j"1LAnZuoQdcKCkpDBKQMCgziGMoPC4VQUckMN<div class="post"><div class="quoteheader"><a href="https://bitcointalk.org/index.php?topic=1790.msg27680#msg27680">Quote from: chaord on December 07, 2010, 07:00:00 AM</a></div><div class="quote"><div class="quoteheader"><a href="https://bitcointalk.org/index.php?topic=1790.msg27598#msg27598">Quote from: RHorning on December 07, 2010, 03:52:05 AM</a></div><div class="quote">If we could dump this idea of another currency, I'd be all for it. I just don't see how to do that though.<br/></div><br/>I'm going to put my thinking cap on here, because I think ideally if we could do this under one umbrella (either by expanding bitcoin to encompass domainchain or vice versa) it will strengthen both projects.<br/></div><br/>It could be put into the Bitcoin protocol itself, but keep in mind that would require changing the miners in a way that would also have to set up the rules for accepting and rejecting the domain registrations. It also makes this a hack onto Bitcoins to be performing tasks that aren't financial transactions. Some Bitcoin miners wouldn't be willing to participate and may end up rejecting blocks with the domain information buried in the block. This gets back to burying the data into the transaction record itself, and then you get problems again trying to decide what blocks get rejected and which ones don't. On top of all that, it makes this a one-time only change and is not extensible to incorporating other ideas that may be similar.<br/><br/>Really, the only way this is going to work is for a completely separate block chain for the domain data. That implies a second currency.<br/><br/>If we could get some hooks into Bitcoin that would open up some additional data types which could be put into the Merkle tree for the blocks and have some way for a miner to bootstrap verification rules for those additional types, perhaps we could put it into the main Bitcoin chain as well. We would also have to come up with some sort of scripting language that would be used to "verify" those extra datablocks sort of like the current scripting language being used to verify coin transactions. Would that be worth some extra effort to make a "generic solution" that could be added to Bitcoin for this and other similar kinds of data types to be added to Bitcoin?<br/><br/>It would require a major network-wide upgrade regardless. Coins wouldn't be lost, but older clients would have to be abandoned with an update of that nature. Miners would receive any transaction fees for simply following those rules.<br/><br/>Another question here, and this is perhaps the most important: Would Satoshi be interested in putting in these kind of extra hooks into Bitcoin? By creating a separate currency that is essentially a fork of Bitcoin for a specific purpose, Satoshi's blessing is irrelevant other than coordinating the effort of the two projects to relay problems identified in the two efforts and to make sure fatal problems get updated in bother projects. If we decide to put the data (even as a separate data structure) into Bitcoin, Satoshi needs to be in the middle of all of this discussion. Bitcoin, as it currently exists, really doesn't deal with this kind of issue.<br/><br/><div class="quoteheader"><a href="https://bitcointalk.org/index.php?topic=1790.msg27684#msg27684">Quote from: kiba on December 07, 2010, 07:26:08 AM</a></div><div class="quote"><div class="quoteheader"><a href="https://bitcointalk.org/index.php?topic=1790.msg27681#msg27681">Quote from: RHorning on December 07, 2010, 07:02:18 AM</a></div><div class="quote">This is another currency that is essentially identical to Bitcoin, but with a few tweaks and miners more concentrated on working with domain records. We could put this into the main Bitcoin protocol, but then we would have to change the Bitcoin miners as well.<br/></div><br/>So if you spent a coin to register a domain, then it stay frozen until the domain expire?<br/></div><br/>No, that coin is received by the miner processing the transactions and handled just like coin transaction fees are right now in Bitcoin.</div> text/html
https://whatsonchain.com/tx/3cf5f3fbfc65b75a2fab9037e99a91d69b964fca3f373a2d4f8b42e7e981c868