Return-Path: Received: from smtp1.linuxfoundation.org (smtp1.linux-foundation.org [172.17.192.35]) by mail.linuxfoundation.org (Postfix) with ESMTPS id D656F486 for ; Mon, 3 Aug 2015 15:22:20 +0000 (UTC) X-Greylist: whitelisted by SQLgrey-1.7.6 Received: from mail-la0-f42.google.com (mail-la0-f42.google.com [209.85.215.42]) by smtp1.linuxfoundation.org (Postfix) with ESMTPS id C410C176 for ; Mon, 3 Aug 2015 15:22:15 +0000 (UTC) Received: by labow3 with SMTP id ow3so19165111lab.1 for ; Mon, 03 Aug 2015 08:22:14 -0700 (PDT) DKIM-Signature: v=1; a=rsa-sha256; c=relaxed/relaxed; d=gmail.com; s=20120113; h=mime-version:date:message-id:subject:from:to:content-type; bh=1fxlZv3H1RBAis/2sT4tjzcSgAAG0wiJJwpaGmNgtT4=; b=Abi3b8LxJHD4Rjbh54qQasyZDSO8xH9CrCg7bgDdmg1aCdXxSd3popZCNKtOHkGxKJ 7o/2RUc5CZW5uqHATXyr/7xiLVY4e4xFK1Tq2PfbY4E+iqa+imGMi7sSe9at8KD4w0+A 9gfBMd/So2Ql3HZQWxBC70bGpBGewDweyUIPB557HDkK+rgnajQ8vm4cVzgf+LaHAQ2t kQZZIhNzrzQ2BPDZH0/CIAB1fey2jKvg1GEA5kLL6g4UxsmNeVhNLp77g5g/feWszuMq MA7pQH2ZedL8JH+SBUtJDyR2Gugnxi9A/ol6FoF3gooPZnyXgyemgwEHGT+Z9PHPG4N7 0BWA== MIME-Version: 1.0 X-Received: by 10.152.115.199 with SMTP id jq7mr17492469lab.113.1438615334055; Mon, 03 Aug 2015 08:22:14 -0700 (PDT) Received: by 10.25.143.195 with HTTP; Mon, 3 Aug 2015 08:22:14 -0700 (PDT) Date: Mon, 3 Aug 2015 11:22:14 -0400 Message-ID: From: Gavin Andresen To: Bitcoin Dev Content-Type: multipart/alternative; boundary=001a11c2588ef475fe051c69bb5e X-Spam-Status: No, score=-2.7 required=5.0 tests=BAYES_00,DKIM_SIGNED, DKIM_VALID,DKIM_VALID_AU,FREEMAIL_FROM,HTML_MESSAGE,RCVD_IN_DNSWL_LOW autolearn=ham version=3.3.1 X-Spam-Checker-Version: SpamAssassin 3.3.1 (2010-03-16) on smtp1.linux-foundation.org Subject: [bitcoin-dev] Eli Dourado on "governance" X-BeenThere: bitcoin-dev@lists.linuxfoundation.org X-Mailman-Version: 2.1.12 Precedence: list List-Id: Bitcoin Development Discussion List-Unsubscribe: , List-Archive: List-Post: List-Help: List-Subscribe: , X-List-Received-Date: Mon, 03 Aug 2015 15:22:21 -0000 --001a11c2588ef475fe051c69bb5e Content-Type: text/plain; charset=UTF-8 I haven't seen this excellent recent blog post by Eli Dourado referenced here: https://readplaintext.com/how-should-bitcoin-be-governed-680192fcd92b I agree with his conclusions: we need better communication/organization mechanisms among 'stakeholders' and between the various factions (developers, miners, merchants, exchanges, end-users). And the preliminary results of using a prediction market to try to wrestle with the tough tradeoffs looks roughly correct to me, too: https://blocksizedebate.com/ (my only big disagreement with those predictions is the 'Number of nodes' -- I don't think replace-by-fee would affect that number, and I think even with no change we will see the number of full nodes on the network drop to a couple thousand, because the general-purpose-home-PC is headed the way of the dodo: http://www.businessinsider.com/pc-sales-plummet-in-q2-2015-gartner-idc-say-2015-7 ). -- -- Gavin Andresen --001a11c2588ef475fe051c69bb5e Content-Type: text/html; charset=UTF-8 Content-Transfer-Encoding: quoted-printable
I haven't seen this excellent recent blog post by Eli = Dourado referenced here:

I a= gree with his conclusions: we need better communication/organization mechan= isms among 'stakeholders' and between the various factions (develop= ers, miners, merchants, exchanges, end-users).

And= the preliminary results of using a prediction market to try to wrestle wit= h the tough tradeoffs looks roughly correct to me, too:
=C2=A0 = =C2=A0https://blocksizedebate.com/=

(my only big disagreement with th= ose predictions is the 'Number of nodes' -- I don't think repla= ce-by-fee would affect that number, and I think even with no change we will= see the number of full nodes on the network drop to a couple thousand, bec= ause the general-purpose-home-PC is headed the way of the dodo: http://www.businessinsider.com/pc-sales-plummet-in-q2-2015-gartner-= idc-say-2015-7 ).


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--
Gavin Andresen

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