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Subject: [bitcoin-dev] Eli Dourado on "governance"
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--001a11c2588ef475fe051c69bb5e
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I haven't seen this excellent recent blog post by Eli Dourado referenced
here:
  https://readplaintext.com/how-should-bitcoin-be-governed-680192fcd92b

I agree with his conclusions: we need better communication/organization
mechanisms among 'stakeholders' and between the various factions
(developers, miners, merchants, exchanges, end-users).

And the preliminary results of using a prediction market to try to wrestle
with the tough tradeoffs looks roughly correct to me, too:
   https://blocksizedebate.com/

(my only big disagreement with those predictions is the 'Number of nodes'
-- I don't think replace-by-fee would affect that number, and I think even
with no change we will see the number of full nodes on the network drop to
a couple thousand, because the general-purpose-home-PC is headed the way of
the dodo:
http://www.businessinsider.com/pc-sales-plummet-in-q2-2015-gartner-idc-say-2015-7
).


-- 
--
Gavin Andresen

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<div dir=3D"ltr">I haven&#39;t seen this excellent recent blog post by Eli =
Dourado referenced here:<div>=C2=A0=C2=A0<a href=3D"https://readplaintext.c=
om/how-should-bitcoin-be-governed-680192fcd92b">https://readplaintext.com/h=
ow-should-bitcoin-be-governed-680192fcd92b</a></div><div><br></div><div>I a=
gree with his conclusions: we need better communication/organization mechan=
isms among &#39;stakeholders&#39; and between the various factions (develop=
ers, miners, merchants, exchanges, end-users).</div><div><br></div><div>And=
 the preliminary results of using a prediction market to try to wrestle wit=
h the tough tradeoffs looks roughly correct to me, too:</div><div>=C2=A0 =
=C2=A0<a href=3D"https://blocksizedebate.com/">https://blocksizedebate.com/=
</a><br clear=3D"all"><div><br></div><div>(my only big disagreement with th=
ose predictions is the &#39;Number of nodes&#39; -- I don&#39;t think repla=
ce-by-fee would affect that number, and I think even with no change we will=
 see the number of full nodes on the network drop to a couple thousand, bec=
ause the general-purpose-home-PC is headed the way of the dodo: <a href=3D"=
http://www.businessinsider.com/pc-sales-plummet-in-q2-2015-gartner-idc-say-=
2015-7">http://www.businessinsider.com/pc-sales-plummet-in-q2-2015-gartner-=
idc-say-2015-7</a> ).</div><div><br></div><div><br></div>-- <br><div class=
=3D"gmail_signature">--<br>Gavin Andresen<br></div><div class=3D"gmail_sign=
ature"><br></div>
</div></div>

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