On 12/26/21, Steven Schear <schear.steve@gmail.com> wrote:
In the paper referenced in https://www.coindesk.com/markets/2013/07/25/bitcoin-activists-propose-hard-f...
Since scribd is a garbage site full of JS and DRM and broken junk, you should download these two and post them where people can get them without all that crap. https://www.scribd.com/doc/155504246/bitcoin2 https://www.scribd.com/document/155504772/Bitcoin-2-Freedom-of-Transaction
Cypherpunks recommended ways the Bitcoin blockchain might be made deterministic in length. Though not directly addressing the scaling issue it nevertheless would tackle other, for example, node resource issues. It would also prevent "submarining" issues with the huge number of early mined coins which have never moved and redistribution of lost coins.
So what they haven't moved, they are still someone's property which by very nature of bitcoin no one has any ability to see or decide if they are truly lost or passed on or not. Therefore all such redist proposals are is both a) forced inflation, and b) outright theft. That's bad. Now you might be able to develop a maintenance mining protocol that once every N blocks physically copies those UTXOs out of old blocks into either new coinbase inputs or into UTXO bring-forward relocation blocks. And update index search to look to those. Going forward, all coins that are claiming to retain cash and gold's full set of features, need to deploy at least optional coin privacy on by default. Bitcoin is not, and is quite unlikely to ever be, that coin, and most certainly not under the current "dev" team.