nickodell

02:26	petertodd	no, really, like, all the big pools do this
02:26	CodeShark	do what? SPV?
02:27	petertodd	CodeShark: yeah, they use getblocktemplate and what not to find 
when other pools make blocks, and quickly build on top of them - actually SPV is putting
it strongly, they don't really do any authentication

[log edited for brevity]

nickodell

Your post advocates a

( ) sidechains ( ) block-size increase ( ) anti-spam ( ) lightning-network ( ) off-chain

approach to scaling Bitcoin. Your idea will not work. Here is why it won't work. (One or more of the following may apply to your particular idea, and it may have other flaws.)

( ) There is no explanation of how Bitcoins on the sidechain will get back onto the mainchain.
( ) This will make it more difficult to run a full node, when node counts are already dropping.
( ) The idea of "spam transactions" is not well defined, and every proposed filtering method impedes legitimate use cases.
( ) Your approach allows unrelated nodes to defraud each other, and there is no arbitration process other than "complain on reddit."

nickodell

## I used the following program to benchmark ECDSA multiply vs. ECDSA
## multiply-then-add.
##
## Originally from http://bitcoin.stackexchange.com/a/25039
##
## Sample output (where I get my 2% figure from.)
## =======================================================================
## 7.90899729849
## 8.05856181495
## pubkey 0x50863ad64a87ae8a2fe83c1af1a8403cb53f53e486d8511dad8a04887e5b2352L 0x2cd470243453a299fa9e77237716103abc11a1df38855ed6f2ee187e9c582ba6L

nickodell

#!/bin/bash
#nmcli dev wifi con "$SSID" password "$password"
yum update -y
yum install -y net-tools traceroute git mosh screen make automake gcc gcc-c++ kernel-devel

nickodell

#!/usr/bin/python
import hashlib, struct

# Mine genesis block
ver = 1
prev_block = "0000000000000000000000000000000000000000000000000000000000000000"
mrkl_root =  "4a5e1e4baab89f3a32518a88c31bc87f618f76673e2cc77ab2127b7afdeda33b"
time_ = 1231006505
bits = 0x1d00ffff

nickodell

#!/bin/sh
ssh root@$1 "wget -O - https://gist.githubusercontent.com/nickodell/9a6f556861a953e5d6b2/raw/setup.sh | sh"

nickodell

#!/bin/sh
# Run using 
# wget -O - https://gist.githubusercontent.com/nickodell/9a6f556861a953e5d6b2/raw/setup.sh | sh
apt-get update
apt-get install -y mosh screen
git clone https://github.com/nickodell/build_bitcoin.git

nickodell

library IEEE;
use IEEE.STD_LOGIC_1164.ALL;
use IEEE.STD_LOGIC_UNSIGNED.ALL;

entity Switches_LEDs is
    Port ( switches : in  STD_LOGIC_VECTOR(0 downto 0);
  		  LEDs     : out STD_LOGIC_VECTOR(7 downto 0);
			  clock    : in STD_LOGIC
			 );
end Switches_LEDs;

nickodell

library IEEE;
use IEEE.STD_LOGIC_1164.ALL;

entity Switches_LEDs is
    Port ( switches : in  STD_LOGIC_VECTOR(7 downto 0);
  		  LEDs     : out STD_LOGIC_VECTOR(7 downto 0));       
end Switches_LEDs;

architecture Behavioral of Switches_LEDs is
   signal A      : STD_LOGIC_VECTOR(3 downto 0);

nickodell

8,9c8,9
<   looking at device '/devices/pci0000:00/0000:00:1d.7/usb2/2-1/2-1.3/2-1.3.4/2-1.3.4:1.0/ttyUSB1/tty/ttyUSB1':
<     KERNEL=="ttyUSB1"
---
>   looking at device '/devices/pci0000:00/0000:00:1d.7/usb2/2-1/2-1.3/2-1.3.1/2-1.3.1.4/2-1.3.1.4:1.0/ttyUSB2/tty/ttyUSB2':
>     KERNEL=="ttyUSB2"
13,14c13,14
<   looking at parent device '/devices/pci0000:00/0000:00:1d.7/usb2/2-1/2-1.3/2-1.3.4/2-1.3.4:1.0/ttyUSB1':
<     KERNELS=="ttyUSB1"
---