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From: Eric Lombrozo <elombrozo@gmail•com>
To: Gavin Andresen <gavinandresen@gmail•com>
Cc: bitcoin-dev@lists•linuxfoundation.org
Subject: Re: [bitcoin-dev] Bitcoin Core and hard forks
Date: Thu, 23 Jul 2015 10:43:06 -0700	[thread overview]
Message-ID: <C5A70F53-4779-457A-A06A-686877706F89@gmail.com> (raw)
In-Reply-To: <CABsx9T1MTc-GmuQyFN1vaFK=CDWV_L214Pi9nR6jLMouQQD0fw@mail.gmail.com>


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> On Jul 23, 2015, at 9:28 AM, Gavin Andresen via bitcoin-dev <bitcoin-dev@lists•linuxfoundation.org> wrote:
> 
> I'd really like to move from "IMPOSSIBLE because...  (electrum hasn't been optimized
> (by the way: you should run on SSDs, LevelDB isn't designed for spinning disks),
> what if the network is attacked?  (attacked HOW???), current p2p network is using
> the simplest, stupidest possible block propagation algorithm...)"
> 
> ... to "lets work together and work through the problems and scale it up."

Let’s be absolutely clear about one thing - block size increases are *not* about scaling the network. Can we please stop promoting this falsehood? It doesn’t matter by what number we multiply the block size…we can NEVER satisfy the full demand if we insist on every single transaction from every single person everywhere in the world being on the blockchain…it’s just absurd.

Increasing block size only temporarily addresses one significant issue - how to postpone having to deal with transaction fees, which by design, are how the cost of operating the Bitcoin network (which is already very expensive) is supposed to be paid for ultimately. Suggesting we avoid dealing with this constitutes a new economic policy - dealing with it is the default economic policy we’ve all known about from the beginning…so please stop claiming otherwise.

> On Jul 23, 2015, at 9:50 AM, cipher anthem via bitcoin-dev <bitcoin-dev@lists•linuxfoundation.org> wrote:
> 
> Why not help on a project that actually seems to offer great scalability like the lightning network? There have been great progress there.


Exactly. There’s been tremendous progress here in addressing scalability, yet I don’t see you participating in that discussion, Gavin.

> On Jul 23, 2015, at 5:17 AM, Jorge Timón via bitcoin-dev <bitcoin-dev@lists•linuxfoundation.org> wrote:
> 
> But it seems to me that the "not now side" has no centralization
> concerns at all and their true position is "not ever hit the blocksize
> limit", that's the only explanation I can find to their lack of
> answers to the "when do you think we should allow users to notice that
> there's a limit in the blocksize to guarantee that the system can be
> decentralized?".

I agree with what you’re saying, Jorge…but It’s even worse than that. The July 4th fork illustrated that the security model of the network itself could be at risk from the increasing costs in validation causing people to rely on others to validate for them…and increasing block size only makes the problem worse.

- Eric Lombrozo

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  parent reply	other threads:[~2015-07-23 17:43 UTC|newest]

Thread overview: 86+ messages / expand[flat|nested]  mbox.gz  Atom feed  top
     [not found] <CAPg+sBgs-ouEMu=LOVCmOyCGwfM1Ygxooz0shyvAuHDGGZYfJw@mail.gmail.com>
2015-07-22 16:52 ` Pieter Wuille
2015-07-22 17:18   ` Ross Nicoll
2015-07-22 17:32   ` Milly Bitcoin
2015-07-22 18:45     ` Bryan Cheng
2015-07-22 17:33   ` Jeff Garzik
2015-07-22 18:01     ` Jeff Garzik
2015-07-22 18:03     ` Alex Morcos
2015-07-22 18:24       ` Jeff Garzik
2015-07-23 12:17         ` Jorge Timón
2015-07-23 16:17           ` Tom Harding
2015-07-23 16:28             ` Gavin Andresen
2015-07-23 16:50               ` cipher anthem
2015-07-23 17:14                 ` Robert Learney
2015-07-23 18:21                   ` Eric Lombrozo
2015-07-23 18:47                   ` Jorge Timón
2015-07-23 17:43               ` Eric Lombrozo [this message]
2015-07-23 18:10                 ` Jameson Lopp
2015-07-23 19:14                   ` Eric Lombrozo
2015-07-23 19:35                     ` Gavin Andresen
2015-07-23 19:39                       ` Eric Lombrozo
2015-07-23 19:51                       ` Eric Lombrozo
2015-07-23 19:52                     ` Jameson Lopp
2015-07-23 20:26                       ` Jorge Timón
2015-07-23 20:52                         ` Eric Lombrozo
2015-07-23 23:42                           ` Benedict Chan
     [not found]                             ` <42BF7FEB-320F-43BE-B3D9-1D76CB8B9975@gmai>
2015-07-23 23:57                             ` Eric Lombrozo
2015-07-24  0:04                               ` Eric Lombrozo
2015-07-24  0:20                                 ` Simon Liu
2015-07-24  0:22                                 ` Jean-Paul Kogelman
2015-07-24  0:32                                   ` Eric Lombrozo
2015-07-24  0:38                                     ` Eric Lombrozo
2015-07-24  0:45                                     ` Jean-Paul Kogelman
2015-07-24  0:49                                       ` Jean-Paul Kogelman
2015-07-24  0:53                                         ` Peter Todd
2015-07-24  1:03                                           ` Jean-Paul Kogelman
2015-07-24  1:08                                             ` Eric Lombrozo
2015-07-24  1:25                                               ` Jean-Paul Kogelman
2015-07-24  1:28                                                 ` Eric Lombrozo
2015-07-24  1:37                                                   ` Eric Lombrozo
2015-07-24  1:42                                                   ` Jean-Paul Kogelman
2015-07-24  1:55                                                     ` Eric Lombrozo
2015-07-24  2:12                                                       ` [bitcoin-dev] Bitcoin, Perceptions, and Expectations Raystonn .
2015-07-24  8:48                                                         ` Jonas Schnelli
2015-07-24  9:42                                                           ` Jorge Timón
2015-07-24 14:37                                                             ` Vincent Truong
2015-07-25  2:18                                                               ` gb
2015-07-25 11:22                                                                 ` Slurms MacKenzie
2015-07-25 15:04                                                                 ` Thomas Kerin
2015-07-24  0:56                                       ` [bitcoin-dev] Bitcoin Core and hard forks Eric Lombrozo
2015-07-24  1:05                                         ` Jean-Paul Kogelman
2015-07-23 18:12               ` Slurms MacKenzie
2015-07-23 18:57                 ` Mike Hearn
2015-07-23 17:51             ` Jorge Timón
2015-07-24  6:30               ` Tom Harding
2015-07-24  9:24                 ` Jorge Timón
2015-07-24 22:50                   ` Tom Harding
2015-07-28 11:29                     ` Jorge Timón
2015-07-28 11:32                       ` Jorge Timón
2015-07-28 16:44                       ` Tom Harding
2015-07-28 17:33                         ` Jorge Timón
2015-07-22 19:17     ` Eric Lombrozo
2015-07-22 21:43   ` Mike Hearn
2015-07-22 21:56     ` Eric Lombrozo
2015-07-22 22:01       ` Mike Hearn
2015-07-22 22:09         ` Eric Lombrozo
2015-07-23  1:53         ` Eric Lombrozo
2015-07-22 22:30     ` Jeff Garzik
2015-07-23  0:27   ` Tom Harding
2015-07-23  0:37     ` Eric Lombrozo
2015-07-23  4:40   ` Edmund Edgar
2015-07-27 12:08   ` Peter Todd
2015-07-27 12:44     ` Milly Bitcoin
2015-07-22 22:40 Raystonn
2015-07-22 23:42 ` Cory Fields
2015-07-22 23:53   ` Eric Lombrozo
2015-07-23  0:05     ` Cory Fields
2015-07-23  0:13       ` Eric Lombrozo
2015-07-23  0:34         ` Cory Fields
2015-07-23  0:43           ` Eric Lombrozo
2015-07-23  7:24             ` Ross Nicoll
2015-07-23  0:49         ` Eric Voskuil
2015-07-23 18:12   ` Jorge Timón
     [not found] <BA7ACCE1-81B2-4AC1-B6DD-7A856FD27D52@gmail.com>
2015-07-23  8:24 ` Gareth Williams
2015-07-27 17:05 Alice Larson
2015-07-27 17:22 ` Eric Voskuil
2015-07-28  4:55   ` Wladimir J. van der Laan

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