4 ms·
Yes, blockchain markets are worse in many ways; that's obvious. But I don't think your speculation about miners has any merit. Your statement in section 7 seem
by scottlocklin 8y ago
Yes, blockchain markets are worse in many ways; that's obvious. But I don't think your speculation about miners has any merit.
Your statement in section 7 seems to not understand how blockchains work. I could be wrong; it don't pass the sniff test. Since I actually have a day job, I may not have time to look into this in enough detail to thoroughly pull it apart, but hey, maybe they'll catch it in "peer review."
- phildaian 8y agoIf you find something wrong with it, consider this an open offer for me to revise or withdraw the paper as a result. That being said, I've been studying blockchains for years, and this paper has been reviewed by some very high caliber designers of blockchain protocols in both academia and industry. It also uses very simple models as in http://randomwalker.info/publications/mining_CCS.pdf http://randomwalker.info/publications/mining_CCS.pdf which in my view are extremely unlikely to be incorrect (of course, anything is possible).