Author: Adam Back 2013-06-02 21:45:54
Published on: 2013-06-02T21:45:54+00:00
The email conversation talks about the idea of using proof-of-work unrelated to bitcoin and then abusing bitcoin to obtain that proof in BTC. Different ways of achieving this are discussed, including creating unspendable addresses, spending to anyone, and standardizing spend-to-fees only miners can claim. Sacrificing bitcoins to strengthen the security of the network is proposed as a better option than sending money to unspendable outputs. The discussion also includes technical details about how to implement such changes and make them secure. The email ends with a promotion for AppDynamics Lite, a free troubleshooting tool designed for production.
Updated on: 2023-06-06T18:27:52.100103+00:00