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Date: Fri, 14 Aug 2015 14:47:02 -0700
Message-ID: <CA+BnGuHDF+MXMg-++Jkt5EZ0batqJF0o7oa4JUURW46MQTHbCA@mail.gmail.com>
From: Elliot Olds <elliot.olds@gmail.com>
To: Bitcoin Dev <bitcoin-dev@lists.linuxfoundation.org>
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Subject: Re: [bitcoin-dev] Fees and the block-finding process
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--001a113eddb8676272051d4c646d
Content-Type: text/plain; charset=UTF-8
On Tue, Aug 11, 2015 at 9:47 PM, Venzen Khaosan <venzen@mail.bihthai.net>
wrote:
>
> On 08/12/2015 10:35 AM, Elliot Olds via bitcoin-dev wrote:
> > It depends on which use case's reliability that you focus on. For
> > any specific use case of Bitcoin, that use case will be more
> > reliable with a larger block size (ignoring centralization
> > effects).
>
> I read through your message and see the point you're trying to make,
> but would like to point out that it is not useful to talk about
> hypothetical scenarios involving Bitcoin that include the supposition
> "ignoring centralization effects".
>
Pieter was arguing for the existence of an effect on reliability that was
orthogonal to centralization risk. When arguing that this effect doesn't
really exist, it's appropriate to hold centralization risk constant.
--001a113eddb8676272051d4c646d
Content-Type: text/html; charset=UTF-8
Content-Transfer-Encoding: quoted-printable
<div dir=3D"ltr"><div class=3D"gmail_extra"><div class=3D"gmail_quote">On T=
ue, Aug 11, 2015 at 9:47 PM, Venzen Khaosan <span dir=3D"ltr"><<a href=
=3D"mailto:venzen@mail.bihthai.net" target=3D"_blank">venzen@mail.bihthai.n=
et</a>></span> wrote:<blockquote class=3D"gmail_quote" style=3D"margin:0=
0 0 .8ex;border-left:1px #ccc solid;padding-left:1ex"><span class=3D"">On =
08/12/2015 10:35 AM, Elliot Olds via bitcoin-dev wrote:</span><span class=
=3D""><br>
> It depends on which use case's reliability that you focus on. For<=
br>
> any specific use case of Bitcoin, that use case will be more<br>
> reliable with a larger block size (ignoring centralization<br>
> effects).<br>
<br>
</span>I read through your message and see the point you're trying to m=
ake,<br>
but would like to point out that it is not useful to talk about<br>
hypothetical scenarios involving Bitcoin that include the supposition<br>
"ignoring centralization effects".<br></blockquote><div><br></div=
><div>Pieter was arguing for the existence of an effect on reliability that=
was orthogonal to centralization risk. When arguing that this effect doesn=
't really exist, it's appropriate to hold centralization risk const=
ant.=C2=A0</div><div>=C2=A0</div></div></div></div>
--001a113eddb8676272051d4c646d--
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