Mime-Version: 1.0 (Mac OS X Mail 7.3 \(1878.6\))
Content-Type: multipart/signed;
	boundary="Apple-Mail=_CD92D7FE-30CB-473E-AF7C-5EC2891E7542";
	protocol="application/pgp-signature"; micalg=pgp-sha512
From: Jonathan Toomim <j@toom.im>
In-Reply-To: <CAPg+sBiT5=ss9e=iac6J-A=85okF0zxMeV7H4z9-Qfx3CAWHXA@mail.gmail.com>
Date: Sat, 26 Dec 2015 14:55:48 -0800
Message-Id: <246AA3BE-570D-4B88-A63D-AC76CB2B0CB8@toom.im>
References: <CADm_WcasDuBsop55ZWcTb2FvccaoREg8K032rUjgQUQhQ3g=XA@mail.gmail.com>
	<CAPg+sBi=Mw7UnxG1-0-0ZTRqxrS5+28VmowyYrGP2MAvYiu_pA@mail.gmail.com>
	<CADm_WcbrMyk-=OnQ-3UvnF_8brhn+X2NqRPbo5xUXsbcZpc0=Q@mail.gmail.com>
	<CAPg+sBjbATqf8DXGF7obw9a=371zQ_S0EgTapnUmukAVenTneQ@mail.gmail.com>
	<CA+c4Zozac8=aMrAJ1N_6SR9eBD+w0e70cEnk9CG_2oZ72AS-8g@mail.gmail.com>
	<CAPg+sBhsKD8jd9Y9+ngXY5tKUheO3d4P1b47eYL=Uzpat+KJ2w@mail.gmail.com>
	<751DFAA9-9013-4C54-BC1E-5F7ECB7469CC@gmail.com>
	<CAPg+sBiT5=ss9e=iac6J-A=85okF0zxMeV7H4z9-Qfx3CAWHXA@mail.gmail.com>
To: Bitcoin Dev <bitcoin-dev@lists.linuxfoundation.org>
Subject: Re: [bitcoin-dev] Block size: It's economics & user preparation &
	moral hazard
Precedence: list


--Apple-Mail=_CD92D7FE-30CB-473E-AF7C-5EC2891E7542
Content-Type: multipart/alternative;
	boundary="Apple-Mail=_54576C7E-0719-4605-BF57-DD78F49F80B3"


--Apple-Mail=_54576C7E-0719-4605-BF57-DD78F49F80B3
Content-Transfer-Encoding: quoted-printable
Content-Type: text/plain;
	charset=us-ascii

On Dec 26, 2015, at 8:44 AM, Pieter Wuille via bitcoin-dev =
<bitcoin-dev@lists.linuxfoundation.org> wrote:
> Furthermore, 75% is pretty terrible as a switchover point, as it =
guarantees that old nodes will still see a 25% forked off chain =
temporarily.
>=20
Yes, 75% plus a grace period is better. I prefer a grace period of about =
4000 to 8000 blocks (1 to 2 months).

=46rom my discussions with miners, I think we will be able to create a =
hardfork proposal that reaches about 90% support among miners, or =
possibly higher. I'll post a summary of those discussions in the next 24 =
hours.

--Apple-Mail=_54576C7E-0719-4605-BF57-DD78F49F80B3
Content-Transfer-Encoding: 7bit
Content-Type: text/html;
	charset=us-ascii

<html><head><meta http-equiv="Content-Type" content="text/html charset=us-ascii"></head><body style="word-wrap: break-word; -webkit-nbsp-mode: space; -webkit-line-break: after-white-space;"><div>On Dec 26, 2015, at 8:44 AM, Pieter Wuille via bitcoin-dev &lt;<a href="mailto:bitcoin-dev@lists.linuxfoundation.org">bitcoin-dev@lists.linuxfoundation.org</a>&gt; wrote:</div><div><blockquote type="cite"><p dir="ltr">Furthermore, 75% is pretty terrible as a switchover point, as it guarantees that old nodes will still see a 25% forked off chain temporarily.</p></blockquote></div>Yes, 75% plus a grace period is better. I prefer a grace period of about 4000 to 8000 blocks (1 to 2 months).<div><br></div><div>From my discussions with miners, I think we will be able to create a hardfork proposal that reaches about 90% support among miners, or possibly higher. I'll post a summary of those discussions in the next 24 hours.</div></body></html>
--Apple-Mail=_54576C7E-0719-4605-BF57-DD78F49F80B3--

--Apple-Mail=_CD92D7FE-30CB-473E-AF7C-5EC2891E7542
Content-Transfer-Encoding: 7bit
Content-Disposition: attachment;
	filename=signature.asc
Content-Type: application/pgp-signature;
	name=signature.asc
Content-Description: Message signed with OpenPGP using GPGMail

-----BEGIN PGP SIGNATURE-----
Comment: GPGTools - https://gpgtools.org

iQEcBAEBCgAGBQJWfxr1AAoJEIEuMk4MG0P1+SsH/3RP05DXy9ca6nz7htTmFe0Y
6NrymeOcHMyfNKK27NpQhJX9QZUTfCTNsStMvYDlTIPgk75OHOxGPFhFMhemCyI4
/kfpd8c1D8Mm03k4S9p/4VBPGXQ69FBGQE2moeMTeKZkTWucULmXT5k1wdHIhFyS
ozhQXu13hp/Q/GBh5ChB4ga5kwE2AFtNfwJLms81IOJKNYZ0a5yn6t2qAHcjjHuh
1pYSTFpgAOETPfNYKTGAfmP677cgQplGzoaZtzX4SlBJ/EJiOHW58ys+DQ8+bmQ2
o0VL0rKCtnBkLad6m6hBj7Aq19ZyQRcN1J+4/+9c9oDMuvawaTNDKtwh3afAB/k=
=Gl5P
-----END PGP SIGNATURE-----

--Apple-Mail=_CD92D7FE-30CB-473E-AF7C-5EC2891E7542--