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Date: Mon, 1 Jun 2015 08:03:36 +0800
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From: Pindar Wong <pindar.wong@gmail.com>
To: Ricardo Filipe <ricardojdfilipe@gmail.com>
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Cc: Bitcoin Dev <bitcoin-development@lists.sourceforge.net>
Subject: Re: [Bitcoin-development] Fwd: Block Size Increase Requirements
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--f46d0442806eb370b80517698e89
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On Mon, Jun 1, 2015 at 7:58 AM, Ricardo Filipe <ricardojdfilipe@gmail.com>
wrote:

> 2015-06-01 0:40 GMT+01:00 Pindar Wong <pindar.wong@gmail.com>:
> >
> >
> > On Mon, Jun 1, 2015 at 7:23 AM, Ricardo Filipe <
> ricardojdfilipe@gmail.com>
> > wrote:
> >>
> >> He also said that the equation for miners has many variables, as it
> >> should. There is no disadvantage if the network speed is the same
> >> between the miners.
> >
> >
> > Hi,
> >
> > Is that an assumption?
> no, let me rephrase: The disadvantage alex refers to only exists if
> miners do not have the same network speed.
>
> >
> >> If there is a difference in network speed, the
> >> miner is incentivized to invest in their network infrastructure.
> >
> >
> > Perhaps it's best not to  assume that investing in Internet network
> > infrastructure's a free or open market everywhere.
> Just like easy ASIC access, low price electricity, etc are not a free
> and open market.
>

-- point well made and taken.

p.


>
> >
> > p.
> >
> >>
> >>
> >> 2015-05-31 23:55 GMT+01:00 Alex Mizrahi <alex.mizrahi@gmail.com>:
> >> >> Yes, if you are on a slow network then you are at a (slight)
> >> >> disadvantage.
> >> >> So?
> >> >
> >> >
> >> > Chun mentioned that his pool is on a slow network, and thus bigger
> >> > blocks
> >> > give it an disadvantage. (Orphan rate is proportional to block size.)
> >> > You said that no, on contrary those who make big blocks have a
> >> > disadvantage.
> >> > And now you say that yes, this disadvantage exist.
> >> >
> >> > Did you just lie to Chun?
> >> >
> >> >
> >> >
> >> >
> ------------------------------------------------------------------------------
> >> >
> >> > _______________________________________________
> >> > Bitcoin-development mailing list
> >> > Bitcoin-development@lists.sourceforge.net
> >> > https://lists.sourceforge.net/lists/listinfo/bitcoin-development
> >> >
> >>
> >>
> >>
> ------------------------------------------------------------------------------
> >> _______________________________________________
> >> Bitcoin-development mailing list
> >> Bitcoin-development@lists.sourceforge.net
> >> https://lists.sourceforge.net/lists/listinfo/bitcoin-development
> >
> >
>

--f46d0442806eb370b80517698e89
Content-Type: text/html; charset=UTF-8
Content-Transfer-Encoding: quoted-printable

<div dir=3D"ltr"><br><div class=3D"gmail_extra"><br><div class=3D"gmail_quo=
te">On Mon, Jun 1, 2015 at 7:58 AM, Ricardo Filipe <span dir=3D"ltr">&lt;<a=
 href=3D"mailto:ricardojdfilipe@gmail.com" target=3D"_blank">ricardojdfilip=
e@gmail.com</a>&gt;</span> wrote:<br><blockquote class=3D"gmail_quote" styl=
e=3D"margin:0 0 0 .8ex;border-left:1px #ccc solid;padding-left:1ex"><span c=
lass=3D"">2015-06-01 0:40 GMT+01:00 Pindar Wong &lt;<a href=3D"mailto:pinda=
r.wong@gmail.com">pindar.wong@gmail.com</a>&gt;:<br>
&gt;<br>
&gt;<br>
&gt; On Mon, Jun 1, 2015 at 7:23 AM, Ricardo Filipe &lt;<a href=3D"mailto:r=
icardojdfilipe@gmail.com">ricardojdfilipe@gmail.com</a>&gt;<br>
&gt; wrote:<br>
&gt;&gt;<br>
&gt;&gt; He also said that the equation for miners has many variables, as i=
t<br>
&gt;&gt; should. There is no disadvantage if the network speed is the same<=
br>
&gt;&gt; between the miners.<br>
&gt;<br>
&gt;<br>
&gt; Hi,<br>
&gt;<br>
&gt; Is that an assumption?<br>
</span>no, let me rephrase: The disadvantage alex refers to only exists if<=
br>
miners do not have the same network speed.<br>
<span class=3D""><br>
&gt;<br>
&gt;&gt; If there is a difference in network speed, the<br>
&gt;&gt; miner is incentivized to invest in their network infrastructure.<b=
r>
&gt;<br>
&gt;<br>
&gt; Perhaps it&#39;s best not to=C2=A0 assume that investing in Internet n=
etwork<br>
&gt; infrastructure&#39;s a free or open market everywhere.<br>
</span>Just like easy ASIC access, low price electricity, etc are not a fre=
e<br>
and open market.<br></blockquote><div><br></div><div>-- point well made and=
 taken.=C2=A0 <br></div><div><br></div><div>p.<br>=C2=A0<br></div><blockquo=
te class=3D"gmail_quote" style=3D"margin:0 0 0 .8ex;border-left:1px #ccc so=
lid;padding-left:1ex">
<div class=3D"HOEnZb"><div class=3D"h5"><br>
&gt;<br>
&gt; p.<br>
&gt;<br>
&gt;&gt;<br>
&gt;&gt;<br>
&gt;&gt; 2015-05-31 23:55 GMT+01:00 Alex Mizrahi &lt;<a href=3D"mailto:alex=
.mizrahi@gmail.com">alex.mizrahi@gmail.com</a>&gt;:<br>
&gt;&gt; &gt;&gt; Yes, if you are on a slow network then you are at a (slig=
ht)<br>
&gt;&gt; &gt;&gt; disadvantage.<br>
&gt;&gt; &gt;&gt; So?<br>
&gt;&gt; &gt;<br>
&gt;&gt; &gt;<br>
&gt;&gt; &gt; Chun mentioned that his pool is on a slow network, and thus b=
igger<br>
&gt;&gt; &gt; blocks<br>
&gt;&gt; &gt; give it an disadvantage. (Orphan rate is proportional to bloc=
k size.)<br>
&gt;&gt; &gt; You said that no, on contrary those who make big blocks have =
a<br>
&gt;&gt; &gt; disadvantage.<br>
&gt;&gt; &gt; And now you say that yes, this disadvantage exist.<br>
&gt;&gt; &gt;<br>
&gt;&gt; &gt; Did you just lie to Chun?<br>
&gt;&gt; &gt;<br>
&gt;&gt; &gt;<br>
&gt;&gt; &gt;<br>
&gt;&gt; &gt; -------------------------------------------------------------=
-----------------<br>
&gt;&gt; &gt;<br>
&gt;&gt; &gt; _______________________________________________<br>
&gt;&gt; &gt; Bitcoin-development mailing list<br>
&gt;&gt; &gt; <a href=3D"mailto:Bitcoin-development@lists.sourceforge.net">=
Bitcoin-development@lists.sourceforge.net</a><br>
&gt;&gt; &gt; <a href=3D"https://lists.sourceforge.net/lists/listinfo/bitco=
in-development" target=3D"_blank">https://lists.sourceforge.net/lists/listi=
nfo/bitcoin-development</a><br>
&gt;&gt; &gt;<br>
&gt;&gt;<br>
&gt;&gt;<br>
&gt;&gt; ------------------------------------------------------------------=
------------<br>
&gt;&gt; _______________________________________________<br>
&gt;&gt; Bitcoin-development mailing list<br>
&gt;&gt; <a href=3D"mailto:Bitcoin-development@lists.sourceforge.net">Bitco=
in-development@lists.sourceforge.net</a><br>
&gt;&gt; <a href=3D"https://lists.sourceforge.net/lists/listinfo/bitcoin-de=
velopment" target=3D"_blank">https://lists.sourceforge.net/lists/listinfo/b=
itcoin-development</a><br>
&gt;<br>
&gt;<br>
</div></div></blockquote></div><br></div></div>

--f46d0442806eb370b80517698e89--