-Authentication-Warning: mcelrath.org: mcelrath set sender to
bob_bitcoin@mcelrath.org using -f
Date: Wed, 14 Oct 2015 20:52:35 +0000
From: Bob McElrath <bob_bitcoin@mcelrath.org>
To: Emin =?iso-8859-1?B?R/xu?= Sirer <el33th4x0r@gmail.com>
Message-ID: <20151014205235.GD23875@mcelrath.org>
References: <CAPkFh0viwmkUvjo4Qj50TNnkA5kG3z-3dLGExjkmDacE4E49Ow@mail.gmail.com>
MIME-Version: 1.0
Content-Type: text/plain; charset=iso-8859-1
Content-Disposition: inline
Content-Transfer-Encoding: 8bit
In-Reply-To: <CAPkFh0viwmkUvjo4Qj50TNnkA5kG3z-3dLGExjkmDacE4E49Ow@mail.gmail.com>
User-Agent: Mutt/1.5.20 (2009-06-14)
X-Spam-Status: No, score=-1.9 required=5.0 tests=BAYES_00,T_RP_MATCHES_RCVD
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, Ittay Eyal <ittay.eyal@cornell.edu>
Subject: Re: [bitcoin-dev] Bitcoin-NG whitepaper.
X-BeenThere: bitcoin-dev@lists.linuxfoundation.org
X-Mailman-Version: 2.1.12
Precedence: list
List-Id: Bitcoin Development 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: Wed, 14 Oct 2015 20:52:42 -0000
So it seems to me that all I need to do is figure out who the current leader is,
and DDoS him off the network to shut Bitcoin-NG down.
This is a significant advantage to bitcoin's ex-post-facto blocks: no one knows
where the next one will come from. The only way to shut the network down is to
shut all nodes down.
Emin Gün Sirer via bitcoin-dev [bitcoin-dev@lists.linuxfoundation.org] wrote:
> Hi everyone,
>
> We just released the whitepaper describing Bitcoin-NG, a new technique for
> addressing some of the scalability challenges faced by Bitcoin. Surprisingly,
> Bitcoin-NG can simultaneously increase throughput while reducing latency, and
> do so without impacting Bitcoin's open architecture or changing its trust
> model. This post illustrates the core technique:
> http://hackingdistributed.com/2015/10/14/bitcoin-ng/
> while the whitepaper has all the nitty gritty details:
> http://arxiv.org/abs/1510.02037
>
> Fitting NG on top of the current Bitcoin blockchain is future work that we
> think is quite possible. NG is compatible with both Bitcoin as is, as well as
> Blockstream-like sidechains, and we currently are not planning to compete
> commercially with either technology -- we see NG as being complementary to both
> efforts. This is pure science, published and shared with the community to
> advance the state of blockchains and to help them reach throughputs and
> latencies required of cutting edge fintech applications. Perhaps it can be
> adopted, or perhaps it can provide the spark of inspiration for someone else to
> come up with even better solutions.
>
> We would be delighted to hear your feedback.
> - Ittay Eyal and E. Gün Sirer.
>
> !DSPAM:561e98cd301391127216946!
> _______________________________________________
> bitcoin-dev mailing list
> bitcoin-dev@lists.linuxfoundation.org
> https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev
>
>
> !DSPAM:561e98cd301391127216946!
--
Cheers, Bob McElrath
"For every complex problem, there is a solution that is simple, neat, and wrong."
-- H. L. Mencken
|
