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Author Topic: The Bitcoin Dilemma: Can the Internet be shutdown?  (Read 5764 times)
Overman (OP)
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April 09, 2012, 02:02:02 AM
 #1

If Bitcoin could feasibly be made inaccessible through the shutdown of the Internet, then its value is limited. Otherwise, it should be immortal.

What does the future likely hold for Bitcoin?
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Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
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April 09, 2012, 02:11:12 AM
 #2

If the internet is shutdown there are more fundamental problems than the utility of bitcoin.

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Raoul Duke
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April 09, 2012, 02:11:59 AM
 #3

Ask this guy:
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April 09, 2012, 02:24:10 AM
 #4

If the internet is shutdown there are more fundamental problems than the utility of bitcoin.

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Yea that is a light way to put it. Nowadays it is hard to imagine a world without internet, those images are reserved for nightmares lol
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April 09, 2012, 03:55:05 AM
 #5

All I can say is if the internet goes, my life is over lol Tongue Its like saying if the United States fails, wouldn't the USD be worthless ?
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April 09, 2012, 04:15:01 AM
 #6

Yea I would see a boring future ahead if there was no internet. But then again people did it before, we could do it again lol
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April 09, 2012, 05:19:32 AM
 #7

Yea I would see a boring future ahead if there was no internet. But then again people did it before, we could do it again lol

Not really. Once you grow into a place having it scorched doesn't put you back were you are, it puts you fucked.

Obv some people will make it, but 'we' will be fucked.

Play Bitcoin Poker at sealswithclubs.eu. We're active and open to everyone.
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April 09, 2012, 06:25:43 AM
 #8

Consider the attempt last year for the government of Egypt to block cross-border Internet traffic.   Sites like gmail, Youtube and CNN even were not accessible by those within Egypt.  But the traffic within the country was still functional.  Eventually the bitcoin client would find peers within the country (or helped a bit by manually specifying which peers to connect to) so all that needs to happen is for one of those nodes to connect to the rest of the internet for the blockchain to be kept current.  That could occur over dialup if nothing else.

There are other ways the Internet could survive if disruptions to massive subcomponents were to occur (e.g., if consumer access providers were to block all traffic, for instance).  Metro-wide networks built using mesh networking technologies with inter-city peering links could some day make reliance on the existing Internet infrastructure.  You wouldn't get Facebook but you could still route e-mail, transfer data files and transact using bitcoin.

Here's one approach for a quick-deploy emergency internet:
 - http://wiki.hacdc.org/index.php/Byzantium#Project_Goals

Unichange.me

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April 09, 2012, 10:10:10 AM
 #9

All I can say is if the internet goes, my life is over lol Tongue Its like saying if the United States fails, wouldn't the USD be worthless ?

depends on how many trillions are stored in Iraqi and Chinese warehouses by the container load.

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April 09, 2012, 11:03:42 AM
 #10

I can picture it now in bookstores: "The Bitcoin Dilemma: How a specific paypal alternative for moonlighting libertarians will lose value of the Internet stops existing." thanks for the sig quote bro
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April 09, 2012, 11:06:29 AM
 #11

Maybe one day we will have an internet where you can only use APPS from legit stores/marketplaces. Any unofficial APP won't work.

After all, even today good luck for ifail user to get the bitcoin client APP, it keep getting removed from the APPstore and they have to jailbreak and get the korean one.

Do you remember good old days when you just downloaded and installed the software?

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April 09, 2012, 11:07:18 AM
 #12

I love trolls.
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April 09, 2012, 01:05:12 PM
 #13

Metro-wide networks built using mesh networking technologies with inter-city peering links could some day make reliance on the existing Internet infrastructure.  You wouldn't get Facebook but you could still route e-mail, transfer data files and transact using bitcoin.

This is something I wouldn't be surprised to see within the next twenty years if net-legislation continues down the path it's on.

I'm unsure whether I see that as a bad thing or a good thing.
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April 09, 2012, 01:07:55 PM
 #14

This thread smells like Atlas.

Raoul Duke
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April 09, 2012, 01:20:25 PM
 #15

This thread smells like Atlas.

eh WB Mat Tongue
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April 09, 2012, 01:53:01 PM
 #16

This thread smells like Atlas.
Yeah, runny baby shit and punk bitch tears, that's the odor.

"Science flies you to the Moon, religion flies you into buildings."
 - Victor Stenger

"Religion is regarded by the common people as true, by the wise as false, and the rulers as useful."
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April 09, 2012, 02:11:53 PM
 #17

If the Internet is brought down as a whole on a temporary fashion, Bitcoin will just pick up right were it left off upon the reformation of the network.  There is only one way to stop the Internet long term, and that's a global nuclear war.  If that happens, your gold is worthless too.

Bullets, maybe not.

That said, even the compete destruction of the Internet does not necessarily result in the breakdown of the Bitcoin network, although it would certainly disrupt it.  If two bitcoin clients survive, and can establish a direct link to each other, then Bitcoin survives.  Many copies keep data safe, and bitcoin takes that method to an extreme.

"The powers of financial capitalism had another far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent meetings and conferences. The apex of the systems was to be the Bank for International Settlements in Basel, Switzerland, a private bank owned and controlled by the world's central banks which were themselves private corporations. Each central bank...sought to dominate its government by its ability to control Treasury loans, to manipulate foreign exchanges, to influence the level of economic activity in the country, and to influence cooperative politicians by subsequent economic rewards in the business world."

- Carroll Quigley, CFR member, mentor to Bill Clinton, from 'Tragedy And Hope'
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April 09, 2012, 02:16:16 PM
 #18

Metro-wide networks built using mesh networking technologies with inter-city peering links could some day make reliance on the existing Internet infrastructure.  You wouldn't get Facebook but you could still route e-mail, transfer data files and transact using bitcoin.

This is something I wouldn't be surprised to see within the next twenty years if net-legislation continues down the path it's on.



This is something that I expect to see in the next five years regardless.  It's already being done in many cities.

"The powers of financial capitalism had another far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent meetings and conferences. The apex of the systems was to be the Bank for International Settlements in Basel, Switzerland, a private bank owned and controlled by the world's central banks which were themselves private corporations. Each central bank...sought to dominate its government by its ability to control Treasury loans, to manipulate foreign exchanges, to influence the level of economic activity in the country, and to influence cooperative politicians by subsequent economic rewards in the business world."

- Carroll Quigley, CFR member, mentor to Bill Clinton, from 'Tragedy And Hope'
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April 09, 2012, 02:18:06 PM
 #19

As i said, what i fear is that the internet change and become like current smartphones, with only approved APP given on approved STORE

Or, a lot of places where you have to register accept facebook profile instead of registering a new account, next step will be accept ONLY facebook profiles.

So the internet freedom become a small niche of us nerds instead of now

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April 09, 2012, 02:48:36 PM
 #20

As i said, what i fear is that the internet change and become like current smartphones, with only approved APP given on approved STORE

Or, a lot of places where you have to register accept facebook profile instead of registering a new account, next step will be accept ONLY facebook profiles.

So the internet freedom become a small niche of us nerds instead of now

Such fears are based upon a fundamental lack of understanding about what the Internet actually is

And as for smartphones, ever heard of 'rooting'?

"The powers of financial capitalism had another far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent meetings and conferences. The apex of the systems was to be the Bank for International Settlements in Basel, Switzerland, a private bank owned and controlled by the world's central banks which were themselves private corporations. Each central bank...sought to dominate its government by its ability to control Treasury loans, to manipulate foreign exchanges, to influence the level of economic activity in the country, and to influence cooperative politicians by subsequent economic rewards in the business world."

- Carroll Quigley, CFR member, mentor to Bill Clinton, from 'Tragedy And Hope'
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April 10, 2012, 01:40:18 AM
 #21

If the internet is shutdown there are more fundamental problems than the utility of bitcoin.

marked

I agree with marked.
If the internet is shut down, BTC would not be one of the top concerns for many people at all. This will not happen for obvious reasons. I wouldn't worry.

-Reece

Watch the south park episode where the internet is gone It's Just Gone and it will tell you everything you need to know about this subject lol
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April 10, 2012, 08:48:30 AM
 #22

In other news...

Iran expected to permanently cut off Internet by August
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April 10, 2012, 02:55:59 PM
 #23


This would be a good opprotunity to see if bitcoin routes around the block.  Do we have any forum members from Iran?  Considering that access to this forum may be blocked later, I wonder if we could set up a means to test bitcoin penetration into Iran after the block.  Say, perhaps, get the bitcoin address of a volunteer in Iran.  After the block, other volunteers could send small bitcoin amounts to this address, and if the user in Iran can see those payments, return them to the senders.  If one person sent a small amount each day, and the volunteer agreed to return those payments as quickly as reasonable, we could track the effectiveness of the block.

"The powers of financial capitalism had another far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent meetings and conferences. The apex of the systems was to be the Bank for International Settlements in Basel, Switzerland, a private bank owned and controlled by the world's central banks which were themselves private corporations. Each central bank...sought to dominate its government by its ability to control Treasury loans, to manipulate foreign exchanges, to influence the level of economic activity in the country, and to influence cooperative politicians by subsequent economic rewards in the business world."

- Carroll Quigley, CFR member, mentor to Bill Clinton, from 'Tragedy And Hope'
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April 10, 2012, 03:08:41 PM
 #24

The Internet can't be shut down. However, it can be greatly slowed down. The electronic communication between computers is what is assumed to be the 'internet'. Anyone with the correct ham radio and software can have the internet, although don't expect to be watching youtube videos. Smiley  

But Bitcoin could still work over the airwaves via a mesh network internet. Ideally, NFC (Near Field Communications) could be employed within devices to further enhance the ability.

2-Meter Radio, I believe can be bought on sight without tested licensing.


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April 10, 2012, 10:52:05 PM
 #25


2-Meter Radio, I believe can be bought on sight without tested licensing.


Pretty  much any ham gear, but using it is going to get the feds on your tail, because hams aren't going to suffer you for long.  It's a fine emergency communications plan, however, and an attack on the commercial Internet infrastructure might just qualify.  In a true emergency, anyone has the right to transmit.  True emergencies mean that life or property is in immediate danger, not that you can't read your email.

To be honest, however; Marine VHF gear has been in use by unlicensed users for some time now.  As long as you are using it far enough from the ocean, and yield to primary users, that you don't tick anyone off, then no one calls the FCC and thus no one really cares. 

"The powers of financial capitalism had another far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent meetings and conferences. The apex of the systems was to be the Bank for International Settlements in Basel, Switzerland, a private bank owned and controlled by the world's central banks which were themselves private corporations. Each central bank...sought to dominate its government by its ability to control Treasury loans, to manipulate foreign exchanges, to influence the level of economic activity in the country, and to influence cooperative politicians by subsequent economic rewards in the business world."

- Carroll Quigley, CFR member, mentor to Bill Clinton, from 'Tragedy And Hope'
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April 11, 2012, 02:18:41 AM
 #26

2 - Meter is the easiest to get into. The technology has vastly improved with trunked spread spectrum, etc...

Of course any serious user would upgrade and become licensed probably with a General License. Radio Modems have significantly improved throughput. You can always fallback on J3E (TEL), F1B (DSC/TLX), A1A (CW), etc...

Don't anyone get excited, equipment can range into the thousands and 10's of thousands of dollars.  There are relatively inexpensive ways to get started though. I believe the Novice License can be issued at the store for 2-meter (don't quote me, not sure). I had to do a pretty long course.


But as you bring it up...

Notice anything unique about this search:

https://www.google.com/#hl=en&sugexp=frgbld&gs_nf=1&gs_mss=hamcompu&pq=hamcomputers%20gpumax&cp=19&gs_id=2z&xhr=t&q=hamcomputers+gpumax&pf=p&sclient=psy-ab&oq=hamcomputers+gpumax&aq=f&aqi=&aql=&gs_l=&pbx=1&bav=on.2,or.r_gc.r_pw.r_qf.,cf.osb&fp=69fd871f5b2bc427&biw=1279&bih=664&bs=1



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April 11, 2012, 02:55:07 AM
 #27

This thread smells like Atlas.
Funny you say that, my Atlas Detector immediately started peeping as well.
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April 11, 2012, 04:14:17 AM
 #28


Is it your's?

"The powers of financial capitalism had another far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent meetings and conferences. The apex of the systems was to be the Bank for International Settlements in Basel, Switzerland, a private bank owned and controlled by the world's central banks which were themselves private corporations. Each central bank...sought to dominate its government by its ability to control Treasury loans, to manipulate foreign exchanges, to influence the level of economic activity in the country, and to influence cooperative politicians by subsequent economic rewards in the business world."

- Carroll Quigley, CFR member, mentor to Bill Clinton, from 'Tragedy And Hope'
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April 11, 2012, 10:21:22 PM
 #29

http://pskmail.wikispaces.com/

If you have a ham license and a HF rig, You are never out of touch.

I wonder how difficult it would be to modify this server code to move bitcoin messages.

"The powers of financial capitalism had another far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent meetings and conferences. The apex of the systems was to be the Bank for International Settlements in Basel, Switzerland, a private bank owned and controlled by the world's central banks which were themselves private corporations. Each central bank...sought to dominate its government by its ability to control Treasury loans, to manipulate foreign exchanges, to influence the level of economic activity in the country, and to influence cooperative politicians by subsequent economic rewards in the business world."

- Carroll Quigley, CFR member, mentor to Bill Clinton, from 'Tragedy And Hope'
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April 11, 2012, 10:35:28 PM
 #30

Consider the attempt last year for the government of Egypt to block cross-border Internet traffic.   Sites like gmail, Youtube and CNN even were not accessible by those within Egypt.  But the traffic within the country was still functional.  Eventually the bitcoin client would find peers within the country (or helped a bit by manually specifying which peers to connect to) so all that needs to happen is for one of those nodes to connect to the rest of the internet for the blockchain to be kept current.  That could occur over dialup if nothing else.

There are other ways the Internet could survive if disruptions to massive subcomponents were to occur (e.g., if consumer access providers were to block all traffic, for instance).  Metro-wide networks built using mesh networking technologies with inter-city peering links could some day make reliance on the existing Internet infrastructure.  You wouldn't get Facebook but you could still route e-mail, transfer data files and transact using bitcoin.

Here's one approach for a quick-deploy emergency internet:
 - http://wiki.hacdc.org/index.php/Byzantium#Project_Goals


what if all major interchange points were shut down like http://en.wikipedia.org/wiki/MAE-East and http://en.wikipedia.org/wiki/MAE-West  the result would be an overload of traffic on the rest of the system making the internet essentially worthless. Think cascading failure,  it would be like a denial of service on the network
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April 11, 2012, 10:47:13 PM
 #31

YES It is possible! ... just successfully switched of my Internet!
Guess what, I had to reload it all! It´s really dangerous!

Imagine!

If politicians switch of their Internet, you will no longer know what they are ... uhm ... but still ... sounds scary!

The paining (sic!) is done with the QPainter class inside the paintEvent() method.
(source: my internet)
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April 11, 2012, 11:20:20 PM
 #32

Consider the attempt last year for the government of Egypt to block cross-border Internet traffic.   Sites like gmail, Youtube and CNN even were not accessible by those within Egypt.  But the traffic within the country was still functional.  Eventually the bitcoin client would find peers within the country (or helped a bit by manually specifying which peers to connect to) so all that needs to happen is for one of those nodes to connect to the rest of the internet for the blockchain to be kept current.  That could occur over dialup if nothing else.

There are other ways the Internet could survive if disruptions to massive subcomponents were to occur (e.g., if consumer access providers were to block all traffic, for instance).  Metro-wide networks built using mesh networking technologies with inter-city peering links could some day make reliance on the existing Internet infrastructure.  You wouldn't get Facebook but you could still route e-mail, transfer data files and transact using bitcoin.

Here's one approach for a quick-deploy emergency internet:
 - http://wiki.hacdc.org/index.php/Byzantium#Project_Goals


what if all major interchange points were shut down like http://en.wikipedia.org/wiki/MAE-East and http://en.wikipedia.org/wiki/MAE-West  the result would be an overload of traffic on the rest of the system making the internet essentially worthless. Think cascading failure,  it would be like a denial of service on the network

Yes, you make a good point.

I would propose though that 'efficiency' shouldn't be the sole model for durability. Imagine someone ddos'ing FIDO Mail. It would be a futile exercise.

Decentralized meshed networks, might not be efficient, but they are durable. Also, by just slowing down the information a little, it deters attacks on a system.

Remember all those BBS's that would call each other once a day or so and pass on information? Hard to stop that especially when there are so many lines of transfer of information between them.



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April 12, 2012, 02:45:31 AM
 #33

Consider the attempt last year for the government of Egypt to block cross-border Internet traffic.   Sites like gmail, Youtube and CNN even were not accessible by those within Egypt.  But the traffic within the country was still functional.  Eventually the bitcoin client would find peers within the country (or helped a bit by manually specifying which peers to connect to) so all that needs to happen is for one of those nodes to connect to the rest of the internet for the blockchain to be kept current.  That could occur over dialup if nothing else.

There are other ways the Internet could survive if disruptions to massive subcomponents were to occur (e.g., if consumer access providers were to block all traffic, for instance).  Metro-wide networks built using mesh networking technologies with inter-city peering links could some day make reliance on the existing Internet infrastructure.  You wouldn't get Facebook but you could still route e-mail, transfer data files and transact using bitcoin.

Here's one approach for a quick-deploy emergency internet:
 - http://wiki.hacdc.org/index.php/Byzantium#Project_Goals


what if all major interchange points were shut down like http://en.wikipedia.org/wiki/MAE-East and http://en.wikipedia.org/wiki/MAE-West  the result would be an overload of traffic on the rest of the system making the internet essentially worthless. Think cascading failure,  it would be like a denial of service on the network

Yes, you make a good point.

I would propose though that 'efficiency' shouldn't be the sole model for durability. Imagine someone ddos'ing FIDO Mail. It would be a futile exercise.

Decentralized meshed networks, might not be efficient, but they are durable. Also, by just slowing down the information a little, it deters attacks on a system.

Remember all those BBS's that would call each other once a day or so and pass on information? Hard to stop that especially when there are so many lines of transfer of information between them.


yeah i  was around in the BBS days,  and yes the internet is durable.  but going back to the functional level of the '90s  seems like a big cluster to me.  but it would better than nothing
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April 12, 2012, 04:40:57 AM
 #34

yeah i  was around in the BBS days,  and yes the internet is durable.  but going back to the functional level of the '90s  seems like a big cluster to me.  but it would better than nothing

Big cluster, yes.  But the root point of this thread is that Bitcoin would not be greatly affected by that.  Neither would email.  But Facebook, Viop and my Steam games would be completely useless.  Likely Twitter and the other high speed social networks, even if they deal in short fits of text.  Simply because they deal with so much text headed towards one single choke point.

Bitcoin does not have a choke point as long as the individual user can get any bandwidth.

Miners would be screwed, however, because any blocks they mine would take too long to propogate.

"The powers of financial capitalism had another far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent meetings and conferences. The apex of the systems was to be the Bank for International Settlements in Basel, Switzerland, a private bank owned and controlled by the world's central banks which were themselves private corporations. Each central bank...sought to dominate its government by its ability to control Treasury loans, to manipulate foreign exchanges, to influence the level of economic activity in the country, and to influence cooperative politicians by subsequent economic rewards in the business world."

- Carroll Quigley, CFR member, mentor to Bill Clinton, from 'Tragedy And Hope'
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April 12, 2012, 07:39:30 AM
 #35

If miners are screwed then so is everbody
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April 12, 2012, 07:53:03 PM
 #36

If miners are screwed then so is everbody

Beg to differ. Miners would not fail. Difficulty would fall due to lack of latency and profitability. Pools would become less important than solo mining. I don't think this is bad. The tendency is to mine at full capacity and bet the other guys. If everybody mines a little with reduced difficulty, it still works. PPS wouldn't be really effective but solo would do fine but it would be more of a lottery. Maybe you win, maybe you don't.

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April 12, 2012, 07:54:52 PM
 #37

If miners are screwed then so is everbody

Beg to differ. Miners would not fail. Difficulty would fall due to lack of latency and profitability. Pools would become less important than solo mining. I don't think this is bad. The tendency is to mine at full capacity and bet the other guys. If everybody mines a little with reduced difficulty, it still works. PPS wouldn't be really effective but solo would do fine but it would be more of a lottery. Maybe you win, maybe you don't.
If a new block takes more than 10 minutes to propagate across the ENTIRE Bitcoin network, then yes, everybody is screwed.  And I can't imagine a network of VHF radios being able to propagate transactions very quickly.
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April 12, 2012, 07:58:49 PM
 #38

If miners are screwed then so is everbody

Beg to differ. Miners would not fail. Difficulty would fall due to lack of latency and profitability. Pools would become less important than solo mining. I don't think this is bad. The tendency is to mine at full capacity and bet the other guys. If everybody mines a little with reduced difficulty, it still works. PPS wouldn't be really effective but solo would do fine but it would be more of a lottery. Maybe you win, maybe you don't.
If a new block takes more than 10 minutes to propagate across the ENTIRE Bitcoin network, then yes, everybody is screwed.  And I can't imagine a network of VHF radios being able to propagate transactions very quickly.

Yes, a slow mesh network would take time if done like the old BBS communication system.

VHF, UHF, HF, etc... Well, that wouldn't take a lot of time at all. You realize voice, video, and text are currently being transmitted around the world at the speed of light. An NFC Mesh Network would be a little slower but still pretty damn fast.

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April 12, 2012, 08:16:06 PM
 #39

I think the real interesting question is what would happen in the case of a netsplit (used to be common in IRC) -- today one would probably be caused by a totalitarian regime implementing a countrywide firewall (google "great firewall of china").  First question is how well bitcoin could route around it? 

The second question comes from the observation that clearly after a few weeks passed we'd then have 2 independent perfectly consistent blockchains.  After a few weeks, months, or years, when the great firewall finally goes down, how does the bitcoin network rejoin?  In theory it would be possible to rejoin perfectly.  In practice, I think that anyone with a communications pathway (possibly even paper) could double-spend their coins on either side of the firewall, causing major chaos.

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April 12, 2012, 08:25:55 PM
 #40

I think the real interesting question is what would happen in the case of a netsplit (used to be common in IRC) -- today one would probably be caused by a totalitarian regime implementing a countrywide firewall (google "great firewall of china").  First question is how well bitcoin could route around it? 

The second question comes from the observation that clearly after a few weeks passed we'd then have 2 independent perfectly consistent blockchains.  After a few weeks, months, or years, when the great firewall finally goes down, how does the bitcoin network rejoin?  In theory it would be possible to rejoin perfectly.  In practice, I think that anyone with a communications pathway (possibly even paper) could double-spend their coins on either side of the firewall, causing major chaos.
I don't think it would be possible to rejoin the chains after such an incident.  Preferably, there would be some way to differentiate the two, and keep them separate.  Double-spends would stand, because there's nothing you could do about them.  Theoretically, if everyone double-spent on both chains, you'd then have twice the number of coins in circulation (42M instead of 21M).

I think the only way to rejoin them would be to orphan one of the chains, which obviously wouldn't be possible after such a long period.  All it would take is one bad transaction (i.e., one double spend) to ruin the whole chain and make them incompatible with each other.
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April 12, 2012, 08:28:56 PM
 #41

I think the real interesting question is what would happen in the case of a netsplit (used to be common in IRC) -- today one would probably be caused by a totalitarian regime implementing a countrywide firewall (google "great firewall of china").  First question is how well bitcoin could route around it?  

The second question comes from the observation that clearly after a few weeks passed we'd then have 2 independent perfectly consistent blockchains.  After a few weeks, months, or years, when the great firewall finally goes down, how does the bitcoin network rejoin?  In theory it would be possible to rejoin perfectly.  In practice, I think that anyone with a communications pathway (possibly even paper) could double-spend their coins on either side of the firewall, causing major chaos.



Very Good, This is testable and it doesn't need to be a country wide isolation.

Have 3 Bitcoin clients and 2 miner bitcoind exposed to the internet. Then disconnect the internet but continue transactions between the clients and allow the miners to continue to find blocks. The difficulty will drop and you will quickly start finding blocks. After 2 months, expose the network back to the internet and see what happens.


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April 12, 2012, 08:33:53 PM
 #42

I think the real interesting question is what would happen in the case of a netsplit (used to be common in IRC) -- today one would probably be caused by a totalitarian regime implementing a countrywide firewall (google "great firewall of china").  First question is how well bitcoin could route around it? 

The second question comes from the observation that clearly after a few weeks passed we'd then have 2 independent perfectly consistent blockchains.  After a few weeks, months, or years, when the great firewall finally goes down, how does the bitcoin network rejoin?  In theory it would be possible to rejoin perfectly.  In practice, I think that anyone with a communications pathway (possibly even paper) could double-spend their coins on either side of the firewall, causing major chaos.

The smaller segment (i.e. china vs rest of world) will have a shorter blockchain.  When the network rejoins all the blocks from the smaller subnet will be oprhaned as nodes replace them with blocks from the larger subnet.

Any non double spend tx would simply revert to 0-confirm and would be included in the next block (or blocks because blocks will be very full depends on how long the split lasted).

All coinbase tx will be orphaned.  There is a 120 block limit on spending but a split of >120 blocks would mean any subsequent tx will be invalid. 

Intentional double spends would be the largest issue.

Smart thing to do in a network split like that would be to make a paper backup of your wallet and wait to rejoin the network.
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April 12, 2012, 08:41:32 PM
 #43

I think the real interesting question is what would happen in the case of a netsplit (used to be common in IRC) -- today one would probably be caused by a totalitarian regime implementing a countrywide firewall (google "great firewall of china").  First question is how well bitcoin could route around it? 

The second question comes from the observation that clearly after a few weeks passed we'd then have 2 independent perfectly consistent blockchains.  After a few weeks, months, or years, when the great firewall finally goes down, how does the bitcoin network rejoin?  In theory it would be possible to rejoin perfectly.  In practice, I think that anyone with a communications pathway (possibly even paper) could double-spend their coins on either side of the firewall, causing major chaos.

The smaller segment (i.e. china vs rest of world) will have a shorter blockchain.  When the network rejoins all the blocks from the smaller subnet will be oprhaned as nodes replace them with blocks from the larger subnet.

Any non double spend tx would simply revert to 0-confirm and would be included in the next block (or blocks because blocks will be very full depends on how long the split lasted).

All coinbase tx will be orphaned.  There is a 120 block limit on spending but a split of >120 blocks would mean any subsequent tx will be invalid. 

Intentional double spends would be the largest issue.

Smart thing to do in a network split like that would be to make a paper backup of your wallet and wait to rejoin the network.


The man knows what he is talking about.

Now, can you foresee a Financial War (literally), i.e China vs. U.S.

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April 12, 2012, 09:17:51 PM
 #44

Its an interesting question.  The firewalled subset would not necessarily be the smaller blockchain if it used bitcoins heavily would it?  What I'm trying to say is that the side that everybody thinks should "win" (due to other criteria like being the "majority" of the world) might not actually be the bitcoin "winner".

Also, what about a malicious attempt to increase blockchain length?  I guess "they" could only double spend known coins so a malicious country would have to prepare by remembering every coin that passes through its system...

I need to read the papers and code I guess...

@DeathAndTaxes:  Its good to know that non double spent are separable from suspect coins...

what do you mean by: All coinbase tx will be orphaned.  There is a 120 block limit on spending but a split of >120 blocks would mean any subsequent tx will be invalid.

thx!
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April 12, 2012, 09:18:58 PM
 #45

I think the real interesting question is what would happen in the case of a netsplit (used to be common in IRC) -- today one would probably be caused by a totalitarian regime implementing a countrywide firewall (google "great firewall of china").  First question is how well bitcoin could route around it? 


This kind of thing has been discussed to great length in prior years. The end conclusion is that it is assumed that a network split of this magnatude cannot be maintained for any significant period of time.  Partly because of the nature of the bitcoin network, it only takes one live link between these two networks (between two bitcoin clients) to prevent the lesser side from dropping behind, and even that can be intermittent.  There is also the fact that there would be some rather creative people on both sides of the split with vested interests in undermining any intentional split.  A single thumbdrive with a copy of the longest blockchain smuggled into China would completely destroy the shorter blockchain and update the entire minority network in under an hour.

However, to our knowledge this kind of thing has never happened on any significant scale, so it's all speculation until it happens.  This is why I said that Iran might be a neat test case.

"The powers of financial capitalism had another far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent meetings and conferences. The apex of the systems was to be the Bank for International Settlements in Basel, Switzerland, a private bank owned and controlled by the world's central banks which were themselves private corporations. Each central bank...sought to dominate its government by its ability to control Treasury loans, to manipulate foreign exchanges, to influence the level of economic activity in the country, and to influence cooperative politicians by subsequent economic rewards in the business world."

- Carroll Quigley, CFR member, mentor to Bill Clinton, from 'Tragedy And Hope'
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April 12, 2012, 09:25:39 PM
 #46

Its an interesting question.  The firewalled subset would not necessarily be the smaller blockchain if it used bitcoins heavily would it?  What I'm trying to say is that the side that everybody thinks should "win" (due to other criteria like being the "majority" of the world) might not actually be the bitcoin "winner".


No.

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Also, what about a malicious attempt to increase blockchain length? 


That's mathmaticly impossible.

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I guess "they" could only double spend known coins so a malicious country would have to prepare by remembering every coin that passes through its system...

Any existing coins that could be spent on either side of the split would be limited in scope.  That said, there are methods for detecting a split.  Most importantly, there are methods for automaticly detecting that 1) there was a network split and 2) you're on the minority side.  Which is important because any double spend attacks are really attacks against the vendors on the minority side, because it's very very unlikely that a reconnection of the blockchain leaves the vendors on the majority side on the short end of the stick.
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I need to read the papers and code I guess...


Or the whitepaper.  Bitcoin doesn't work like you are imagining that it does.


"The powers of financial capitalism had another far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent meetings and conferences. The apex of the systems was to be the Bank for International Settlements in Basel, Switzerland, a private bank owned and controlled by the world's central banks which were themselves private corporations. Each central bank...sought to dominate its government by its ability to control Treasury loans, to manipulate foreign exchanges, to influence the level of economic activity in the country, and to influence cooperative politicians by subsequent economic rewards in the business world."

- Carroll Quigley, CFR member, mentor to Bill Clinton, from 'Tragedy And Hope'
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April 12, 2012, 09:36:06 PM
 #47


what do you mean by: All coinbase tx will be orphaned.

Any blocks produced by miners caught on the minority side of the split will be over-written by the blocks produced on the majority side upon reconnection of the network split.  Thus, transactions included in those abandoned blocks will return to 0/unconfirmed and have to be reincluded into a new block.  Any 'coinbase' transactions (i.e. the transactions that gives the miner of a block 50 btc for his efforts) and any transactions based upon those same coinbase transactions that occur on the minority side of a split will be invalid after reconnection.  This is why coinbase transactions take 120 blocks to mature, while regular transactions take only 6; to limit the possibility that a temporary network split (due to non-malicious failures of the Internet) could be used in a follow up transaction that would prove invalid later.  The truth is, temporary network splits occur regularly, likely about once a day, but are expected and the bitcoin protocol has a method for self-correction.  If you mine solo, and ever get a block that the network rejects, it is because someone else also found a block at about the same time and beat you to half of the network.  However, if there is another tie on the two sides of the network, the split can continue until a block is found that isn't a tie, and then the side of the split that lost that race updates to the winning blockchain.  It's not uncommon for there to be two or three blocks in a row that 'tied' before a tie-breaker block was found; but I don't think that it's ever even hit 6 blocks in a row, much less 120.

"The powers of financial capitalism had another far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent meetings and conferences. The apex of the systems was to be the Bank for International Settlements in Basel, Switzerland, a private bank owned and controlled by the world's central banks which were themselves private corporations. Each central bank...sought to dominate its government by its ability to control Treasury loans, to manipulate foreign exchanges, to influence the level of economic activity in the country, and to influence cooperative politicians by subsequent economic rewards in the business world."

- Carroll Quigley, CFR member, mentor to Bill Clinton, from 'Tragedy And Hope'
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April 12, 2012, 11:22:27 PM
 #48

The firewalled subset would not necessarily be the smaller blockchain if it used bitcoins heavily would it?  What I'm trying to say is that the side that everybody thinks should "win" (due to other criteria like being the "majority" of the world) might not actually be the bitcoin "winner".

All that matter is hashing power.  It is a mathematical certainty that given enough time the subnet with more hashing power will build the longer chain.  My example only refered to larger and smaller subnets.  The larger one would biuild a longer chain and thus overwrite the consensus of the smaller one.

Usage, number of tx, number of nodes, population, geography are all irrelivent.  When there is a split both sides of the split form a subnet and the one with larger hashing power will prevail when the split is resolved.

Quote
Also, what about a malicious attempt to increase blockchain length? 

There is no way to find blocks faster than brute force.  In a dispute the side with more hashing power will always win.

Quote
I guess "they" could only double spend known coins so a malicious country would have to prepare by remembering every coin that passes through its system...

I have no idea what you are saying here.

Quote
what do you mean by: All coinbase tx will be orphaned.  There is a 120 block limit on spending but a split of >120 blocks would mean any subsequent tx will be invalid.

1) All coinbase rewards on the smaller shorter chain will be orphaned.  So any coins earned directly by miners on the smaller chain will be erased. 

2) The Bitcoin network tries to limit the effect of "accidental double spends" due to orphaned chains by making generation tx unspendable for 120 blocks.  If the split is longer than 120 blocks then they could be spent.  Regardless of who is holding those coins when the network re-orgs that generation becomes invalid and thus any "downstream" tx are invalidated too.
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