Return-Path: Received: from smtp1.linuxfoundation.org (smtp1.linux-foundation.org [172.17.192.35]) by mail.linuxfoundation.org (Postfix) with ESMTPS id 493C4E75 for ; Fri, 1 Sep 2017 13:12:25 +0000 (UTC) X-Greylist: from auto-whitelisted by SQLgrey-1.7.6 Received: from mx.kolabnow.com (mx.kolabnow.com [95.128.36.41]) by smtp1.linuxfoundation.org (Postfix) with ESMTPS id CBFF6203 for ; Fri, 1 Sep 2017 13:12:23 +0000 (UTC) Received: from localhost (unknown [127.0.0.1]) by ext-mx-out001.mykolab.com (Postfix) with ESMTP id 44C851487; Fri, 1 Sep 2017 15:12:22 +0200 (CEST) X-Virus-Scanned: amavisd-new at mykolab.com Received: from mx.kolabnow.com ([127.0.0.1]) by localhost (ext-mx-out001.mykolab.com [127.0.0.1]) (amavisd-new, port 10024) with ESMTP id WcetQmuElXE4; Fri, 1 Sep 2017 15:12:21 +0200 (CEST) Received: from int-mx003.mykolab.com (unknown [10.9.13.3]) by ext-mx-out001.mykolab.com (Postfix) with ESMTPS id EF73B112A; Fri, 1 Sep 2017 15:12:20 +0200 (CEST) Received: from ext-subm002.mykolab.com (unknown [10.9.6.2]) by int-mx003.mykolab.com (Postfix) with ESMTPS id C50F4A44; Fri, 1 Sep 2017 15:12:20 +0200 (CEST) From: Tom Zander To: bitcoin-dev@lists.linuxfoundation.org, Cserveny Tamas Date: Fri, 01 Sep 2017 15:12:18 +0200 Message-ID: <1570222.Uh686LP1o4@strawberry> In-Reply-To: References: MIME-Version: 1.0 Content-Transfer-Encoding: 7Bit Content-Type: text/plain; charset="us-ascii" X-Spam-Status: No, score=0.0 required=5.0 tests=none autolearn=disabled version=3.3.1 X-Spam-Checker-Version: SpamAssassin 3.3.1 (2010-03-16) on smtp1.linux-foundation.org X-Mailman-Approved-At: Fri, 01 Sep 2017 13:13:45 +0000 Subject: Re: [bitcoin-dev] Horizontal scaling of blockchain X-BeenThere: bitcoin-dev@lists.linuxfoundation.org X-Mailman-Version: 2.1.12 Precedence: list List-Id: Bitcoin Protocol Discussion List-Unsubscribe: , List-Archive: List-Post: List-Help: List-Subscribe: , X-List-Received-Date: Fri, 01 Sep 2017 13:12:25 -0000 On Friday, 1 September 2017 14:47:08 CEST Cserveny Tamas via bitcoin-dev wrote: > The fundamental problem is that if the miners add capacity it will only > increase (protect) their share of block reward, but does not increase the > speed of transactions. Adding more space in blocks has no effect on the block-reward. It does actually increase the throughput speed of transactions. > This will only raise the fee in the long run with > the block reward decreasing. Also this is exactly the opposite of what actually happened. > The current chain is effectively single threaded. This is not true, since xthin/compactblocks have been introduced we completely removed this bottle-neck. The transactions will be validated continuously, in parallel and not just when a block is found. -- Tom Zander Blog: https://zander.github.io Vlog: https://vimeo.com/channels/tomscryptochannel