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From: Tom Harding <tomh@thinlink•com>
To: bitcoin-dev@lists•linuxfoundation.org
Subject: Re: [bitcoin-dev] Dynamically Controlled Bitcoin Block Size Max Cap
Date: Thu, 20 Aug 2015 17:25:59 -0700	[thread overview]
Message-ID: <55D67017.9000106@thinlink.com> (raw)
In-Reply-To: <55D5AA8E.7070403@bitcoins.info>

On 8/20/2015 3:23 AM, Milly Bitcoin via bitcoin-dev wrote:
>> For the 73th time or so this month on this list:
>>
>> The maximum block size consensus rule limits mining centralization
>> (which is currently pretty bad).
>
> Instead of posting all these messages with bald claims why don't you 
> work on a decentralization metric which you can point to? (instead of 
> trying to claim people don't understand things which is clearly not 
> the case,  You are just attacking people you don't agree with).


Pieter built a nice simulation tool and posted some results.

I tweaked the parameters and ran the tool in a way that tested ONLY for 
hashrate centralization effects, and did not conflate these with network 
partitioning effects.

I found that small miners were not at all disadvantaged by large blocks.

The only person who commented on this result agreed with me.  He also 
complimented Pieter's insight (which is entirely appropriate since 
Pieter did the hard work of creating the tool).

http://lists.linuxfoundation.org/pipermail/bitcoin-dev/2015-June/008820.html




  reply	other threads:[~2015-08-21  0:26 UTC|newest]

Thread overview: 33+ messages / expand[flat|nested]  mbox.gz  Atom feed  top
2015-08-18 12:13 Upal Chakraborty
2015-08-18 17:26 ` Chris Wardell
2015-08-20  7:31   ` Jorge Timón
2015-08-20 10:23     ` Milly Bitcoin
2015-08-21  0:25       ` Tom Harding [this message]
2015-08-21  0:37         ` Peter Todd
2015-08-21 16:52           ` Tom Harding
2015-08-21 22:21             ` Peter Todd
2015-08-21 23:16               ` Tom Harding
2015-08-22  0:01                 ` Peter Todd
2015-08-22  3:21                   ` Jorge Timón
2015-08-22  6:26                     ` Peter Todd
2015-08-23 23:41                   ` Tom Harding
2015-08-24  2:27                     ` Jorge Timón
2015-08-21  0:45         ` Milly Bitcoin
2015-08-21  0:58           ` Peter Todd
2015-08-21  1:30             ` Milly Bitcoin
2015-08-21 20:28       ` Jorge Timón
2015-08-21 12:13     ` Sriram Karra
2015-08-21 20:09       ` Jorge Timón
2015-08-18 19:44 ` cedric perronnet
2015-08-18 20:58 ` Danny Thorpe
2015-08-18 21:17   ` Chris Wardell
2015-08-19 17:21   ` Upal Chakraborty
  -- strict thread matches above, loose matches on Subject: below --
2015-08-21 21:45 Upal Chakraborty
2015-08-20 15:02 Upal Chakraborty
2015-08-17 11:57 Rodney Morris
2015-08-17 12:38 ` Angel Leon
2015-08-17 12:43 ` Tier Nolan
2015-08-17  9:44 Upal Chakraborty
2015-08-17  9:54 ` Levin Keller
2015-08-17  9:59 ` Patrick Strateman
2015-08-17 10:51   ` Btc Drak

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