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authorPeter Todd <pete@petertodd.org>2013-03-13 11:05:01 -0400
committerbitcoindev <bitcoindev@gnusha.org>2013-03-13 15:05:21 +0000
commit7e31cd8a552e4e02c08a9528f1023209662837f8 (patch)
tree2c0e4aa2373429e8002fcfd9d31bd184e3fd81db
parentb4af0f67bb43f62c014f2a6a4551c7076d462c35 (diff)
downloadpi-bitcoindev-7e31cd8a552e4e02c08a9528f1023209662837f8.tar.gz
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Re: [Bitcoin-development] 0.8.1 ideas
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+Date: Wed, 13 Mar 2013 11:05:01 -0400
+From: Peter Todd <pete@petertodd.org>
+To: Luke-Jr <luke@dashjr.org>
+Message-ID: <20130313150501.GA14067@savin>
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+Subject: Re: [Bitcoin-development] 0.8.1 ideas
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+
+On Wed, Mar 13, 2013 at 12:56:29PM +0000, Luke-Jr wrote:
+> Here's a simple proposal to start discussion from...
+>=20
+> BEFORE block 262144:
+> - Never make a block that, combined with the previous 4 blocks, results i=
+n=20
+> over 4500 transaction modifications.
+> - Reject any block that includes more than 4500 transaction modifications=
+ on=20
+> its own (slight soft-fork)
+> - (these rules should make older clients safe under most circumstances)
+>=20
+> FROM block 262144 to block 393216 (hard fork #1):
+> - Never make, and reject any block that includes more than 24391 transact=
+ion=20
+> modifications on its own (this *should* be equivalent to 1 MB)
+> - (this rules can make older client backports safe unless a reorg is more=
+ than=20
+> 6 blocks deep)
+>=20
+> FROM block 393216 onward (hard fork #2):
+> - Never make, and reject any block that includes more than 48781 transact=
+ion=20
+> modifications on its own (this *should* be equivalent to 2 MB)
+> - Accept blocks up to 2 MB in data size
+
+If we're going to consider doing this, at minimum we need to also
+include a separate limit for how much the UTXO set can be grown by each
+block, calculated as the size of the scriptPubKey + constant metadata.
+(tx hash, index #, nValue, nVersion, nHeight should cover it)
+
+A P2SH transaction txout would measure 71bytes under that model. Given
+that we haven't even shown we can limit the creation of txouts that can
+not be spent economically caution would dictate setting the UTXO growth
+limit fairly low, say 1/4th of the block limit.
+
+--=20
+'peter'[:-1]@petertodd.org
+
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