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Date: Fri, 07 Aug 2015 14:17:32 -0400
From: jl2012@xbt.hk
To: Pieter Wuille <pieter.wuille@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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Pieter Wuille via bitcoin-dev 於 2015-08-07 12:28 寫到:
> On Fri, Aug 7, 2015 at 5:55 PM, Gavin Andresen
> <gavinandresen@gmail.com> wrote:
>
>> On Fri, Aug 7, 2015 at 11:16 AM, Pieter Wuille
>> <pieter.wuille@gmail.com> wrote:
>>
>>> I guess my question (and perhaps that's what Jorge is after): do
>>> you feel that blocks should be increased in response to (or for
>>> fear of) such a scenario.
>>
>> I think there are multiple reasons to raise the maximum block size,
>> and yes, fear of Bad Things Happening as we run up against the 1MB
>> limit is one of the reasons.
>>
>> I take the opinion of smart engineers who actually do resource
>> planning and have seen what happens when networks run out of
>> capacity very seriously.
>
> This is a fundamental disagreement then. I believe that the demand is
> infinite if you don't set a fee minimum (and I don't think we should),
> and it just takes time for the market to find a way to fill whatever
> is available - the rest goes into off-chain systems anyway. You will
> run out of capacity at any size, and acting out of fear of that
> reality does not improve the system. Whatever size blocks are actually
> produced, I believe the result will either be something people
> consider too small to be competitive ("you mean Bitcoin can only do 24
> transactions per second?" sounds almost the same as "you mean Bitcoin
> can only do 3 transactions per second?"), or something that is very
> centralized in practice, and likely both.
What if we reduce the block size to 0.125MB? That will allow 0.375tx/s.
If 3->24 sounds "almost the same", 3->0.375 also sounds almost the same.
We will have 50000 full nodes, instead of 5000, since it is so
affordable to run a full node.
If 0.125MB sounds too extreme, what about 0.5/0.7/0.9MB? Are we going to
have more full nodes?
No, I'm not trolling. I really want someone to tell me why we
should/shouldn't reduce the block size. Are we going to have more or
less full nodes if we reduce the block size?
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