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authorRaystonn . <raystonn@hotmail.com>2015-05-28 10:39:29 -0700
committerbitcoindev <bitcoindev@gnusha.org>2015-05-28 17:40:01 +0000
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Re: [Bitcoin-development] Proposed alternatives to the 20MB stepfunction
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+From: "Raystonn ." <raystonn@hotmail.com>
+To: "Gavin Andresen" <gavinandresen@gmail.com>, "Mike Hearn" <mike@plan99.net>
+References: <16096345.A1MpJQQkRW@crushinator><CABsx9T3-zxCAagAS0megd06xvG5n-3tUL9NUK9TT3vt7XNL9Tg@mail.gmail.com><CANEZrP3VCaFsW4+gPm2kCJ9z7oVUZYVaeNf=_cJWEWwh4ZxiPQ@mail.gmail.com>
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+Cc: Bitcoin Dev <bitcoin-development@lists.sourceforge.net>
+Subject: Re: [Bitcoin-development] Proposed alternatives to the 20MB
+ stepfunction
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+------=_NextPart_000_006C_01D09932.93B6F540
+Content-Type: text/plain; charset="UTF-8"
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+
+I agree that developers should avoid imposing economic policy. It is =
+dangerous for Bitcoin and the core developers themselves to become such =
+a central point of attack for those wishing to disrupt Bitcoin. My =
+opinion is these things are better left to a decentralized free market =
+anyhow.
+
+
+From: Gavin Andresen=20
+Sent: Thursday, May 28, 2015 10:19 AM
+To: Mike Hearn=20
+Cc: Bitcoin Dev=20
+Subject: Re: [Bitcoin-development] Proposed alternatives to the 20MB =
+stepfunction
+
+On Thu, May 28, 2015 at 1:05 PM, Mike Hearn <mike@plan99.net> wrote:
+
+ Isn't that a step backwards, then? I see no reason for fee pressure =
+to exist at the moment. All it's doing is turning away users for no =
+purpose: mining isn't supported by fees, and the tiny fees we use right =
+now seem to be good enough to stop penny flooding.
+
+
+ Why not set the max size to be 20x the average size? Why 2x, given you =
+just pointed out that'd result in blocks shrinking rather than growing.
+
+Twenty is scary.
+
+And two is a very neutral number: if 50% of hashpower want the max size =
+to grow as fast as possible and 50% are dead-set opposed to any increase =
+in max size, then half produce blocks 2 times as big, half produce empty =
+blocks, and the max size doesn't change. If it was 20, then a small =
+minority of miners could force a max size increase. (if it is less than =
+2, then a minority of minors can force the block size down)
+
+
+As for whether there "should" be fee pressure now or not: I have no =
+opinion, besides "we should make block propagation faster so there is no =
+technical reason for miners to produce tiny blocks." I don't think us =
+developers should be deciding things like whether or not fees are too =
+high, too low, .....
+
+--=20
+
+--
+Gavin Andresen
+
+
+
+-------------------------------------------------------------------------=
+-------
+-------------------------------------------------------------------------=
+-----
+
+
+
+-------------------------------------------------------------------------=
+-------
+_______________________________________________
+Bitcoin-development mailing list
+Bitcoin-development@lists.sourceforge.net
+https://lists.sourceforge.net/lists/listinfo/bitcoin-development
+
+------=_NextPart_000_006C_01D09932.93B6F540
+Content-Type: text/html; charset="UTF-8"
+Content-Transfer-Encoding: quoted-printable
+
+<HTML><HEAD></HEAD>
+<BODY dir=3Dltr>
+<DIV dir=3Dltr>
+<DIV style=3D"FONT-SIZE: 10pt; FONT-FAMILY: 'Arial'; COLOR: #000000">
+<DIV>I agree that developers should avoid imposing economic =
+policy.&nbsp; It is=20
+dangerous for Bitcoin and the core developers themselves to become such =
+a=20
+central point of attack for those wishing to disrupt Bitcoin.&nbsp; My =
+opinion=20
+is these things are better left to a decentralized free market =
+anyhow.</DIV>
+<DIV>&nbsp;</DIV>
+<DIV=20
+style=3D'FONT-SIZE: small; TEXT-DECORATION: none; FONT-FAMILY: =
+"Calibri"; FONT-WEIGHT: normal; COLOR: #000000; FONT-STYLE: normal; =
+DISPLAY: inline'>
+<DIV style=3D"FONT: 10pt tahoma">
+<DIV>&nbsp;</DIV>
+<DIV style=3D"BACKGROUND: #f5f5f5">
+<DIV style=3D"font-color: black"><B>From:</B> <A =
+title=3Dgavinandresen@gmail.com=20
+href=3D"mailto:gavinandresen@gmail.com">Gavin Andresen</A> </DIV>
+<DIV><B>Sent:</B> Thursday, May 28, 2015 10:19 AM</DIV>
+<DIV><B>To:</B> <A title=3Dmike@plan99.net =
+href=3D"mailto:mike@plan99.net">Mike=20
+Hearn</A> </DIV>
+<DIV><B>Cc:</B> <A title=3Dbitcoin-development@lists.sourceforge.net=20
+href=3D"mailto:bitcoin-development@lists.sourceforge.net">Bitcoin =
+Dev</A> </DIV>
+<DIV><B>Subject:</B> Re: [Bitcoin-development] Proposed alternatives to =
+the 20MB=20
+stepfunction</DIV></DIV></DIV>
+<DIV>&nbsp;</DIV></DIV>
+<DIV=20
+style=3D'FONT-SIZE: small; TEXT-DECORATION: none; FONT-FAMILY: =
+"Calibri"; FONT-WEIGHT: normal; COLOR: #000000; FONT-STYLE: normal; =
+DISPLAY: inline'>
+<DIV dir=3Dltr>
+<DIV class=3Dgmail_extra>
+<DIV class=3Dgmail_quote>On Thu, May 28, 2015 at 1:05 PM, Mike Hearn =
+<SPAN=20
+dir=3Dltr>&lt;<A href=3D"mailto:mike@plan99.net"=20
+target=3D_blank>mike@plan99.net</A>&gt;</SPAN> wrote:<BR>
+<BLOCKQUOTE class=3Dgmail_quote=20
+style=3D"PADDING-LEFT: 1ex; MARGIN: 0px 0px 0px 0.8ex; BORDER-LEFT: #ccc =
+1px solid">
+ <DIV dir=3Dltr>
+ <DIV class=3Dgmail_extra>
+ <DIV class=3Dgmail_quote>
+ <BLOCKQUOTE class=3Dgmail_quote=20
+ style=3D"PADDING-LEFT: 1ex; MARGIN: 0px 0px 0px 0.8ex; BORDER-LEFT: =
+#ccc 1px solid">
+ <DIV dir=3Dltr>
+ <DIV class=3Dgmail_extra>
+ <DIV class=3Dgmail_quote>
+ <DIV>Isn't that a step backwards, then? I see no reason for fee =
+pressure to=20
+ exist at the moment. All it's doing is turning away users for no =
+purpose:=20
+ mining isn't supported by fees, and the tiny fees we use right now =
+seem to=20
+ be good enough to stop penny=20
+flooding.<BR></DIV></DIV></DIV></DIV></BLOCKQUOTE>
+ <DIV>&nbsp;</DIV>
+ <DIV>Why not set the max size to be 20x the average size? Why 2x, =
+given you=20
+ just pointed out that'd result in blocks shrinking rather than=20
+ growing.</DIV></DIV></DIV></DIV></BLOCKQUOTE></DIV><BR>Twenty is =
+scary.</DIV>
+<DIV class=3Dgmail_extra>&nbsp;</DIV>
+<DIV class=3Dgmail_extra>And two is a very neutral number: if 50% of =
+hashpower=20
+want the max size to grow as fast as possible and 50% are dead-set =
+opposed to=20
+any increase in max size, then half produce blocks 2 times as big, half =
+produce=20
+empty blocks, and the max size doesn't change. If it was 20, then a =
+small=20
+minority of miners could force a max size increase.&nbsp; (if it is less =
+than 2,=20
+then a minority of minors can force the block size down)</DIV>
+<DIV class=3Dgmail_extra>
+<DIV>&nbsp;</DIV>
+<DIV>&nbsp;</DIV>
+<DIV>As for whether there "should" be fee pressure now or not: I have no =
+
+opinion, besides "we should make block propagation faster so there is no =
+
+technical reason for miners to produce tiny blocks." I don't think us =
+developers=20
+should be deciding things like whether or not fees are too high, too =
+low,=20
+.....</DIV>
+<DIV>&nbsp;</DIV>-- <BR>
+<DIV class=3Dgmail_signature>--<BR>Gavin Andresen<BR></DIV></DIV></DIV>
+<P>
+<HR>
+-------------------------------------------------------------------------=
+-----<BR>
+<P>
+<HR>
+_______________________________________________<BR>Bitcoin-development =
+mailing=20
+list<BR>Bitcoin-development@lists.sourceforge.net<BR>https://lists.source=
+forge.net/lists/listinfo/bitcoin-development<BR></DIV></DIV></DIV></BODY>=
+</HTML>
+
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