Mark_Friedenbach comments on A proposed inefficiency in the Bitcoin markets - Less Wrong

3 Post author: Liron 27 December 2013 03:48AM

You are viewing a comment permalink. View the original post to see all comments and the full post content.

Comments (138)

You are viewing a single comment's thread. Show more comments above.

Comment author: [deleted] 06 January 2014 04:25:44PM 1 point [-]

There's nothing wrong with sacrificing coins (there are in fact, legitimate uses of that -- see the Identity Protocol for example). The problem is creating outputs which you know to be unspendable, but can't be proven by the deterministic algorithm the rest of the network uses (prefixing with RETURN).