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author | Rob Golding <rob.golding@astutium.com> | 2015-05-10 22:56:30 +0100 |
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committer | bitcoindev <bitcoindev@gnusha.org> | 2015-05-10 23:18:18 +0000 |
commit | 2fc349f3f3b8a796f6a999255fd3814fc33e410c (patch) | |
tree | 0c793c52f4f343dd7b0620a35b30a4547ed15fec | |
parent | b1eb7b2d261b6e7bceccb04fc58365f4c6487d91 (diff) | |
download | pi-bitcoindev-2fc349f3f3b8a796f6a999255fd3814fc33e410c.tar.gz pi-bitcoindev-2fc349f3f3b8a796f6a999255fd3814fc33e410c.zip |
Re: [Bitcoin-development] Proposed alternatives to the 20MB step function
-rw-r--r-- | 35/ef8db875f4703b5219adde9bac89fa2d9a29d5 | 88 |
1 files changed, 88 insertions, 0 deletions
diff --git a/35/ef8db875f4703b5219adde9bac89fa2d9a29d5 b/35/ef8db875f4703b5219adde9bac89fa2d9a29d5 new file mode 100644 index 000000000..bd2d7a682 --- /dev/null +++ b/35/ef8db875f4703b5219adde9bac89fa2d9a29d5 @@ -0,0 +1,88 @@ +Received: from sog-mx-3.v43.ch3.sourceforge.com ([172.29.43.193] + helo=mx.sourceforge.net) + by sfs-ml-4.v29.ch3.sourceforge.com with esmtp (Exim 4.76) + (envelope-from <rob.golding@astutium.com>) id 1YraUE-0000dg-I6 + for bitcoin-development@lists.sourceforge.net; + Sun, 10 May 2015 23:18:18 +0000 +Received-SPF: pass (sog-mx-3.v43.ch3.sourceforge.com: domain of astutium.com + designates 80.76.216.240 as permitted sender) + client-ip=80.76.216.240; envelope-from=rob.golding@astutium.com; + helo=web.astutium.com; +Received: from web.astutium.com ([80.76.216.240]) + by sog-mx-3.v43.ch3.sourceforge.com with esmtps (TLSv1:AES256-SHA:256) + (Exim 4.76) id 1YraUD-0002zK-KU + for bitcoin-development@lists.sourceforge.net; + Sun, 10 May 2015 23:18:18 +0000 +Received: from localhost ([127.0.0.1]:38276 helo=astutium.com) + by web.astutium.com with esmtpa (Exim 4.85) + (envelope-from <rob.golding@astutium.com>) id 1YrZD4-0000W1-Hx + for bitcoin-development@lists.sourceforge.net; + Sun, 10 May 2015 22:56:30 +0100 +MIME-Version: 1.0 +Content-Type: text/plain; charset=US-ASCII; + format=flowed +Content-Transfer-Encoding: 7bit +Date: Sun, 10 May 2015 22:56:30 +0100 +From: Rob Golding <rob.golding@astutium.com> +To: Bitcoin Development <bitcoin-development@lists.sourceforge.net> +Organization: www.astutium.com +In-Reply-To: <CABsx9T2+ThQ+z2wyb_NbDWEK1zJO-WaLMdDU3ewpTELNKhb7YA@mail.gmail.com> +References: <16096345.A1MpJQQkRW@crushinator> + <CAOG=w-szbLgc1jLpkE_uMa3bkFTi-RiBEaQ6Y-u5aKLBC2HvUg@mail.gmail.com> + <CAAS2fgQRS7w7RRNXVK_+=4CQ7=AWxWQQ7+Tf4tNUPTTZOf7rEQ@mail.gmail.com> + <CABsx9T2+ThQ+z2wyb_NbDWEK1zJO-WaLMdDU3ewpTELNKhb7YA@mail.gmail.com> +Message-ID: <d30f8c10648d7ed1dada3677aba5904d@astutium.com> +X-Sender: rob.golding@astutium.com +User-Agent: Roundcube Webmail/1.0.5 +X-AntiAbuse: This header was added to track abuse, + please include it with any abuse report +X-AntiAbuse: Primary Hostname - web.astutium.com +X-AntiAbuse: Original Domain - lists.sourceforge.net +X-AntiAbuse: Originator/Caller UID/GID - [47 12] / [47 12] +X-AntiAbuse: Sender Address Domain - astutium.com +X-Get-Message-Sender-Via: web.astutium.com: authenticated_id: + rob.golding@astutium.com +X-Spam-Score: -1.5 (-) +X-Spam-Report: Spam Filtering performed by mx.sourceforge.net. + See http://spamassassin.org/tag/ for more details. + -1.5 SPF_CHECK_PASS SPF reports sender host as permitted sender for + sender-domain + -0.0 T_RP_MATCHES_RCVD Envelope sender domain matches handover relay + domain + -0.0 SPF_PASS SPF: sender matches SPF record +X-Headers-End: 1YraUD-0002zK-KU +Subject: Re: [Bitcoin-development] Proposed alternatives to the 20MB step + function +X-BeenThere: bitcoin-development@lists.sourceforge.net +X-Mailman-Version: 2.1.9 +Precedence: list +List-Id: <bitcoin-development.lists.sourceforge.net> +List-Unsubscribe: <https://lists.sourceforge.net/lists/listinfo/bitcoin-development>, + <mailto:bitcoin-development-request@lists.sourceforge.net?subject=unsubscribe> +List-Archive: <http://sourceforge.net/mailarchive/forum.php?forum_name=bitcoin-development> +List-Post: <mailto:bitcoin-development@lists.sourceforge.net> +List-Help: <mailto:bitcoin-development-request@lists.sourceforge.net?subject=help> +List-Subscribe: <https://lists.sourceforge.net/lists/listinfo/bitcoin-development>, + <mailto:bitcoin-development-request@lists.sourceforge.net?subject=subscribe> +X-List-Received-Date: Sun, 10 May 2015 23:18:18 -0000 + +> How much will that cost me? +> The network is hashing at 310PetaHash/sec right now. +> Takes 600 seconds to find a block, so 186,000PH per block +> 186,000 * 0.00038 = 70 extra PH +> +> If it takes 186,000 PH to find a block, and a block is worth 25.13 BTC +> (reward plus fees), that 70 PH costs: +> (25.13 BTC/block / 186,000 PH/block) * 70 PH = 0.00945 BTC +> or at $240 / BTC: $2.27 +> +> ... so average transaction fee will have to be about ten cents ($2.27 +> spread across 23 average-sized transactions) for miners to decide to +> stay at 600K blocks + +Surely that's an *extra* $2.27 as you've already included .13BTC +($31.20) in fees in the calculation ? + +Rob + + |