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Date: Mon, 10 Aug 2015 16:55:40 +0200
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From: =?UTF-8?B?Sm9yZ2UgVGltw7Nu?= <jtimon@jtimon.cc>
To: Gavin Andresen <gavinandresen@gmail.com>
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Cc: Bitcoin Dev <bitcoin-dev@lists.linuxfoundation.org>
Subject: Re: [bitcoin-dev] Fees and the block-finding process
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On Aug 10, 2015 4:12 PM, "Gavin Andresen" <gavinandresen@gmail.com> wrote:
>
> On Fri, Aug 7, 2015 at 1:33 PM, Jorge Tim=C3=B3n <jtimon@jtimon.cc> wrote=
:
>>
>>
>> On Aug 7, 2015 5:55 PM, "Gavin Andresen" <gavinandresen@gmail.com> wrote=
:
> Executive summary: when networks get over-saturated, they become
unreliable. Unreliable is bad.
>
> Unreliable and expensive is extra bad, and that's where we're headed
without an increase to the max block size.
I'm not trying to be obstinate but I seriously can't see how they are
different.
When you say unreliable I think you mean "unreliable for cheap fee
transactions". Transactions with the highest fees will always confirm
reliably. For example, a 1 btc fee tx will probably always confirm very
reliably even if capacity never increases and demands increases a lot.
--089e01160002db76c3051cf62dea
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<p dir=3D"ltr"><br>
On Aug 10, 2015 4:12 PM, "Gavin Andresen" <<a href=3D"mailto:g=
avinandresen@gmail.com">gavinandresen@gmail.com</a>> wrote:<br>
><br>
> On Fri, Aug 7, 2015 at 1:33 PM, Jorge Tim=C3=B3n <jtimon@jtimon.cc&=
gt; wrote:<br>
>><br>
>><br>
>> On Aug 7, 2015 5:55 PM, "Gavin Andresen" <<a href=3D"=
mailto:gavinandresen@gmail.com">gavinandresen@gmail.com</a>> wrote:<br>
> Executive summary: when networks get over-saturated, they become unrel=
iable.=C2=A0 Unreliable is bad.<br>
><br>
> Unreliable and expensive is extra bad, and that's where we're =
headed without an increase to the max block size.</p>
<p dir=3D"ltr">I'm not trying to be obstinate but I seriously can't=
see how they are different.<br>
When you say unreliable I think you mean "unreliable for cheap fee tra=
nsactions". Transactions with the highest fees will always confirm rel=
iably. For example, a 1 btc fee tx will probably always confirm very reliab=
ly even if capacity never increases and demands increases a lot.<br>
</p>
--089e01160002db76c3051cf62dea--
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