Subject: Re: [bitcoin-dev] A reason we can all agree on to increase block size

From: Eric Lombrozo <[email-masked]>
Date: Mon, 3 Aug 2015 01:20:39 -0700

There have already been two notable incidents requiring manual intervention and good-faith cooperation between core devs and mining pool operators that would have either never gotten resolved alone or would have ended up costing a lot of people a lot of money had no action been taken (March 2013 and July 2015). They were both caused by consensus disagreement that directly or indirectly were brought about by bigger blocks. There is *strong* evidence…and a great deal of theory explaining it…that links larger blocks with the propensity for consensus forks that require manual intervention.

Please, can we stop saying this is merely about decentralization and trustlessness? The very model upon which the security of the system is based *broke*…as in, we were only able to recover because a few individuals deliberately manipulated the consensus rules to fix it manually. Shouldn’t we more highly prioritize fixing the issues that can lead to these incidents than trying to increase throughput? Increasing block size cannot possibly make these forking tendencies better…but it very well could make them worse.

- Eric

> On Aug 3, 2015, at 1:06 AM, Hector Chu via bitcoin-dev <[email-masked]> wrote:
> 
> On 3 August 2015 at 08:53, Adam Back <[email-masked] <mailto:[email-masked]>> wrote:
> Again this should not be a political or business compromise model - we
> must focus on scientific evaluation, technical requirements and
> security.
> 
> I will assert that the block size is political because it affects nearly all users to some degree and not all those users are technically inclined or care to keep decentralisation in the current configuration as you do. This debate has forgotten the current and future users of Bitcoin. Most of them think the hit to node count in the short term preferable to making it expensive and competitive to transact.
> 
> We all need a little faith that the system will reorganise and readjust after the move to big blocks in a way that still has a reasonable degree of decentralisation and trustlessness. The incentives of Bitcoin remain, so everyone's decentralised decision throughout the system, from miners, merchants and users, will continue to act according to those incentives.
> _______________________________________________
> bitcoin-dev mailing list
> [email-masked]
> https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev