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From: Peter Todd <pete@petertodd•org>
To: Gavin Andresen <gavinandresen@gmail•com>
Cc: Bitcoin Dev <bitcoin-development@lists•sourceforge.net>
Subject: Re: [Bitcoin-development] Proposed alternatives to the 20MB step function
Date: Thu, 28 May 2015 13:50:00 -0400	[thread overview]
Message-ID: <20150528175000.GA11913@muck> (raw)
In-Reply-To: <CABsx9T21zjHyO-nh1aSBM3z4Bg015O0rOfYq7=Sy4mf=QxUVQA@mail.gmail.com>

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On Thu, May 28, 2015 at 01:19:44PM -0400, Gavin Andresen wrote:
> As for whether there "should" be fee pressure now or not: I have no
> opinion, besides "we should make block propagation faster so there is no
> technical reason for miners to produce tiny blocks." I don't think us
> developers should be deciding things like whether or not fees are too high,
> too low, .....

Note that the majority of hashing power is using Matt Corallo's block
relay network, something I confirmed the other day through my mining
contacts. Interestingly, the miners that aren't using it include some of
the largest pools; I haven't yet gotten an answer as to what their
rational for not using it was exactly.

Importantly, this does mean that block propagation is probably fairly
close to optimal already, modulo major changes to the consensus
protocol; IBLT won't improve the situation much, if any.

It's also notable that we're already having issues with miners turning
validation off as a way to lower their latency; I've been asked myself
about the possibility of creating an "SPV miner" that skips validation
while new blocks are propagating to shave off time and builds directly
off of block headers corresponding to blocks with unknown contents.

-- 
'peter'[:-1]@petertodd.org
00000000000000000327487b689490b73f9d336b3008f82114fd3ada336bcac0

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  parent reply	other threads:[~2015-05-28 17:50 UTC|newest]

Thread overview: 69+ messages / expand[flat|nested]  mbox.gz  Atom feed  top
2015-05-08  7:20 Matt Whitlock
2015-05-08 10:15 ` Mike Hearn
2015-05-08 10:30 ` Clément Elbaz
2015-05-08 12:32   ` Joel Joonatan Kaartinen
2015-05-08 12:48     ` Matt Whitlock
2015-05-08 13:24       ` Matt Whitlock
2015-05-08 12:48     ` Gavin Andresen
2015-05-08 16:51     ` Peter Todd
2015-05-08 22:36       ` Joel Joonatan Kaartinen
2015-05-09 18:30         ` Peter Todd
2015-05-08 15:57 ` Alex Mizrahi
2015-05-08 16:55 ` Bryan Bishop
2015-05-08 20:33 ` Mark Friedenbach
2015-05-08 22:43   ` Aaron Voisine
2015-05-08 22:45     ` Mark Friedenbach
2015-05-08 23:15       ` Aaron Voisine
2015-05-08 23:58         ` Mark Friedenbach
2015-05-09  3:36   ` Gregory Maxwell
2015-05-09 11:58     ` Gavin Andresen
2015-05-09 13:49       ` Tier Nolan
2015-05-10 17:36     ` Owen Gunden
2015-05-10 18:10       ` Mark Friedenbach
2015-05-10 21:21     ` Gavin Andresen
2015-05-10 21:33       ` Gregory Maxwell
2015-05-10 21:56       ` Rob Golding
2015-05-13 10:43     ` Tier Nolan
2015-05-16  0:22       ` Rusty Russell
2015-05-16 11:09         ` Tier Nolan
2015-05-18  1:42           ` Rusty Russell
2015-05-19  8:59             ` Tier Nolan
2015-05-10 21:48   ` Thomas Voegtlin
2015-05-10 22:31     ` Mark Friedenbach
2015-05-10 23:11       ` Thomas Voegtlin
2015-05-28 15:53 ` Gavin Andresen
2015-05-28 17:05   ` Mike Hearn
2015-05-28 17:19     ` Gavin Andresen
2015-05-28 17:34       ` Mike Hearn
2015-05-28 18:23         ` Gavin Andresen
2015-05-29 11:26           ` Mike Hearn
2015-05-29 11:42             ` Tier Nolan
2015-05-29 11:57               ` Mike Hearn
2015-05-29 12:39                 ` Gavin Andresen
2015-05-29 14:00                   ` insecurity
2015-05-29 14:15                     ` Braun Brelin
2015-05-29 14:09                   ` Tier Nolan
2015-05-29 14:20                     ` Gavin Andresen
2015-05-29 14:22                       ` Mike Hearn
2015-05-29 14:21                     ` Mike Hearn
2015-05-29 14:22                     ` Tier Nolan
2015-05-29 16:39                       ` [Bitcoin-development] Proposed alternatives to the 20MB stepfunction Raystonn .
2015-05-29 18:28                         ` Tier Nolan
2015-05-29 17:53                   ` [Bitcoin-development] Proposed alternatives to the 20MB step function Admin Istrator
2015-05-30  9:03                     ` Aaron Voisine
2015-06-01 11:30                       ` Ricardo Filipe
2015-06-01 11:46                         ` Marcel Jamin
2015-05-29 18:47                   ` Bryan Cheng
2015-05-30  1:36                     ` Cameron Garnham
2015-05-28 17:39       ` [Bitcoin-development] Proposed alternatives to the 20MB stepfunction Raystonn .
2015-05-28 17:59         ` Pieter Wuille
2015-05-28 18:21           ` Gavin Andresen
2015-05-28 17:50       ` Peter Todd [this message]
2015-05-28 17:14   ` [Bitcoin-development] Proposed alternatives to the 20MB step function Thomas Voegtlin
2015-05-28 17:34   ` Pieter Wuille
2015-05-29 17:45   ` Aaron Voisine
2015-05-08 14:57 Steven Pine
2015-05-09  0:13 Raystonn
     [not found] <CAAjy6kDdB8uODpPcmS8h4eap8fke7Y2y773NHJZja8tB5mPk4Q@mail.gmail.com>
2015-05-28 16:30 ` Steven Pine
     [not found]   ` <CABsx9T03aNRC5DRbR06nNtsiBdJAcQsGAHvbCOe3pnuRpdvq5w@mail.gmail.com>
2015-05-28 18:25     ` Steven Pine
2015-05-28 18:31       ` Gavin Andresen

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