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Date: Wed, 13 Feb 2013 16:02:16 -0500
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From: Gavin Andresen <gavinandresen@gmail.com>
To: Gregory Maxwell <gmaxwell@gmail.com>
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Cc: bitcoin-development@lists.sourceforge.net
Subject: Re: [Bitcoin-development] Incorporating block validation rule
 modifications into the block chain
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On Wed, Feb 13, 2013 at 10:42 AM, Gregory Maxwell <gmaxwell@gmail.com>wrote=
:

>  Since, in the long run,
> Bitcoin can't meet its security and decenteralization promises without
> blockspace scarcity to drive non-trivial fees and without scaling
> limits to keep it decenteralized=97 it's not a change that could be made
> more lightly than changing the supply of coin.
>

I disagree with Gregory on this.  I believe that Bitcoin CAN meet its
security and decentralization promises without any hard limit on block
size.

I had a fruitful discussion about this with an economist friend this
weekend, and I'll eventually getting around to writing up why I believe
raising the block size limit will not be a problem.

--=20
--
Gavin Andresen

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On Wed, Feb 13, 2013 at 10:42 AM, Gregory Maxwell <span dir=3D"ltr">&lt;<a =
href=3D"mailto:gmaxwell@gmail.com" target=3D"_blank">gmaxwell@gmail.com</a>=
&gt;</span> wrote:<br><div class=3D"gmail_quote"><blockquote class=3D"gmail=
_quote" style=3D"margin:0 0 0 .8ex;border-left:1px #ccc solid;padding-left:=
1ex">
<div class=3D"im">=A0Since, in the long run,</div>
Bitcoin can&#39;t meet its security and decenteralization promises without<=
br>
blockspace scarcity to drive non-trivial fees and without scaling<br>
limits to keep it decenteralized=97 it&#39;s not a change that could be mad=
e<br>
more lightly than changing the supply of coin.<br></blockquote><div><br></d=
iv><div>I disagree with Gregory on this. =A0I believe that Bitcoin CAN meet=
 its security and decentralization promises without any hard limit on block=
 size.=A0</div>
</div><div><br></div>I had a fruitful discussion about this with an economi=
st friend this weekend, and I&#39;ll eventually getting around to writing u=
p why I believe raising the block size limit will not be a problem.<br clea=
r=3D"all">
<div><br></div>-- <br>--<br>Gavin Andresen<br>

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