Safecoin composting/recycling

[jlpell]

Ok, ok. I’ll spend my time thinking about a proof positive for abandoned coins…
Sorry this discussion struck such a nerve.

As a side note, I just found a comment you posted in another thread that seemed a little pertinent to this discussion:

@neo

If the attacker tries to send the coin on before it has cleared (ie trying to spam the coin) then there is a chance for that coin to be lost as David points out (somewhere). The potential for losing the coin only happens when one tries to spam or attack the network by “double spending quickly”

Now if the attacker has 1 million coins being spent at 3 seconds put transfer, then maximum transaction rate by the attacker is 333,333 transactions per second across a world wide network. Now for a small network (early on) this would result in transfers taking even longer reducing the effects of the attack.

So it would appear from your description that the network does “steal” coins as one way to protect against double spending… Is not “fuzzy” composting just protection from the opposite end of the attack spectrum? Regardless, I get your point about the positive proof being the preferred / “SAFE compliant” way to implement a composting anti-deflation mechanism.

Anyhow, no need for us to keep hashing this out if it’s just going to annoy people. I might post again if there are any brainstorms on a proof-positive approach that you might find interesting. Cheers!