Ah, thanks, I suspected the idea was too simple and must have been
discussed before, but somehow I missed these proposals. I've got some
reading to do.
-Marc
On Thu, Nov 16, 2017 at 11:14 AM, Bryan Bishop wrote:
> It's not clear to me if you are have looked at the previous UTXO set
> commitment
It occurred to me that we could push the classic concept of pruning even
further: we could significantly shrink the blockchain as well as reduce the
amount of network traffic during initial block download by doing something
I would call protocol-level pruning. This would, as of today, reduce the
si
What you describe is an example of a majority attack ("51% attack"). No
technical mechanism in Bitcoin prevents this. However in practice, miners
are not incentivized to perform this attack as it would destroy confidence
in Bitcoin, and would ultimately impact their revenues.
-Marc
On Mon, Nov 6,
