Quote from: onisuk20 on Today at 08:33:04 AM

I've been involved in BTC since early 2013,

Sure. And I’m Satoshi Nakamoto.

Quote from: onisuk20 on Today at 08:33:04 AM

so I understand fully how it works.

You have clearly demonstrated to the contrary. Your posts essentially amount to a grab bag of common newbie misconceptions.

My kindliest suggestion to you: Go to Beginners & Help, and start learning. If you make an effort to ask smart questions and you are lucky, then someone with expertise may have the patience to explain to you the basic concept of Byzantine fault tolerance, the respective rôles of miners and non-mining validating nodes, and other key points that you have shown you do not understand. If you are very lucky, then an expert in distributed systems architecture may explain to you in detail why Satoshi didn’t just use Paxos.

(If the nodes that create the ledger can be trusted to order transactions, then I myself could easily design a Paxos-style consensus protocol with results authenticated by digital signatures. It would use no proof-of-work—no hashrate at all! Zero electricity spent grinding hashes! It would be orders of magnitude more efficient than your Rube Goldberg scheme; and if the transaction-ordering nodes can really be trusted, then it would be just as secure. Whereas if they can’t be trusted, then your scheme is totally insecure. My design would be fault tolerant, but not Byzantine fault tolerant; of course, since you lack knowledge of this subject domain, what I just said may as well have been in Greek. “μῆνιν ἄειδε θεὰ...”)

If you want for me to tutor you, my current consulting rate for educating arrogant dolts is 0.00875 BTC/hour. To be clear, that is a discount quote and a time-limited offer.

HTH, HAND.