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Date: Sat, 22 Aug 2015 03:15:37 +0530
Message-ID: <CAED3CWgSBP17Lczpb1TOtGD--v9x2BCU08=7j036qyfWUf-TSw@mail.gmail.com>
From: Upal Chakraborty <bitcoin@upalc.com>
To: bitcoin-dev@lists.linuxfoundation.org
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Subject: [bitcoin-dev] Dynamically Controlled Bitcoin Block Size Max Cap
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I have tried to solve the maximum block size debate in two different
proposal.
i. Depending only on previous block size calculation.
ii. Depending on previous block size calculation and previous Tx fee
collected by miners.
Proposal 1: Depending only on previous block size calculation
If more than 50% of block's size, found in the first 2000 of the last
difficulty period, is more than 90% MaxBlockSize
Double MaxBlockSize
Else if more than 90% of block's size, found in the first 2000 of the last
difficulty period, is less than 50% MaxBlockSize
Half MaxBlockSize
Else
Keep the same MaxBlockSize
Proposal 2: Depending on previous block size calculation and previous Tx
fee collected by miners
TotalTxFeeInLastButOneDifficulty = Sum of all Tx fees of first 2008 blocks
in last 2 difficulty period
TotalTxFeeInLastDifficulty = Sum of all Tx fees of second 2008 blocks in
last 2 difficulty period (This actually includes 8 blocks from last but one
difficulty)
If ( ( (Sum of first 4016 block size in last 2 difficulty period)/4016 >
50% MaxBlockSize) AND (TotalTxFeeInLastDifficulty >
TotalTxFeeInLastButOneDifficulty) )
MaxBlockSize = TotalTxFeeInLastDifficulty * MaxBlockSize /
TotalTxFeeInLastButOneDifficulty
Else If ( ( (Sum of first 4016 block size in last 2 difficulty period)/4016
< 50% MaxBlockSize) AND (TotalTxFeeInLastDifficulty <
TotalTxFeeInLastButOneDifficulty) )
MaxBlockSize = TotalTxFeeInLastDifficulty * MaxBlockSize /
TotalTxFeeInLastButOneDifficulty
Else
Keep the same MaxBlockSize
Details: http://upalc.com/maxblocksize.php
Requesting for comment.
--001a113f3c7033d746051dd930c8
Content-Type: text/html; charset=UTF-8
Content-Transfer-Encoding: quoted-printable
<div dir=3D"ltr"><div>I have tried to solve the maximum block size debate i=
n two different proposal.</div><div><br></div><div>i. Depending only on pre=
vious block size calculation.</div><div><br></div><div>ii. Depending on pre=
vious block size calculation and previous Tx fee collected by miners.</div>=
<div><br></div><div><br></div><div>Proposal 1: Depending only on previous b=
lock size calculation</div><div><br></div><div>If more than 50% of block=
9;s size, found in the first 2000 of the last difficulty period, is more th=
an 90% MaxBlockSize</div><div>=C2=A0 =C2=A0 Double MaxBlockSize</div><div>E=
lse if more than 90% of block's size, found in the first 2000 of the la=
st difficulty period, is less than 50% MaxBlockSize</div><div>=C2=A0 =C2=A0=
Half MaxBlockSize</div><div>Else</div><div>=C2=A0 =C2=A0 Keep the same Max=
BlockSize</div><div><span class=3D"Apple-tab-span" style=3D"white-space:pre=
"> </span></div><div><span class=3D"Apple-tab-span" style=3D"white-space:pr=
e"> </span></div><div>Proposal 2: Depending on previous block size calculat=
ion and previous Tx fee collected by miners</div><div><br></div><div>TotalT=
xFeeInLastButOneDifficulty =3D Sum of all Tx fees of first 2008 blocks in l=
ast 2 difficulty period</div><div>TotalTxFeeInLastDifficulty =3D Sum of all=
Tx fees of second 2008 blocks in last 2 difficulty period (This actually i=
ncludes 8 blocks from last but one difficulty)</div><div><br></div><div>If =
( ( (Sum of first 4016 block size in last 2 difficulty period)/4016 > 50=
% MaxBlockSize) AND (TotalTxFeeInLastDifficulty > TotalTxFeeInLastButOne=
Difficulty) )</div><div>=C2=A0 =C2=A0 MaxBlockSize =3D TotalTxFeeInLastDiff=
iculty * MaxBlockSize / TotalTxFeeInLastButOneDifficulty</div><div>Else If =
( ( (Sum of first 4016 block size in last 2 difficulty period)/4016 < 50=
% MaxBlockSize) AND (TotalTxFeeInLastDifficulty < TotalTxFeeInLastButOne=
Difficulty) )</div><div>=C2=A0 =C2=A0 MaxBlockSize =3D TotalTxFeeInLastDiff=
iculty * MaxBlockSize / TotalTxFeeInLastButOneDifficulty</div><div>Else</di=
v><div>=C2=A0 =C2=A0 Keep the same MaxBlockSize</div><div><span class=3D"Ap=
ple-tab-span" style=3D"white-space:pre"> </span></div><div><span class=3D"A=
pple-tab-span" style=3D"white-space:pre"> </span></div><div>Details: <a hre=
f=3D"http://upalc.com/maxblocksize.php">http://upalc.com/maxblocksize.php</=
a></div><div><br></div><div>Requesting for comment.</div></div>
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