Thanks for this Peter. It is quite long winded and complicated so I just wanted to clarify one particular point. In John's proposal, are the coins actually locked up, or are they still freely spendable post-vote? Otherwise there is no real cost to casting votes. Locking coins up is related to the time-value of money and has a cost the longer they are locked up for.
On 8 August 2015 at 15:23, Peter Todd <p...@petertodd.org> wrote: > -----BEGIN PGP SIGNED MESSAGE----- > Hash: SHA256 > > > > On 8 August 2015 02:27:35 GMT-04:00, Hector Chu via bitcoin-dev < > bitcoin-dev@lists.linuxfoundation.org> wrote: > >Has there ever been any discussion of locking coins till a certain date > >for > >casting votes on an issue? > > Yes, John Dillon proposed a very clever and viable blocksize vote scheme > on this list awhile back: > https://www.mail-archive.com/bitcoin-development@lists.sourceforge.net/msg02323.html > -----BEGIN PGP SIGNATURE----- > > iQE9BAEBCAAnIBxQZXRlciBUb2RkIDxwZXRlQHBldGVydG9kZC5vcmc+BQJVxhDI > AAoJEMCF8hzn9Lnc47AH/Rg+JEhId23fKmUUDvYo8FA4N03nPjbsYBNdAAXHufUQ > 6KQz8h+yjYKMBTU0r4ONyssQtqtsJtWQpLjANZlYlTB82WuPKNPhrAD3Kqkj7x+t > L6ROTktoBnGvhPLCkRdpIjnGwcBhVFFxePQCySJrRT+w+5WZtcyVtx0JDdttJREF > 5Ctdf2K6IbVJ10joQHY46IlGpVNiOhx4mJ2SyCHy5Ug4lWToHto0KYJplK5GDXTi > 8IfPNrnqTjm5ExeyE3/d86je9sbHJvSYIrMsUCk74e244+VTUK35ms8xoA0n2yyn > M1g6HAmA6OR61WvnQHaCYLT6f7XrDh8s0+BmpHrrF6E= > =p+Go > -----END PGP SIGNATURE----- > >
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