#Satoshi theorizes completely separate blockchain can co - exist with #Bitcoin
#BitcoinTalk
BitDNS and Generalizing Bitcoin
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satoshi
#222
Re: BitDNS and Generalizing Bitcoin
December 09, 2010, 09:02:42 PM
I think it would be possible for BitDNS to be a completely separate network and separate block chain, yet share CPU power with Bitcoin. The only overlap is to make it so miners can search for proof-of-work for both networks simultaneously.
The networks wouldn't need any coordination. Miners would subscribe to both networks in parallel. They would scan SHA such that if they get a hit, they potentially solve both at once. A solution may be for just one of the networks if one network has a lower difficulty.
I think an external miner could call getwork on both programs and combine the work. Maybe call Bitcoin, get work from it, hand it to BitDNS getwork to combine into a combined work.
Instead of fragmentation, networks share and augment each other's total CPU power. This would solve the problem that if there are multiple networks, they are a danger to each other if the available CPU power gangs up on one. Instead, all networks in the world would share combined CPU power, increasing the total strength. It would make it easier for small networks to get started by tapping into a ready base of miners.
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newblockera
npub1le…0x7p7
2024-02-08 05:16:59
Author Public Key
npub1leymuwatff73xjk2d9zthjr9k2gedhtmyjks3frjj3usjl7qzeqq60x7p7Published at
2024-02-08 05:16:59Event JSON
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"content": "#Satoshi theorizes completely separate blockchain can co - exist with #Bitcoin \n\n#BitcoinTalk\nBitDNS and Generalizing Bitcoin\nView all posts\n\nExternal link\n\nsatoshi\n#222\nRe: BitDNS and Generalizing Bitcoin\nDecember 09, 2010, 09:02:42 PM\nI think it would be possible for BitDNS to be a completely separate network and separate block chain, yet share CPU power with Bitcoin. The only overlap is to make it so miners can search for proof-of-work for both networks simultaneously.\n\nThe networks wouldn't need any coordination. Miners would subscribe to both networks in parallel. They would scan SHA such that if they get a hit, they potentially solve both at once. A solution may be for just one of the networks if one network has a lower difficulty.\n\nI think an external miner could call getwork on both programs and combine the work. Maybe call Bitcoin, get work from it, hand it to BitDNS getwork to combine into a combined work.\n\nInstead of fragmentation, networks share and augment each other's total CPU power. This would solve the problem that if there are multiple networks, they are a danger to each other if the available CPU power gangs up on one. Instead, all networks in the world would share combined CPU power, increasing the total strength. It would make it easier for small networks to get started by tapping into a ready base of miners.\nExternal link\nPermalink",
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