Return-Path: Received: from smtp1.linuxfoundation.org (smtp1.linux-foundation.org [172.17.192.35]) by mail.linuxfoundation.org (Postfix) with ESMTPS id 5B3E6EC1 for ; Fri, 18 Dec 2015 05:23:27 +0000 (UTC) X-Greylist: whitelisted by SQLgrey-1.7.6 Received: from mail-vk0-f51.google.com (mail-vk0-f51.google.com [209.85.213.51]) by smtp1.linuxfoundation.org (Postfix) with ESMTPS id BEBAA2F for ; Fri, 18 Dec 2015 05:23:26 +0000 (UTC) Received: by mail-vk0-f51.google.com with SMTP id f2so20761972vkb.3 for ; Thu, 17 Dec 2015 21:23:26 -0800 (PST) DKIM-Signature: v=1; a=rsa-sha256; c=relaxed/relaxed; d=jtimon-cc.20150623.gappssmtp.com; s=20150623; h=mime-version:in-reply-to:references:date:message-id:subject:from:to :cc:content-type; bh=IePyQl4S0a9L6OqdKO0HKUYN68055iWsGQD/ABomloY=; b=chHXnZmxvRNQPIzm7uAqSZc85HLX3ppERXxvT8iImIY19yPU0WR2kB2QAIa10YvVjT cJIx2xoVHQkAWjPW55ce7BYhqCE0VxeF82fGMrifdY/8d490vQXl+zXcT4NWlXmXhS4W /IT6/RAxfXz05OlTUx2m9VK4H/IUwuQYUcjoN/IxlHyAJq7rNqIPD5Gv/iDj36z/YH/A IJ0IibewF/DWHvQGCOj7bfvQFLjH6JzPoc7DpvAvrhJWw2Pw3iH1OXa04s+4JLK/SrbR Qc3gKrtfPPMG7OHkX5P3AjP1xcKPtWA+xBqihtrAKltiJACmQ1nGlRHouI21/QMGFfM6 xICg== X-Google-DKIM-Signature: v=1; a=rsa-sha256; c=relaxed/relaxed; d=1e100.net; s=20130820; h=x-gm-message-state:mime-version:in-reply-to:references:date :message-id:subject:from:to:cc:content-type; bh=IePyQl4S0a9L6OqdKO0HKUYN68055iWsGQD/ABomloY=; b=cIECZJJt+3BpqM9mQvonZKpHxFM1JZAtzvxdm08Z+NS3/PpTjX/FX2vakhpweudID2 um/TfZljkAL4cJsXSvcZ+xnxnOlX33xixvvgiIOemH6yxb8MMaP98nN3lbrCDUIuwwW0 2RM85GfW9KDpQOOkmXSY0ryJ/aESnaMfiCcU0eQFUWNttmKR4JVji9+95xC20XNbeh0L GM61KhFNHHLQ8F61ANB+estUeSY7LY673dPvrZs7Bx6xgf2Uu105iZ+wFJNfa1qr40BZ Mgsmjhd59q96n8Mc2Nsd+HWGpY8q1+FEeve48LBRPNNuizNEjvTVF4gR0oAYKEh1hDhe oB1A== X-Gm-Message-State: ALoCoQl4DcUeT13jFhCK5nzT3qsTsAFWkZ0eMUH0oZsNB15p75OixdqIq38T9YGAVrbDa2TECN2i7yyt/UV5VZb/0LQvzpnZNA== MIME-Version: 1.0 X-Received: by 10.31.6.131 with SMTP id 125mr1039407vkg.140.1450416205978; Thu, 17 Dec 2015 21:23:25 -0800 (PST) Received: by 10.31.236.70 with HTTP; Thu, 17 Dec 2015 21:23:25 -0800 (PST) In-Reply-To: <20151217194407.GB1351@muck> References: <20151217194407.GB1351@muck> Date: Fri, 18 Dec 2015 06:23:25 +0100 Message-ID: From: =?UTF-8?B?Sm9yZ2UgVGltw7Nu?= To: Peter Todd Content-Type: text/plain; charset=UTF-8 X-Spam-Status: No, score=-2.6 required=5.0 tests=BAYES_00,DKIM_SIGNED, DKIM_VALID,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 Cc: Bitcoin development mailing list Subject: Re: [bitcoin-dev] Block size: It's economics & user preparation & moral hazard 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: Fri, 18 Dec 2015 05:23:27 -0000 On Thu, Dec 17, 2015 at 8:44 PM, Peter Todd via bitcoin-dev wrote: > If Bitcoin remains decentralized, miners have veto power over any > blocksize increases. You can always soft-fork in a blocksize reduction > in a decentralized blockchain that actually works. You can always schism hardfork miners out...