:: Re: [unSYSTEM] Proof of Burn ==> Tr…
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Auteur: Liad Shababo
Datum:  
Aan: iamtexture@gmail.com, System undo crew
Onderwerp: Re: [unSYSTEM] Proof of Burn ==> Trusted Identities
Doesn't make them trustworthy. It shows they value that identity and would be hesitant to do anything to ruin it thereby rendering their financial sacrifice meaningless

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> On 19 May 2014, at 20:19, "Anthony D'Onofrio" <iamtexture@???> wrote:
>
> How does lighting money on fire make someone trustworthy?
>
>
>> On Mon, May 19, 2014 at 7:42 AM, Peter Todd <pete@???> wrote:
>>
>>
>>
>> On 19 May 2014 16:39:06 CEST, Robert Williamson <bobalot@???> wrote:
>> >Doesn't op return outputs need to have a value of 0?
>>
>> No, they can be any value.
>>
>> >There's other concerns too. If we count someone as trustworthy because
>> >they
>> >have sacrificed some amount of money to fees, its easy for mining pools
>> >to
>> >start creating identities where a lot of fees are sacrificed to
>> >themselves.
>>
>> That's what I mean by fee sacrifices encouraging mining pool centralisation. Right now I think that should rule out sacrifice to fees completely.
>>
>>
>>
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>
>
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> Anthony D'Onofrio
> iamtexture@???
> 501.681.3225
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