Re:The senatorial governance of Bitcoin: making (de)centrali...
by nullc on Tuesday January 07, 2020 @05:36PM
(#21985887)
> non-conflicting transactions of blocks outside the main chain are included in the ledger
I am pretty sure that isn't true. I'm looking at the code, and the only thing I see included for 'uncles' is the header. This has the beneficial property that higher orphan rates increase difficulty which should lower orphan rates.
OTOH, it doesn't appear that including other people's orphans is incentive compatible without the rest of ghost (because it lowers your own future income).
"a version of" -- there is no close in cryptography. :) Security analysis usually do not apply well to approximations.
I am pretty sure that isn't true. I'm looking at the code, and the only thing I see included for 'uncles' is the header. This has the beneficial property that higher orphan rates increase difficulty which should lower orphan rates.
OTOH, it doesn't appear that including other people's orphans is incentive compatible without the rest of ghost (because it lowers your own future income).
"a version of" -- there is no close in cryptography. :) Security analysis usually do not apply well to approximations.
Edit: See also this answer, https://ethereum.stackexchange.com/a/41647