578 karma · joined August 25, 2017
I witnessed someone that wanted to leverage their service into a promotion so they started pushing for an architecture where everything flowed through their service.
It was the slowest part of our stack and capped at 10tps.
Do you have that much money to burn?
If your name is still attached you will still get these letters. Because they will continue to try and show they are protecting their IP.
> As well as a technical breakdown of everything that can be learned from them.
Then that would be your IP which you'd be free to distribute. You won't receive the same letter again, but you may be breaking an NDA and the terms of which may apply.
Why do you think that ipfs and/or blockchain is going to change how copying IP works?
For example changes could wait for 10 minutes worth of blocks then request a quote for double spend insurance. The company evaluates the probability of a double spend and maybe even has a couple standing contracts with rentable hashing power to be able to target smaller PoW chains and prevent any double spend attack.
There are lots of interesting and cool problems to be solved in evaluating the safety of a given tx. Unfortunately I don't know if the space is mature enough that exchanges would actually use the service.
Merchants are probably fine.
The hashrate for BTG is well below most other coins, a modest miner on another coin could easily switch and execute the attack, then switch back to their main coin and not have to pay large transaction costs for hardware acq or rental costs.
https://forum.bitcoingold.org/t/double-spend-attack-on-excha...
Bitcoin gold was a fork to try and decentralize mining. It changed to a proof of work that is supposed to be ASIC resistant. It looks like the typical situation is mining by GPU for equihash (BTG PoW).
BTG hashrate is at ~30MH/s at the moment, where Zcash's hashrate is at ~486MH/s.
I don't have the numbers off hand, but it'd be interesting to see how many GPUs you'd need to pull of a double spend against BTG and if any of the other equihash coins saw a drop off during the attack.
It'd be really interesting if it wasn't a rental attack, but an invested miner just switching over to BTG to achieve the hack.
They reversed 22 blocks, the recommendation is to increase the # of confirmations to rely upon to 50. If you are trying to react to 51% attack doubling the number of confirmations only doubles the cost of attack, and the attacker likely just doubled the number of BTG they have. If they can pay the electricity/rental cost for the attack they have enough BTG to execute the attack in a cost effective manner again.
That's all pretty moot at the moment as BCH is averaging ~50kb blocks.
In general I believe that number of lines of code is correlated with number of bugs, but I would hesitate to say that it is proportional to. Going in with the explicit goal of reducing the number of lines could easily lead to more bugs, not less.
Why would you believe that?
And if you do believe that why don't you use a code golfing language?
I also didn't anticipate that abusing a rewards system could lead to a wire fraud case.
I am sorry to hear about this case, but I don't quite get how you are arguing you are innocent. What part of their case do you dispute?
What about the problem of running an immutable log using compute power around the world without paying for the costs? That's what santoshi accomplished. He stopped mining many years ago and it's been committing logs every 10 minutes for years.
The really bad part would be that if the poisoner happens to be the last step then the final step would produce the secret before handing it to be poisoned.
It seems like you could create a dead man's switch using arbitrary participants. You distribute a secret to every participant and then to attempt to activate the dead man's switch they raise k to the power s mod p and pass it to the next participant. As long as you act as a participant each time and raise the passed value to some invalid s then the answer that is arrived at won't be the final secret.
As long as you participate every round the wrong answer will be arrived at, but as soon as you don't participate the right answer will be arrived at.
Any singular party refusing to cooperate would destroy the deadman's switch so malicious activation would be tough.
Designing it so it can tolerate failures would be the hard part.
EDIT: I am wrong, this isn't that great. It's really hard to hide information that can be recovered without a secret being revealed.
Capital that you can not leverage is a disadvantage.
Really bitcoin is pretty bad at everything except atomic transfers.
Bitcoin is shit at loans, it's shit at writing wills, it's shit at scheduling payments, it's shit at offering shorts, it's shit at offering options, it's shit at providing oracles etc.
This seems like a strange thing to believe. Why do you believe it?
It's unsubstantiated that the above actually strengthens civilization.