4 ms·
it is true that bitcoin has a reference specification, but only a small subset of that code is actual consensus code, but the rest of your message is just bs.
by keymone 8y ago
it is true that bitcoin has a reference specification, but only a small subset of that code is actual consensus code, but the rest of your message is just bs.
knowing consensus rules is the easy bit - code is open source, there are multiple implementations, there is community, there are users, merchants, exchanges - they all agree what consensus rules are. but what's most important - I CAN VALIDATE FULL BITCOIN BLOCKCHAIN IN REASONABLE AMOUNT OF TIME AND VERIFY THAT I FOLLOW THE CORRECT CHAIN.
you seem to have forgotten what this thread is about. it's a short one - i'm sure you can track back and read it again, carefully.
edit: clarification.
- bhaak 8y agoHow do you know you got the right source code? If you have multiple implementations that disagree how do you decide which one is the right one if there are also 2 competing blockchains available? You said "You only need to know consensus rules. You can use any software, you can build it yourself, you can order an audit, you can write software yourself." and that's plain wrong. You need to ensure you got the right consensus rules. This is not as easy as you put it.
- aeternus 8y agoYou actually do not need to know the consensus rules to determine the PoW chain with the most work. Simply by understanding the hash function and difficulty, you can calculate the total work of any PoW blockchain. This provides some amount of trust that is very difficult to subvert. You only need to know the consensus rules if you want to be a miner on the chain.
- keymone 8y agoi make a choice and i VALIDATE THE FUCKING BLOCKCHAIN what is so hard to grasp about this?