Cryptocurrency:

Karl gmkarl at gmail.com
Sat Jun 6 03:17:52 PDT 2020


On Fri, Jun 5, 2020, 7:29 PM other.arkitech <other.arkitech at protonmail.com>
wrote:

> > so your system doesn't have a bloated chain, which is nice. The
> 'consensus' is handled by voting...based one IP address one vote. But how
> robust is relying on IP addresses at the end of the day?
> >
>
> IPv4 provides unique features no other protocol has. address space is
> saturated (scarce) and addresses are not cheap. It is a a nice tool for
> Sybil control


OA, when you say this people start disregarding what you say because it is
false.

Any software developer can get thousands of IP addresses by altering a
piece of pirated software to include something new of their own design and
sharing it in a venue where it hasn't been shared on before.  There are
many many other ways and people _think_ of them, _use_ them, are _observed_
using them, and things spread and grow.

Relying on IPv4 scarcity is great because it makes it a lot harder to
compromise that aspect of the network for the _average_ person.  And your
software is small so nobody is going to try to compromise it for any
serious reason.  If it is a valuable idea, then once it is open source
people will discuss and fix security vulnerabilites, but you should be
aware that they exist so you can relate around them.
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