Post
Topic
Board Bitcoin Discussion
Re: Bitcoin under ATTACK now: What YOU can do to help!
by
evoorhees
on 08/03/2013, 19:04:07 UTC
How do you not see that this is a problem with the Bitcoin protocol and not SatoshiDice?...The devs need to fix the protocol issue

Yes, I agree that this is currently a vulnerability of Bitcoin and it most definitely needs to be resolved. A simple solution is not so apparent. You're quite well versed with Bitcoin intricacies, can you propose a solution? But in the meanwhile, wouldn't it be helpful for SatoshiDICE to cut down on the spam while we get this thing fixed?

Just because Bitcoin has a weakness doesn't make it right to exploit it for personal gain.

There's an ocean of difference between doing what's right for you, versus doing what's right.

Unfortunately I am not well-versed in the technical intricacies of Bitcoin, and I'm not a programmer. I have huge respect for those who are, and thus I'm happy to contribute to their work by donating some money to assist them. If developers come to me and say they have a good solution, I'll fund it.

Next, I'm not convinced that there even is a weakness. Bitcoin seems to be working beautifully, and already many are thinking about how to scale it even more. These are the growing pains of such a system, and is a sign of surging strength, not weakness. So I do not see that SD is "exploiting" anything... rather it's simply using Bitcoin, following the rules, paying more transactions fees than everyone else combined, and demonstrating to the world how awesome Bitcoin is for gambling.

Yes, SD is profiting from this, but so is the Bitcoin system itself as adoption grows and these growing pains are worked out sooner rather than later.

SatoshiDice is a spark which is driving interest from the entire gambling industry into Bitcoin. Certainly it puts stress on the system, but a system that's used is a system that's stressed, and the Bitcoin economy is far healthier for it.

We cannot advance Bitcoin by asking anyone who is putting stress on the system to "please refrain." I do not think Bitcoin is so delicate and poorly constructed as you. It can handle SatoshiDice, it can handle far more than SatoshiDice, and I congratulate and encourage everyone else out there who is building infrastructure and putting stress on this system.