From c6e65a6523065a1dab8ab506e5453691d15227f9 Mon Sep 17 00:00:00 2001
From: Peter Todd <pete@petertodd.org>
Date: Fri, 12 Jun 2015 19:44:51 +0100
Subject: Re: [Bitcoin-development] User vote in blocksize through fees
---
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+Date: Fri, 12 Jun 2015 19:44:51 +0100
+From: Peter Todd <pete@petertodd.org>
+To: Matt Whitlock <bip@mattwhitlock.name>
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+Cc: bitcoin-development@lists.sourceforge.net
+Subject: Re: [Bitcoin-development] User vote in blocksize through fees
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+On Fri, Jun 12, 2015 at 02:36:31PM -0400, Matt Whitlock wrote:
+> On Friday, 12 June 2015, at 7:34 pm, Peter Todd wrote:
+> > On Fri, Jun 12, 2015 at 02:22:36PM -0400, Matt Whitlock wrote:
+> > > Why should miners only be able to vote for "double the limit" or "hal=
+ve" the limit? If you're going to use bits, I think you need to use two bit=
+s:
+> > >=20
+> > > 0 0 =3D no preference ("wildcard" vote)
+> > > 0 1 =3D vote for the limit to remain the same
+> > > 1 0 =3D vote for the limit to be halved
+> > > 1 1 =3D vote for the limit to be doubled
+> > >=20
+> > > User transactions would follow the same usage. In particular, a user =
+vote of "0 0" (no preference) could be included in a block casting any vote=
+, but a block voting "0 0" (no preference) could only contain transactions =
+voting "0 0" as well.
+> >=20
+> > Sounds like a good encoding to me. Taking the median of the three
+> > options, and throwing away "don't care" votes entirely, makes sense.
+>=20
+> I hope you mean the *plurality* of the three options after throwing away =
+the "don't cares," not the *median*.
+
+Median ensures that voting "no change" is meaningful. If "double" + "no
+change" =3D 66%-1, you'd expect the result to be "no change", not "halve""
+With a plurality vote you'd end up with a halving that was supported by
+a minority.
+
+--=20
+'peter'[:-1]@petertodd.org
+0000000000000000127ab1d576dc851f374424f1269c4700ccaba2c42d97e778
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