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authorAngel Leon <gubatron@gmail.com>2015-08-14 09:32:33 -0400
committerbitcoindev <bitcoindev@gnusha.org>2015-08-14 13:32:54 +0000
commit031f0fe8e068dc7e96bed9f3f435dbe0ffc53adb (patch)
treef9507f97b753c1a70b105e286d187ae8687fe5fd
parent79694b55edad4231e8dc0652daabb2a1680794d0 (diff)
downloadpi-bitcoindev-031f0fe8e068dc7e96bed9f3f435dbe0ffc53adb.tar.gz
pi-bitcoindev-031f0fe8e068dc7e96bed9f3f435dbe0ffc53adb.zip
Re: [bitcoin-dev] Adjusted difficulty depending on relative blocksize
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+From: Angel Leon <gubatron@gmail.com>
+Date: Fri, 14 Aug 2015 09:32:33 -0400
+Message-ID: <CADZB0_YvvDDq4XzfvQeeWJ2oZxPukP0oXYSrEeC3gy9_Fk0ZuA@mail.gmail.com>
+To: =?UTF-8?B?SmFrb2IgUsO2bm5iw6Rjaw==?= <jakob.ronnback@me.com>
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+Cc: Bitcoin Dev <bitcoin-dev@lists.linuxfoundation.org>
+Subject: Re: [bitcoin-dev] Adjusted difficulty depending on relative
+ blocksize
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+--001a113ed93a286e64051d457d8c
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+Like this?
+https://gist.github.com/gubatron/143e431ee01158f27db4
+
+http://twitter.com/gubatron
+
+On Fri, Aug 14, 2015 at 5:59 AM, Jakob R=C3=B6nnb=C3=A4ck <
+bitcoin-dev@lists.linuxfoundation.org> wrote:
+
+> Greetings,
+>
+> a thought occurred to me that I would love to hear what some bitcoin
+> experts think about.
+>
+> What if one were to adjust the difficulty (for individual blocks)
+> depending on the relative size to the average block size of the previous
+> difficulty period? (I apologize if i=E2=80=99m not using the correct term=
+s, I=E2=80=99m not
+> a real programmer, and I=E2=80=99ve only recently started to subscribe to=
+ the
+> mailing list)
+>
+>
+> In practice:
+>
+> 1. calculate average block size for the previous difficulty period (is it
+> 2016-blocks?)
+> 2. when trying to find a new block adjust the difficulty by adding the
+> relative size difference. For instance, if i=E2=80=99m trying to create a=
+ block
+> half (or double) the size of the average block size for the previous
+> difficulty period then my difficulty will be 2x the normal one=E2=80=A6 i=
+f I=E2=80=99m
+> trying to make one that is 30% bigger (or smaller) then the difficulty is
+> 1.3 times the normal one
+>
+>
+> Right now this would force miners to make blocks as close to 1mb as
+> possible (since the block reward >> fees). But unless I=E2=80=99m mistake=
+n sometime
+> in the future the block size should be adjusted to maximize the fees=E2=
+=80=A6
+>
+>
+> Could the concept be useful somehow?
+>
+> I apologize if it=E2=80=99s been discussed before or if it=E2=80=99s a st=
+upid idea, I
+> would have run it by some other people, but I=E2=80=99m afraid I don=E2=
+=80=99t know anyone
+> that have any interest in bitcoin.
+>
+> Regards
+> /jakob
+> _______________________________________________
+> bitcoin-dev mailing list
+> bitcoin-dev@lists.linuxfoundation.org
+> https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev
+>
+
+--001a113ed93a286e64051d457d8c
+Content-Type: text/html; charset=UTF-8
+Content-Transfer-Encoding: quoted-printable
+
+<div dir=3D"ltr">Like this?<br><a href=3D"https://gist.github.com/gubatron/=
+143e431ee01158f27db4">https://gist.github.com/gubatron/143e431ee01158f27db4=
+</a><br></div><div class=3D"gmail_extra"><br clear=3D"all"><div><div class=
+=3D"gmail_signature"><a href=3D"http://twitter.com/gubatron" target=3D"_bla=
+nk">http://twitter.com/gubatron</a><br></div></div>
+<br><div class=3D"gmail_quote">On Fri, Aug 14, 2015 at 5:59 AM, Jakob R=C3=
+=B6nnb=C3=A4ck <span dir=3D"ltr">&lt;<a href=3D"mailto:bitcoin-dev@lists.li=
+nuxfoundation.org" target=3D"_blank">bitcoin-dev@lists.linuxfoundation.org<=
+/a>&gt;</span> wrote:<br><blockquote class=3D"gmail_quote" style=3D"margin:=
+0 0 0 .8ex;border-left:1px #ccc solid;padding-left:1ex">Greetings,<br>
+<br>
+a thought occurred to me that I would love to hear what some bitcoin expert=
+s think about.<br>
+<br>
+What if one were to adjust the difficulty (for individual blocks) depending=
+ on the relative size to the average block size of the previous difficulty =
+period? (I apologize if i=E2=80=99m not using the correct terms, I=E2=80=99=
+m not a real programmer, and I=E2=80=99ve only recently started to subscrib=
+e to the mailing list)<br>
+<br>
+<br>
+In practice:<br>
+<br>
+1. calculate average block size for the previous difficulty period (is it 2=
+016-blocks?)<br>
+2. when trying to find a new block adjust the difficulty by adding the rela=
+tive size difference. For instance, if i=E2=80=99m trying to create a block=
+ half (or double) the size of the average block size for the previous diffi=
+culty period then my difficulty will be 2x the normal one=E2=80=A6 if I=E2=
+=80=99m trying to make one that is 30% bigger (or smaller) then the difficu=
+lty is 1.3 times the normal one<br>
+<br>
+<br>
+Right now this would force miners to make blocks as close to 1mb as possibl=
+e (since the block reward &gt;&gt; fees). But unless I=E2=80=99m mistaken s=
+ometime in the future the block size should be adjusted to maximize the fee=
+s=E2=80=A6<br>
+<br>
+<br>
+Could the concept be useful somehow?<br>
+<br>
+I apologize if it=E2=80=99s been discussed before or if it=E2=80=99s a stup=
+id idea, I would have run it by some other people, but I=E2=80=99m afraid I=
+ don=E2=80=99t know anyone that have any interest in bitcoin.<br>
+<br>
+Regards<br>
+/jakob<br>
+_______________________________________________<br>
+bitcoin-dev mailing list<br>
+<a href=3D"mailto:bitcoin-dev@lists.linuxfoundation.org">bitcoin-dev@lists.=
+linuxfoundation.org</a><br>
+<a href=3D"https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev" =
+rel=3D"noreferrer" target=3D"_blank">https://lists.linuxfoundation.org/mail=
+man/listinfo/bitcoin-dev</a><br>
+</blockquote></div><br></div>
+
+--001a113ed93a286e64051d457d8c--
+