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Date: Fri, 26 Jun 2015 13:39:58 -0400
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From: Gavin Andresen <gavinandresen@gmail.com>
To: Will <will.madden@novauri.com>
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Subject: Re: [bitcoin-dev] Draft BIP : fixed-schedule block size increase
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On Fri, Jun 26, 2015 at 11:13 AM, Will <will.madden@novauri.com> wrote:
> Make the lazy miners' default choice grow at the hard cap growth rate and
> you should be ok if you want voting.
I think the default block size is an orthogonal issue to the max block size.
HOWEVER: I think changing the default 'target' block size from the current,
fixed 750K to the average of the size of the last N blocks would have some
nice properties. It is policy-neutral (we should get out of the business of
deciding the right block size and let the miners who care drive block size
up or down) and if there are a significant proportion of lazy miners going
with defaults it gives the system a healthy "fee pressure."
--
--
Gavin Andresen
--001a11c3c8429639d905196f3a98
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 F=
ri, Jun 26, 2015 at 11:13 AM, Will <span dir=3D"ltr"><<a href=3D"mailto:=
will.madden@novauri.com" target=3D"_blank">will.madden@novauri.com</a>><=
/span> wrote:<br><blockquote class=3D"gmail_quote" style=3D"margin:0 0 0 .8=
ex;border-left:1px #ccc solid;padding-left:1ex">Make the lazy miners' d=
efault choice grow at the hard cap growth rate and you should be ok if you =
want voting.</blockquote></div><br>I think the default block size is an ort=
hogonal issue to the max block size.</div><div class=3D"gmail_extra"><br></=
div><div class=3D"gmail_extra">HOWEVER: I think changing the default 't=
arget' block size from the current, fixed 750K to the average of the si=
ze of the last N blocks would have some nice properties. It is policy-neutr=
al (we should get out of the business of deciding the right block size and =
let the miners who care drive block size up or down) and if there are a sig=
nificant proportion of lazy miners going with defaults it gives the system =
a healthy "fee pressure."</div><div class=3D"gmail_extra"><div><b=
r></div>-- <br><div class=3D"gmail_signature">--<br>Gavin Andresen<br></div=
>
</div></div>
--001a11c3c8429639d905196f3a98--
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