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authorJoel Joonatan Kaartinen <joel.kaartinen@gmail.com>2015-05-08 15:32:00 +0300
committerbitcoindev <bitcoindev@gnusha.org>2015-05-08 12:32:06 +0000
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Re: [Bitcoin-development] Proposed alternatives to the 20MB step function
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+Date: Fri, 8 May 2015 15:32:00 +0300
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+From: Joel Joonatan Kaartinen <joel.kaartinen@gmail.com>
+To: Matt Whitlock <bip@mattwhitlock.name>
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+Cc: Bitcoin Development <bitcoin-development@lists.sourceforge.net>
+Subject: Re: [Bitcoin-development] Proposed alternatives to the 20MB step
+ function
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+
+Matt,
+
+It seems you missed my suggestion about basing the maximum block size on
+the bitcoin days destroyed in transactions that are included in the block.
+I think it has potential for both scaling as well as keeping up a constant
+fee pressure. If tuned properly, it should both stop spamming and increase
+block size maximum when there are a lot of real transactions waiting for
+inclusion.
+
+- Joel
+
+On Fri, May 8, 2015 at 1:30 PM, Cl=C3=A9ment Elbaz <clem.ds@gmail.com> wrot=
+e:
+
+> Matt : I think proposal #1 and #3 are a lot better than #2, and #1 is my
+> favorite.
+>
+> I see two problems with proposal #2.
+> The first problem with proposal #2 is that, as we see in democracies,
+> there is often a mismatch between the people conscious vote and these sam=
+e
+> people behavior.
+>
+> Relying on an intentional vote made consciously by miners by choosing a
+> configuration value can lead to twisted results if their actual behavior
+> doesn't correlate with their vote (eg, they all vote for a small block si=
+ze
+> because it is the default configuration of their software, and then they
+> fill it completely all the time and everything crashes).
+>
+> The second problem with proposal #2 is that if Gavin and Mike are right,
+> there is simply no time to gather a meaningful amount of votes over the
+> coinbases, after the fork but before the Bitcoin scalability crash.
+>
+> I like proposal #1 because the "vote" is made using already available
+> data. Also there is no possible mismatch between behavior and vote. As a
+> miner you vote by choosing to create a big (or small) block, and your
+> actions reflect your vote. It is simple and straightforward.
+>
+> My feelings on proposal #3 is it is a little bit mixing apples and
+> oranges, but I may not seeing all the implications.
+>
+>
+> Le ven. 8 mai 2015 =C3=A0 09:21, Matt Whitlock <bip@mattwhitlock.name> a
+> =C3=A9crit :
+>
+>> Between all the flames on this list, several ideas were raised that did
+>> not get much attention. I hereby resubmit these ideas for consideration =
+and
+>> discussion.
+>>
+>> - Perhaps the hard block size limit should be a function of the actual
+>> block sizes over some trailing sampling period. For example, take the
+>> median block size among the most recent 2016 blocks and multiply it by 1=
+.5.
+>> This allows Bitcoin to scale up gradually and organically, rather than
+>> having human beings guessing at what is an appropriate limit.
+>>
+>> - Perhaps the hard block size limit should be determined by a vote of th=
+e
+>> miners. Each miner could embed a desired block size limit in the coinbas=
+e
+>> transactions of the blocks it publishes. The effective hard block size
+>> limit would be that size having the greatest number of votes within a
+>> sliding window of most recent blocks.
+>>
+>> - Perhaps the hard block size limit should be a function of block-chain
+>> length, so that it can scale up smoothly rather than jumping immediately=
+ to
+>> 20 MB. This function could be linear (anticipating a breakdown of Moore'=
+s
+>> Law) or quadratic.
+>>
+>> I would be in support of any of the above, but I do not support Mike
+>> Hearn's proposed jump to 20 MB. Hearn's proposal kicks the can down the
+>> road without actually solving the problem, and it does so in a
+>> controversial (step function) way.
+>>
+>>
+>> ------------------------------------------------------------------------=
+------
+>> One dashboard for servers and applications across Physical-Virtual-Cloud
+>> Widest out-of-the-box monitoring support with 50+ applications
+>> Performance metrics, stats and reports that give you Actionable Insights
+>> Deep dive visibility with transaction tracing using APM Insight.
+>> http://ad.doubleclick.net/ddm/clk/290420510;117567292;y
+>> _______________________________________________
+>> Bitcoin-development mailing list
+>> Bitcoin-development@lists.sourceforge.net
+>> https://lists.sourceforge.net/lists/listinfo/bitcoin-development
+>>
+>
+>
+> -------------------------------------------------------------------------=
+-----
+> One dashboard for servers and applications across Physical-Virtual-Cloud
+> Widest out-of-the-box monitoring support with 50+ applications
+> Performance metrics, stats and reports that give you Actionable Insights
+> Deep dive visibility with transaction tracing using APM Insight.
+> http://ad.doubleclick.net/ddm/clk/290420510;117567292;y
+> _______________________________________________
+> Bitcoin-development mailing list
+> Bitcoin-development@lists.sourceforge.net
+> https://lists.sourceforge.net/lists/listinfo/bitcoin-development
+>
+>
+
+--001a1137c846f7d06605159136f0
+Content-Type: text/html; charset=UTF-8
+Content-Transfer-Encoding: quoted-printable
+
+<div dir=3D"ltr"><div>Matt,</div><div><br></div>It seems you missed my sugg=
+estion about basing the maximum block size on the bitcoin days destroyed in=
+ transactions that are included in the block. I think it has potential for =
+both scaling as well as keeping up a constant fee pressure. If tuned proper=
+ly, it should both stop spamming and increase block size maximum when there=
+ are a lot of real transactions waiting for inclusion.<div><br></div><div>-=
+ Joel<br><div class=3D"gmail_extra"><br><div class=3D"gmail_quote">On Fri, =
+May 8, 2015 at 1:30 PM, Cl=C3=A9ment Elbaz <span dir=3D"ltr">&lt;<a href=3D=
+"mailto:clem.ds@gmail.com" target=3D"_blank">clem.ds@gmail.com</a>&gt;</spa=
+n> wrote:<br><blockquote class=3D"gmail_quote" style=3D"margin:0 0 0 .8ex;b=
+order-left:1px #ccc solid;padding-left:1ex"><div dir=3D"ltr"><div><div><div=
+>Matt : I think proposal #1 and #3 are a lot better than #2, and #1 is my f=
+avorite.<br><br></div><div>I see two problems with proposal #2.<br></div>Th=
+e first problem with proposal #2 is that, as we see in democracies,=C2=A0 t=
+here is often a mismatch between the people conscious vote and these same p=
+eople behavior. <br><br>Relying on an=C2=A0 intentional vote made conscious=
+ly by miners by choosing a configuration value can lead to twisted results =
+if their actual behavior doesn&#39;t correlate with their vote (eg, they al=
+l vote for a small block size because it is the default configuration of th=
+eir software, and then they fill it completely all the time and everything =
+crashes).<br><br></div><div>The second problem with proposal #2 is that if =
+Gavin and Mike are right, there is simply no time to gather a meaningful am=
+ount of votes over the coinbases, after the fork but before the Bitcoin sca=
+lability crash. <br></div><div><br></div>I like proposal #1 because the &qu=
+ot;vote&quot; is made using already available data. Also there is no possib=
+le mismatch between behavior and vote. As a miner you vote by choosing to c=
+reate a big (or small) block, and your actions reflect your vote. It is sim=
+ple and straightforward.<br><br></div>My feelings on proposal #3 is it is a=
+ little bit mixing apples and oranges, but I may not seeing all the implica=
+tions.<div><div class=3D"h5"><br><div><div><div><div><div><br><div class=3D=
+"gmail_quote">Le=C2=A0ven. 8 mai 2015 =C3=A0=C2=A009:21, Matt Whitlock &lt;=
+<a href=3D"mailto:bip@mattwhitlock.name" target=3D"_blank">bip@mattwhitlock=
+.name</a>&gt; a =C3=A9crit=C2=A0:<br><blockquote class=3D"gmail_quote" styl=
+e=3D"margin:0 0 0 .8ex;border-left:1px #ccc solid;padding-left:1ex">Between=
+ all the flames on this list, several ideas were raised that did not get mu=
+ch attention. I hereby resubmit these ideas for consideration and discussio=
+n.<br>
+<br>
+- Perhaps the hard block size limit should be a function of the actual bloc=
+k sizes over some trailing sampling period. For example, take the median bl=
+ock size among the most recent 2016 blocks and multiply it by 1.5. This all=
+ows Bitcoin to scale up gradually and organically, rather than having human=
+ beings guessing at what is an appropriate limit.<br>
+<br>
+- Perhaps the hard block size limit should be determined by a vote of the m=
+iners. Each miner could embed a desired block size limit in the coinbase tr=
+ansactions of the blocks it publishes. The effective hard block size limit =
+would be that size having the greatest number of votes within a sliding win=
+dow of most recent blocks.<br>
+<br>
+- Perhaps the hard block size limit should be a function of block-chain len=
+gth, so that it can scale up smoothly rather than jumping immediately to 20=
+ MB. This function could be linear (anticipating a breakdown of Moore&#39;s=
+ Law) or quadratic.<br>
+<br>
+I would be in support of any of the above, but I do not support Mike Hearn&=
+#39;s proposed jump to 20 MB. Hearn&#39;s proposal kicks the can down the r=
+oad without actually solving the problem, and it does so in a controversial=
+ (step function) way.<br>
+<br>
+---------------------------------------------------------------------------=
+---<br>
+One dashboard for servers and applications across Physical-Virtual-Cloud<br=
+>
+Widest out-of-the-box monitoring support with 50+ applications<br>
+Performance metrics, stats and reports that give you Actionable Insights<br=
+>
+Deep dive visibility with transaction tracing using APM Insight.<br>
+<a href=3D"http://ad.doubleclick.net/ddm/clk/290420510;117567292;y" target=
+=3D"_blank">http://ad.doubleclick.net/ddm/clk/290420510;117567292;y</a><br>
+_______________________________________________<br>
+Bitcoin-development mailing list<br>
+<a href=3D"mailto:Bitcoin-development@lists.sourceforge.net" target=3D"_bla=
+nk">Bitcoin-development@lists.sourceforge.net</a><br>
+<a href=3D"https://lists.sourceforge.net/lists/listinfo/bitcoin-development=
+" target=3D"_blank">https://lists.sourceforge.net/lists/listinfo/bitcoin-de=
+velopment</a><br>
+</blockquote></div></div></div></div></div></div></div></div></div>
+<br>-----------------------------------------------------------------------=
+-------<br>
+One dashboard for servers and applications across Physical-Virtual-Cloud<br=
+>
+Widest out-of-the-box monitoring support with 50+ applications<br>
+Performance metrics, stats and reports that give you Actionable Insights<br=
+>
+Deep dive visibility with transaction tracing using APM Insight.<br>
+<a href=3D"http://ad.doubleclick.net/ddm/clk/290420510;117567292;y" target=
+=3D"_blank">http://ad.doubleclick.net/ddm/clk/290420510;117567292;y</a><br>=
+_______________________________________________<br>
+Bitcoin-development mailing list<br>
+<a href=3D"mailto:Bitcoin-development@lists.sourceforge.net">Bitcoin-develo=
+pment@lists.sourceforge.net</a><br>
+<a href=3D"https://lists.sourceforge.net/lists/listinfo/bitcoin-development=
+" target=3D"_blank">https://lists.sourceforge.net/lists/listinfo/bitcoin-de=
+velopment</a><br>
+<br></blockquote></div><br></div></div></div>
+
+--001a1137c846f7d06605159136f0--
+
+