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From: Bram Cohen <bram@bittorrent•com>
To: "t. khan" <teekhan42@gmail•com>,
	 Bitcoin Protocol Discussion
	<bitcoin-dev@lists•linuxfoundation.org>
Subject: Re: [bitcoin-dev] Managing block size the same way we do difficulty (aka Block75)
Date: Sun, 11 Dec 2016 13:53:46 -0800	[thread overview]
Message-ID: <CA+KqGkqwfkKRBcmk78O_Ki9BdinG=p68+LEN_i4E5jLmfvCd6w@mail.gmail.com> (raw)
In-Reply-To: <CAGCNRJqEVo6cMOLeENNue3=2mAHnWL2ViUKXVXAke_W0CXKKEg@mail.gmail.com>

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On Sun, Dec 11, 2016 at 1:40 PM, t. khan via bitcoin-dev <
bitcoin-dev@lists•linuxfoundation.org> wrote:

>
> Block75 is not exponential scaling. It's true the max theoretical increase
> in the first year would be 7x, but the next year would be a max of 2x, and
> the next could only increase by 50% and so on.
>

With those limits there's very little reason to not simply have a fixed
schedule. Blocks are likely to all be full in the future anyway, with a
real fee market, and the idea that miners will be held back on block sizes
for worry about propagation delay is a myth, and even if it were true it
would favor collective pooling a lot, which would be a very bad thing.

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  reply	other threads:[~2016-12-11 21:53 UTC|newest]

Thread overview: 24+ messages / expand[flat|nested]  mbox.gz  Atom feed  top
2016-12-05 15:27 t. khan
2016-12-10 10:44 ` s7r
2016-12-10 12:05   ` Hampus Sjöberg
2016-12-11  0:26   ` t. khan
2016-12-11  0:40     ` James Hilliard
2016-12-11  1:07       ` Bram Cohen
2016-12-11 17:11     ` s7r
2016-12-11 19:55       ` t. khan
2016-12-11 20:31         ` James Hilliard
2016-12-11 21:40           ` t. khan
2016-12-11 21:53             ` Bram Cohen [this message]
2016-12-11 21:55             ` James Hilliard
2016-12-11 22:30               ` t. khan
2016-12-11 20:38       ` Andrew Johnson
2016-12-11 23:22         ` s7r
2016-12-18 21:53           ` James MacWhyte
2016-12-19  1:42             ` Tom Harding
2016-12-10 23:12 ` Bram Cohen
2016-12-11  0:52   ` t. khan
     [not found] <CAEgR2PEMPo3veqJat7OAps1DzTSNFJmJiRbkFgYKvYfxqdbUiw@mail.gmail.com>
     [not found] ` <CAEgR2PELB1_s+o0Bj4Kj9vS27eoqP7gV_VS_6QHQtTUAOnMORg@mail.gmail.com>
     [not found]   ` <CAEgR2PFpGWxngq=fKGi7CC_d+=5YWzWwbEEsQNEifCuHAAPAHw@mail.gmail.com>
     [not found]     ` <CAEgR2PHnrsdaBiDgywvE9amK8_yPE_hBo0yYOYwUk4T8n7wnAQ@mail.gmail.com>
     [not found]       ` <CAEgR2PEgPkRe76hW0Jj7_Z1EdmmNTpTAOKGm_of2dG=XXUOtnA@mail.gmail.com>
     [not found]         ` <CAEgR2PHew+fcJWnAt+t8umcwKu4TkshH=AFJ-8MeYysud2MkBQ@mail.gmail.com>
     [not found]           ` <CAEgR2PEVwt_shiqwGjK6dPscRUTHayis0PaQO5Dj_fVEGGgaCQ@mail.gmail.com>
2016-12-10 12:23             ` Daniele Pinna
2016-12-10 17:39               ` Pieter Wuille
2016-12-11  3:17                 ` Daniele Pinna
2016-12-11  5:29                   ` Eric Voskuil
2016-12-11  9:21                   ` Adam Back

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