Re: Globally Broadcasting Workshares to Improve Finality Heuristics

Re: Globally Broadcasting Workshares to Improve Finality Heuristics
2021-12-18  8:36 ` Newsletter Catcher
  
From: Jeremy @ 2021-12-17 18:53 UTC (permalink / raw)
  To: Bitcoin development mailing list

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An interesting concept occurred to me today while chatting with Nic Carter.

If we set Bitcoin Core up to gossip headers for work shares (e.g., expected
500 headers per block would have 20kb overhead, assuming we don't need to
send the prev hash) we'd be able to have more accurate finality estimates
and warnings if we see hashrate abandoning our chain tip. This is
observable regardless of if dishonest miners choose not to publish their
work on non tip shares, since you can notice the missing work.

In the GUI, we could give users an additional warning if they are
accepting a payment during a sudden hashrate decrease that they might wait
longer.

Has this been discussed before?

Cheers,

Jeremy

--
@JeremyRubin <https://twitter.com/JeremyRubin>
<https://twitter.com/JeremyRubin>

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 permalink raw reply	[|nested]
2021-12-17 18:53 Jeremy

  
From: Newsletter Catcher @ 2021-12-18  8:36 UTC (permalink / raw)
  To: Jeremy, Bitcoin Protocol Discussion

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It's not exactly what you're looking for but this is very similar to the
premise of Bobtail, which was presented at Scaling Bitcoin a few years ago:
https://arxiv.org/abs/1709.08750

On Fri, Dec 17, 2021, 10:54 Jeremy via bitcoin-dev <
bitcoin-dev@lists•linuxfoundation.org> wrote:

> An interesting concept occurred to me today while chatting with Nic Carter.
>
> If we set Bitcoin Core up to gossip headers for work shares (e.g.,
> expected 500 headers per block would have 20kb overhead, assuming we don't
> need to send the prev hash) we'd be able to have more accurate finality
> estimates and warnings if we see hashrate abandoning our chain tip. This is
> observable regardless of if dishonest miners choose not to publish their
> work on non tip shares, since you can notice the missing work.
>
> In the GUI, we could give users an additional warning if they are
> accepting a payment during a sudden hashrate decrease that they might wait
> longer.
>
> Has this been discussed before?
>
> Cheers,
>
> Jeremy
>
> --
> @JeremyRubin <https://twitter.com/JeremyRubin>
> <https://twitter.com/JeremyRubin>
> _______________________________________________
> bitcoin-dev mailing list
> bitcoin-dev@lists•linuxfoundation.org
> https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev
>

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 permalink raw reply	[|nested]
From: Rune K. Svendsen @ 2021-12-18 13:25 UTC ( / )
  To: bitcoin-dev

Hi Jeremy,

If I understand you correctly, then I believe I touch upon this concept here: https://bitcointalk.org/index.php?topic=97153.msg1309930#msg1309930


/Rune