Search found 27 matches

by jtimon
Fri Sep 09, 2011 5:16 pm
Forum: Project direction
Topic: Merged mining + timetravel fix @19200 - must upgrade
Replies: 156
Views: 189416

Re: Merged mining block number - 19200 - must upgrade

Sorry, but actually you do. The block is a chunk of data including the nonce. The hash of the block is just that: SHA(block). If you change even one bit of the block (e.g. by incrementing the nonce by 1), the hash of the block will change completely. That's the whole point of hash functions. Go bac...
by jtimon
Fri Sep 09, 2011 8:04 am
Forum: Project direction
Topic: Merged mining + timetravel fix @19200 - must upgrade
Replies: 156
Views: 189416

Re: Merged mining block number - 19200 - must upgrade

Well I like the algebra but I think there is a problem here because the block formally contains the nonce. You can see them in the block explorers. Last NMC block (18903) had inside it Nonce: 2250928270 The nonce alone is never hashed, the hash is done of the whole block which contains the nonce. S...
by jtimon
Thu Sep 08, 2011 5:30 pm
Forum: Project direction
Topic: Merged mining + timetravel fix @19200 - must upgrade
Replies: 156
Views: 189416

Re: Merged mining block number - 19200 - must upgrade

How can a bitcoin miner include NMC transactions in a block (including 50 NMC for himself) and still have a block which is a solution to the BTC block validity constraints? First the miner includes all transactions, then he hashes with a nounce to try to win difficulty. The exact details have to do...
by jtimon
Thu Sep 08, 2011 4:01 pm
Forum: Project direction
Topic: Merged mining + timetravel fix @19200 - must upgrade
Replies: 156
Views: 189416

Re: Merged mining block number - 19200 - must upgrade

How does this merged mining change provide improved security for the namecoin network? Because more miners will work for the network. All the current bitcoin miners should do it, because the additional cost for them is meaningless. Unless the answer is 100% clear then it is a mistake to jump to new...
by jtimon
Thu Aug 25, 2011 7:44 am
Forum: Project direction
Topic: Merged mining + timetravel fix @19200 - must upgrade
Replies: 156
Views: 189416

Re: Merged mining block number

Since it's tested, I don't see any reason to wait until 24000. And a month is enough time for people to change their clients.
by jtimon
Wed Aug 24, 2011 3:41 pm
Forum: General Discussion
Topic: trading nmc for btc in a completely distributed way
Replies: 3
Views: 3790

Re: trading nmc for btc in a completely distributed way

It seems there's a better solution than my proposal that doesn't involves the creation of a new chain.
by jtimon
Wed Aug 24, 2011 10:40 am
Forum: General Discussion
Topic: implications of merged mining / shared blockchain
Replies: 44
Views: 36656

Re: implications of merged mining / shared blockchain

Do the bitcoin developers see this "mine a lot and then leave" as a possible attack?
by jtimon
Wed Aug 24, 2011 9:44 am
Forum: General Discussion
Topic: implications of merged mining / shared blockchain
Replies: 44
Views: 36656

Re: implications of merged mining / shared blockchain

Why don't change the retarget to 2016 blocks or two weeks, whatever happens first? The "mine a lot a leave" could be considered an attack. Because anything involving 'real world time' to decide when to change difficulty will be problematic with the different clock times in clients. I see. Didn't th...
by jtimon
Wed Aug 24, 2011 6:35 am
Forum: General Discussion
Topic: implications of merged mining / shared blockchain
Replies: 44
Views: 36656

Re: implications of merged mining / shared blockchain

The only problem I can really forsee is some kind of backlash or revolt amongst mining pools for whatever reason. Imagine that deepbit.net decides to take us up on the mergined mining offer after block 24k, if only to place a few hundred thousand namecoins in tycho's personal pocket without telling...