What is the difference between a bitcoin vault and a

Dev Meeting Notes, 2016 08 22

#namecoin-meeting notes, 2016 08 21 # Present: Jeremy Jonas Brandon Midnightmagic Pigeons Joseph Namecoin Core The wallet name operation bug in Brandon's name tab PR has been isolated by Jeremy. Appears to be a bug in upstream Bitcoin Core (or perhaps Namecoin Core master branch) that has been fixed. https://github.com/namecoin/namecoin-core/pull/67#issuecomment-231316792 Whit Jackson submitted a documentation PR for building on OS X. https://github.com/namecoin/namecoin-core/pull/97 If anyone can test, please do so! Jonas will test this. Jeremy noticed that Travis CI accidentally flagged our repo as "potential abuse detected". Jeremy contacted Travis CI support and got our account whitelisted. Jonas notices that the Travis CI builds for our 0.13 branch are failing at the moment. Jeremy suggests filing a GitHub issue. Jeremy asked Jonas to submit a PR for Gitian builds for OS X. https://github.com/namecoin/namecoin-core/issues/38#issuecomment-236101580 DrHaribo of BitMinter requested that getblocktemplate be re-added to Namecoin Core. https://github.com/namecoin/namecoin-core/issues/98 Jeremy points out that since nVersion=4 blocks are nearing the lock-in point, we should deal with this sooner rather than later so that BitMinter doesn't get kicked off the network. Brandon asked on GitHub about how wallet unlocking should be done with the name tab GUI. https://github.com/namecoin/namecoin-core/pull/67#issuecomment-240852324 Upon discussion, Brandon currently plans to try using the raw transaction API for this. Daniel submitted a PR to temporarily disable the low-S standardness check. This should improve confirmation times for the old 0.3.80 clients. The check will be restored after AAA activates. https://github.com/namecoin/namecoin-core/pull/100 Test reports would be great. Jeremy points out that this needs to be done before nVersion=4 blocks are locked in. Jeremy wonders whether we should cancel plans to release 0.12 as stable, and focus on 0.13 branch. Tentative plan: keep maintaining 0.12 until Bitcoin Core releases v0.13.0; backport the name tab to whatever stable branch exists at the time that it's merged to master. SPV Jeremy's initial PR for Namecoin support has been merged to libdohj. https://github.com/dogecoin/libdohj/pull/18 Jeremy still needs to rebase the bitcoinj-addons code based on the libdohj changes made during review, and then submit a pull request. In the meantime, Jeremy's latest bitcoinj-addons and libdohj code is posted. https://forum.namecoin.org/viewtopic.php?p=16788#p16788 Someone please test it? Jeremy asks if he should post a link on Reddit. Jonas says yes. Jeremy will do so. ncdns Jeremy asked about the old fork of a Conformal library (see previous meeting); Hugo doesn't recall details but thinks it had to do with pre-Namecoin-Core not following spec properly. Hugo would be happy to accept a PR to make it use the current Conformal libs. https://github.com/hlandau/ncdns/issues/12#issue-163964219 Jeremy pointed out that sometime in the future we should fix the Extended Key Usage Critical flag on the dehydrated cert template. Go's standard library doesn't have a built-in way of setting that flag, which is why it's not in the first draft. Jeremy and Ryan can't think of any plausible attacks where it matters. Jeremy suggests a 1.0 BTC bounty for an ncdns NSIS installer. Possibly funded 50/50 by NMDF and a fundraiser. https://forum.namecoin.org/viewtopic.php?f=18&t=2566 Mining Cassini noticed that BTCC and ViaBTC have started mining Namecoin. https://forum.namecoin.org/viewtopic.php?p=16703#p16703 This is good news for mining diversity. F2Pool's share of Namecoin blocks is down to circa 43% as of July 26, 2016. Public Relations Cassini represented us at GETD#4 in Berlin July 22-23. Jeremy mentions that we should think about translation workflow. https://github.com/namecoin/meta/issues/35 Jeremy notes that Bitcoin Core is using Transifex. https://github.com/namecoin/namecoin-core/blob/mastedoc/translation_process.md Jeremy says that whatever works for Bitcoin Core, should probably work for us. Midnightmagic concurs. Joseph believes that Armory (post-ATI) is trying Transifex. Brandon asks what the pricing looks like for Transifex. Joseph believes it's gratis for open-source projects. Jeremy notes that Wikipedia confirms this. Jeremy wonders what safeguards are in place on Transifex to reduce risk of malicious translations. Joseph isn't sure. Jeremy points out that the way we organize the list of exchanges doesn't make sense for decentralized exchanges like Bitsquare. https://github.com/namecoin/namecoin.org/issues/70 Jeremy suggests listing decentralized exchanges at the top of the list. Jeremy notes that this might annoy the centralized exchanges who pay us for placement, but that this doesn't bother him at all. Midnightmagic concurs. Pigeons mentions that he's seen an increase in Namecoin offers on Bitsquare recently. Jeremy will have a table at the OU CS welcome party on Sept. 9. Let's try to recruit some developers! Brandon asks what the status is of the students from last year. Jeremy is sad to report that the SPV student and the UX student from last year are not participating this semester. Pigeons says a "Namecoin vs Blockstack" FAQ entry would be helpful. Jeremy will work on it. Midnightmagic asks if a meetingbot would be welcome. Jeremy says yes. Midnightmagic will look at setting one up. Funding Jeremy has filed a complaint with Tip4Commit about their usage of CloudFlare CAPTCHAs. https://github.com/tip4commit/tip4commit/issues/300 Tip4Commit has not responded after 25 days. BountySource balance: $5/month from 1 recurring supporter Total funds available: $304 USD Pigeons suggests looking into Patreon. Jeremy notes that they have CloudFlare CAPTCHAs. Jeremy notes that Wikipedia says they take a 5% commision, which is half of BountySource's 10%. Jeremy notes that some free software projects use them currently. https://www.reddit.com/linux/comments/33dp6n/should_open_source_projects_use_patreonkickstartecqkrlkf Jeremy will look into this in more detail later. NMDF incoming funds: 0 mBTC received since 2016 07 03 0 NMC received since 2016 07 03 Pigeons suggests looking into Flattr. Jeremy notes that they have CloudFlare CAPTCHAs. Jeremy notes that Wikipedia says they take a 10% fee (same as BountySource). Jeremy will look into this in more detail later. 
Note: I made a typo in the title of this post on Reddit; the quoted date of the meeting is correct. (I can't see a way to edit the title of a Reddit post.)
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to usd,.,5,.,bitcoin,.,free,.,5,.,bitcoin,.,in euro,.,bitcoin,.,5 years,.,bitcoin,.,5 minutes,.,bitcoin,.,5 min,.,bitcoin,.,5 unlimited generator,.,bitcoin,.,666,.,bitcoin,.,6 months,.,bitcoin,.,6 confirmations,.,bitcoin,.,6 month chart,.,bitcoin,.,6000,.,bitcoin,.,60 minutes,.,bitcoin,.,6 confirmations time,.,bitcoin,.,6 month price,.,bitcoin,.,6 years ago,.,bitcoin,.,60 day chart,.,6,.,bitcoin,.,network confirmations,.,,.,
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My findings into Mike Hearn being Satoshi Nakamoto

Is Satoshi Nakamoto Mike Hearn?

There are many coincidences involving a Mike Hearn and Satoshi Nakamoto connection.

Besides Mike being British and Satoshi using British English my first inclination to even consider Mike Hearn as being Satoshi Nakamoto was that Mike’s bitcointalk.org profile was created 1 day after Satoshi last logged in to the forum.
Satoshi’s profile: https://bitcointalk.org/index.php?action=profile;u=3 Mike’s profile: https://bitcointalk.org/index.php?action=profile;u=2700

Mike’s bitcointalk presence began 1 day 53 minutes and 13 seconds after Satoshi’s bitcointalk presence ended. Almost exactly 1 day separating their profiles seemed odd to me especially considering the impact Mike had in development later on.

Why would Satoshi Nakamoto hide his real identity?
The people who created the precursors to Bitcoin were not anonymous. Satoshi even referenced multiple influences by name in his whitepaper like Wei Dai, Ralph Merkle, and Adam Back. So why did the person behind Satoshi feel the need to remain anonymous? There doesn’t seem to be any precedent in the small niche of people who attempted to make digital/electronic cash. A lot of people are constantly regurgitating the idea that Satoshi knew how big Bitcoin would become and that Governments or nefarious people would want to hunt him down for his bitcoin holdings or for simply inventing bitcoin. In reality, Satoshi didn’t even know if his invention would gain traction. Satoshi didn’t know he would be one of a handful of users running bitcoin in the first year which would allow him to mine as many blocks as he did. Satoshi didn’t know how much bitcoin would actually be worth.
So why would Mike Hearn hide is identity?
Mike Hearn in mid August 2006 was hired on by Google as a Site Reliability Engineer (http://web.archive.org/web/20090514053312/http://mikehearn.wordpress.com:80/2006/08/)
Why would an employee of Google secretly develop something? Well, Google themselves sum it up pretty nicely here: “As part of your employment agreement, Google most likely owns intellectual property (IP) you create while at the company. Because Google’s business interests are so wide and varied, this likely applies to any personal project you have. That includes new development on personal projects you created prior to employment at Google.“ (https://opensource.google.com/docs/iarc/ )
Here Mike was indeed fully aware of Google’s policy when he released bitcoinj as a Google copyrighted project under the Apache 2 license: https://bitcointalk.org/index.php?topic=4236.msg61438#msg61438 https://bitcointalk.org/index.php?topic=4236.msg61658#msg61658
Then here he is emailing Satoshi (himself :) a few hours after the bitcointalk announcement: “From: Mike Hearn [email protected] Date: Mon, Mar 7, 2011 at 2:13 PM To: Satoshi Nakamoto [email protected]
Hi Satoshi,
I hope you are doing well. I finally got all the lawyers happy enough to release BitCoinJ under the Google name using the Apache 2 license: …. “ https://pastebin.com/JF3USKFT
I wonder what Google would have done with Bitcoin had Hearn/Satoshi not been anonymous?

Mike claiming he supposedly “coined the term SPV”. Or, did he? Here is Peter Todd https://twitter.com/petertoddbtc/status/649413412158599168 and her is the reddit thread to go along with it: https://www.reddit.com/Bitcoin/comments/3n1ydp/peter_todd_on_twitter_mike_hearn_claiming_he/

The term “SPV” does not appear in the whitepaper but its meaning does. Simplified Payment Verification is section 8 of the whitepaper. Did Mike slip and just inadvertently hint to him being the real Satoshi? Upon further investigation Mike had claimed months earlier that he coined the term “SPV wallet”. https://medium.com/@octskyward/the-capacity-cliff-586d1bf7715e So he could have meant to say SPV wallet when Peter Todd was calling him out or maybe he did mean to say just “SPV”. Still not the smoking gun but interesting that he would throw that around knowing full well that Simplified Payment Verification was in the Whitepaper.

[After writing this up, Mike just released all his private Satoshi Emails through a user named CipherionX. Mike did show up in a reddit thread to confirm that they came from him and are indeed not fake. Bitcointalk link: https://bitcointalk.org/index.php?topic=2080206.0 Reddit link to Mike’s post: https://www.reddit.com/btc/comments/6t2ci2/never_before_seen_mike_hearn_satoshi_nakamoto/dliizv6/ ] It is very plausible that in order to remain separate from the creator of Bitcoin that someone would in fact have email conversations between himself and alias as “proof” that the pseudonymous Bitcoin creator and Mike Hearn are completely different independent people. Of course this would only make sense if the emails were made public at some point. Well, Mike just made them public. Mike also attempted to divulge them to Charles Hoskinson in 2013 who did not release them to the public.
If the dates can be trusted, Mike’s email leak serves as proof that he was there early on even if he was corresponding with himself ;) Besides the new email dump the only known public involvement was here on the sourceforge forum in October 2009: https://sourceforge.net/p/bitcoin/mailman/bitcoin-list/thread/f4cd80640910240804m64ba45f1g216905fc9db16a2%40mail.gmail.com/#msg23827020 . Later on Mike did produce an email he sent to Satoshi In April of 2009 here in this thread: https://bitcoinfoundation.org/forum/index.php?/topic/54-my-first-message-to-satoshi/ which does correspond with the email dump.
Why did Mike not use Sourceforge as he posted openly so frequently in other project lists or forums? My best guess is that Mike figured he could be traced using multiple aliases on Sourceforge if an employee was so inclined to investigate so he switched it up and decided to have the fabricated conversations with himself through a more controlled environment.?????

What is odd about Mike’s involvement early on is that it doesn’t really parallel with his natural demeanor. He is very vocal and has an involved online presence yet he just really isn’t himself during the early stages of Bitcoin. Even his personal blog posts came to a halt in early 2009. https://web.archive.org/web/20111130084418/http://mikehearn.wordpress.com:80/ For someone who was generally very active online before Bitcoin and then after Satoshi’s disappearence, I find it odd that there is a dead silence period from Mike Hearn while Satoshi existed online.

Hal Finney was also involved at the start only to leave and eventually return. He came back a month before Satoshi departed though. Hal was the recipient of bitcoins first transaction and helped Satoshi troubleshoot early problems http://online.wsj.com/public/resources/documents/finneynakamotoemails.pdf

So it appears that Satoshi may have had either a rapport or at the least some familiarity with Hal. This lead me to Google Mike Hearn and Hal Finney together which turned up a nice find. Here, https://sourceforge.net/p/tboot/mailman/tboot-devel/?style=threaded&viewmonth=200807 Mike and Hal are talking about Trusted Computing back in July 2008, just months before the bitcoin whitepaper surfaced. Unfortunately I don’t quite fully understand Trusted Computing and the reason Mike Hearn was inquiring about it or how it would relate to early Bitcoin. However, I did also find this thread from Mike Hearn that Hal Finney later resurrected about TC: https://bitcointalk.org/index.php?topic=67508.0 And even more interesting, Hal Finney later wrote in his brief memoir of bitcoin, “Bitcoin and Me”, posted on the bitcointalk forum (https://bitcointalk.org/index.php?topic=155054.0) that he was currently “working on something Mike Hearn suggested, using the security features of modern processors, designed to support "Trusted Computing", to harden Bitcoin wallets.” Was Mike Hearn originally researching a use for trusted computing in Bitcoin but never implemented it only to later pass it on to Hal FInney as a “suggestion”? Mike on Google+ posted a link to Hal’s TC project when he learned Hal passed away and linked to Hal’s post on BTCtalk (https://plus.google.com/+MikeHearn ; https://bitcointalk.org/index.php?topic=154290.0 )

In searching for clues about Satoshi I came across a colloquial/slang term that he used. “Hack on” was used by Satoshi in the context of “work on”. https://bitcointalk.org/index.php?topic=1034.msg13206#msg13206 I found multiple instances where Mike Hearn used the same exact term in the same context: https://lists.linuxfoundation.org/pipermail/bitcoin-dev/2015-April/007779.html http://bitcoin-development.narkive.com/hczWIAby/bitcoin-development-cartographer https://web.archive.org/web/20170628004052/http://www.advogato.org/person/mikehearn/ https://mail.gnome.org/archives/desktop-devel-list/2003-March/msg00031.html

I do admit the “hack on” arguement is the weakest evidence as it is somewhat common term. However not everyone used it in that context (such as Hal Finney) and it does add to a list of coincidences.

Another weak coincidence is Mike Hearns birthday. MIke’s birthday is April 17th, 1984. Satoshi’s birthday was chosen as April 5th, 1975. I don’t know about you, but a lot of times when I have to enter a birthday in a service where I don’t want them knowing the truth, I usually always use my real birth month with fake day and year.

Mike went Facebook silent from July 23, 2007 to March 8, 2011 which also coincides with Satoshi’s existence and pre-release development of Bitcoin. https://www.facebook.com/i.am.the.real.mike?lst=662933243%3A61203304%3A1502324015

Here is Satoshi stating he started working on bitcoin in 2007 https://bitcointalk.org/index.php?topic=195.msg1617#msg1617,

According to Mike Hearn, Satoshi “communicated with a few of the core developers before leaving. He told myself and Gavin that he had moved on to other things and that the project was in good hands.“ https://bitcointalk.org/index.php?topic=145850.msg1558053#msg1558053 This is also backed up by the new email release here: https://pastebin.com/syrmi3ET Mike- “I had a few other things on my mind (as always). One is, are you planning on rejoining the community at some point (eg for code reviews), or is your plan to permanently step back from the limelight?” Satoshi- “I've moved on to other things. It's in good hands with Gavin and everyone.” The above communication is supposedly the last time anyone heard from Satoshi and none other than Mike Hearn was the recipient.
** Calendar of Mike travelling vs Satoshi post history. It would make sense that Satoshi would post less or not at all when he traveled.
Thoughts on the new email dump….draft notes…
https://pastebin.com/wA9Jn100
December 27, Mike decides to email Satoshi. This is 2 weeks after Satoshi went silent on the forums and Mike joined the forum. He has been back into Bitcoin for less than a month and he is already working on a “Java implementation of the simplified payment verification, with an eye to building a client that runs on Android phones.“ Mike said he was working on a client on December 22 a week after joining the community
By march 7 Mike had the Google “lawyers happy enough” about the bitcoinj release. Seems that within under 3 months Mike developed and released bitcoinj while also dealing with Google’s IP lawyers and copyright/licensing.
Satoshi mentioned the e-bay marketplace feature twice: I started implementing a marketplace feature earlier that facilitates offering things for sale and taking orders, it's only half done though. A bit like e-bay but without auctions, just "buy now". Among other things, it would make it easy for anyone to offer currency exchange.
https://pastebin.com/Na5FwkQ4
I was trying to implement an eBay style marketplace built in to the client. Publish/subscribe would be used for broadcasting product offers and ratings/reviews. Your reviews would be weighted by the blocks you've generated. I rightly abandoned it in favour of JSON-RPC, so other authors could implement it externally. The publish/subscribe "meet in the middle" mechanism was an interesting concept, but nothing remains that uses it. https://pastebin.com/JF3USKFT
Satoshi sought guidance about EC-DSA and RSA key length
April 18th 2009 Mike told Satoshi he works at Google, April 18th 2009 Mike Said they use protocol buffers “here at google” Jan 7 2011 Satoshi asked Mike if the client-only implementation would be Google proprietary. Jan 12th, 2011 Mike announced on bitcointalk that he worked for Google https://bitcointalk.org/index.php?topic=2745.msg37471#msg37471
Other searchables. Email addresses: [email protected] [email protected] Freenode IRC “TD” Brother David WIlliam Hearn,
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Thank you, Greg Maxwell, for sticking up for us. This awesome reply to Mike Hearn shows it.

(Quoted text by Mike Hearn. Reply text by Greg Maxwell.)
It was well .... understood that the users of Bitcoin would wish to protect its decenteralization by limiting the size of the chain to keep it verifyable on small devices.
No it wasn't. That is something you invented yourself much later. "Small devices" isn't even defined anywhere, so there can't have been any such understanding.
The actual understanding was the opposite. Satoshi's words: [...] Then he went on to talk about Moore's law and streaming HD videos and the like. At no point did he ever talk about limiting the system for "small devices".
I have been both working on and using Bitcoin for longer than you have been around, Gregory. Please don't attempt to bullshit me about what the plan was. And stop obscuring what this is about. It's not some personality cult - the reason I keep beating you over the head with Satoshi's words is because it's that founding vision of the project that brought everyone together, and gave us all a shared goal.
Mike, my first use of Bitcoin was in 2009. I wasn't vigorously active in the Bitcoin community until the beginning of 2011, indeed. But this is just a couple months after you (E.g. first code available for BitcoinJ was March 2011-- if you go by forums.bitcoin.org account times my account was created May 5th 2011 vs yours Dec 14th 2010; less than five months after yours). I was also working with related systems long before (E.g. RPOW in 2004). So give me a break, there is no rank to pull here.
Yet again you've managed to call me a bullshitter and guilty of "invention" when in fact I'm actually quoting the system's creator (although without the explicit fallacious argument from authority style you seem prefer). For someone who seems to base all his arguments on interpretations of someone's words you sure seem to call their words lies awfully often:
"Piling every proof-of-work quorum system in the world into one dataset doesn't scale." [...] "Bitcoin users might get increasingly tyrannical about limiting the size of the chain so it's easy for lots of users and small devices." ---- https://bitcointalk.org/index.php?topic=1790.msg28917#msg28917
If you'll note,, the post was Dec 10th 2010 and, presumably, made with an improved understanding of the implications of the system then comments made in 2008 before the system was even operational.
(The same message also mentions that smart contracts can be used to create trustless trade with off-chain systems; As well, later in that thread: "it will be much easier if you can freely use all the space you need without worrying about paying fees for expensive space in Bitcoin's chain.")
I haven't bothered arguing from old posts in the past because I find the practice of argument from authority on this subject abhorrent. It undermines the unique value of Bitcoin to argue based on a single personal opinion, to do so is to miss the point of Bitcoin in a deep and fundamental way. And in my opinion what you're doing is actually much worse: arguing from distortions of random quotations. But it's hard to tolerate the continue revision of history from you in silence.
Moreover, I find those arguments with respect Moore's law especially unconvincing because while I cannot read the mind of people who are not a part of this discussion and haven't chosen to comment, I've used the same argument myself and I know what I was thinking when I used it (and can establish as much, since I'm more verbose I elaborated on it): When someone pointed at Bitcoins global broadcast medium and loudly said that it cannot work because its absurd; and it's very easy to point out broad scaling behavior about what Bitcoin could achieve with complete centralization. Once this has been accepted the argument is over in Bitcoin's favor: Bitcoin's competition has highly centralized administration and so once someone has accepted Bitcoin can (in some way) accommodate the worlds transactions, even if that comes at the cost of 99% of the decentralization, it's clear that Bitcoin offers something interesting. (And for example, I elaborated on this in a Wiki edit in Aug 2011, https://en.bitcoin.it/w/index.php?title=Scalability&action=historysubmit&diff=14273&oldid=14112 -- though I shouldn't need to point this out to you, since it was you who subsequently erased these words from the page.)
Since when have we "campaigned" to "ignore problems" in the mining ecosystem? [...] Gregory, you are getting really crazy now. Stop it. The trend towards mining centralisation is not the fault of Gavin or myself, or anyone else.
For example, you fought vigorously to get Bitcoin Core off Bitcoin.org, which would ensure that users were not previously equipped with a node suitable for operating mining (which then contributed substantially to the poor usability of solutions like P2Pool; with 98% of it's install time spent waiting for Bitcoin Core to sync).
You've (in my view) aggressively advocated increasing the resource utilization of Bitcoin-- increasing the cost to participate in mining without delegation, with no consideration (or at least disclosure) of the ramifications on the system overall: https://bitcointalk.org/index.php?topic=149668.0
Gavin, for example, has advocated removing mining support from Bitcoin core on several occasions; and constantly professes ignorance on anything mining. His own interests are up to him, but to not be concerned about a central part of the system for anyone working on changing it at such a deep level is-- I think-- a bit problematic.
But I didn't intend to lay blame here, if anything I blame myself for not being more proactive in arguing against things things in the past.
The trend towards mining centralization is a result of various forces, many of which are modulated by the very things we're discussing here (or could be modulated by things we haven't discussed). You're the principle advocate of increasing the cost of a decentralized ecosystem around verification and driving the system towards a state where it is only viable in a more centralized mode. Bitcoin is an artificial construction, not a force of nature, and when someone seeks to change it they ought to take responsibility for what happens--- it's not acceptable to say "oh well, it's not eh fault of anyone" when the incentives drive it in a bad direction.
Is that your strategy on the systems resource consumption in general? Full throttle, no action when it goes off the rails, when the easily foreseeable negative outcomes happen it won't be the "fault" of anyone? If so, I don't think that is acceptable. We need to face the areas in which the system is failing, now and in the future... and not just pump for growth at all cost and shrug and say "oh well, we tried" when the predictable failure happens. It's far from clear to me that the world will get a second shot at this in the next several decades if Bitcoin lapses into the same-old, same-old.
And SPV is exactly what was always intended to be used. It's not something I "fixated" on, it's right there in the white paper. Satoshi even encouraged me to keep working on bitcoinj before he left!
The fixation comment was a specific reply to your long list of the "only reasons" to run a full node, which seemed to be basically said that the only reason to run one was to act as a server for SPV clients; as it listed several points on that-- all three of the numbered points were "serving SPV wallets"-- and buried the rest. I'm sorry if I read too much into it, though it's also consistent with your prior responses that the non-scalability of Bitcoin as a whole is irrelevant due to SPV.
I don't think there is anything fundamentally bad with SPV, it is what it is; it's a tool and an important one. But at the moment it is far more limited than you give it credit for both because it is only secure under certain assumptions which have been provably violated not just at risk of violation, and because the more complete vision of it (e.g. with fraud proofs) has never been implemented.
Look, it's clear you have decided that the way Bitcoin was meant to evolve isn't to your personal liking. That's fine. Go make an alt coin where your founding documents state that it's intended to always run on a 2015 Raspberry Pi, or whatever it is you mean by "small device". Remove SPV capability from the protocol so everyone has to fully validate. Make sure that's the understanding that everyone has from day one about what your alt coin is for. Then when someone says, gee, it'd be nice if we had some more capacity, you or someone else can go point at the announcement emails and say "no, GregCoin is meant to always be verifiable on small devices, that's our social contract and it's written into the consensus rules for that reason".
Now that I've established the "small device" text you're railing on here actually came from the system's creator prior to your involvement, can I expect an admission that your own "personal liking" doesn't have special authority over the system? But I hope you don't create an altcoin: I think it's possible to find ways to accommodate people with very different preferences under one tent, and if we are to build and support a worldwide system we must find those ways rather than fragmenting the marketplace.
submitted by johnnyrivers to Bitcoin [link] [comments]

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