From: Greg Sanders <gsanders87@gmail•com>
To: "Russell O'Connor" <roconnor@blockstream•io>,
Bitcoin Protocol Discussion
<bitcoin-dev@lists•linuxfoundation.org>
Subject: Re: [bitcoin-dev] Three hardfork-related BIPs
Date: Fri, 27 Jan 2017 15:47:20 -0500 [thread overview]
Message-ID: <CAB3F3DviHkQo9ndYphOgUvgSum9TTzX=AA_Acdf-9sZJ7TuHuQ@mail.gmail.com> (raw)
In-Reply-To: <CAMZUoKmUH7ah7pnUgLHFtwYacw2=v3rJ0-csJ8thRy=REM92iw@mail.gmail.com>
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Note that the 4MB number comes from a single network metric.
Quotes directly from the paper in question:
http://fc16.ifca.ai/bitcoin/papers/CDE+16.pdf
>Our results hinge on the key metric of effective throughput in the overlay
network, which we define here as which blocks propagate within an average
block interval period the percentage of nodes to.
...
>Note that as we consider only a subset of possible metrics (due to
difficulty in accurately measuring others), our results on
reparametrization may be viewed as upper bounds: additional metrics could
reveal even stricter limits.
It says nothing about any mining centralization pressure, DoS attacks, etc.
A single metric among many we have to contend with.
On Fri, Jan 27, 2017 at 3:34 PM, Russell O'Connor via bitcoin-dev <
bitcoin-dev@lists•linuxfoundation.org> wrote:
>
>
> On Jan 27, 2017 03:03, "Andrew Johnson via bitcoin-dev" <
> bitcoin-dev@lists•linuxfoundation.org> wrote:
>
> Other researchers have come to the conservative conclusion that we could
> handle 4MB blocks today.
>
>
> I believe this is a mischaracterization of the research conclusions. The
> actual conclusion was that the maximum value for the blocksize that the
> network can safely handle (at that time) is some value that is
> (conservatively) no more than 4MB. This is because the research only
> studies one aspect of the effect of blocksize on the network at a time and
> the true safe value is the minimum of all aspects. For example, the 4MB
> doesn't cover the aspect of quadratic hashing for large transactions in
> large blocks.
>
> _______________________________________________
> bitcoin-dev mailing list
> bitcoin-dev@lists•linuxfoundation.org
> https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev
>
>
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next prev parent reply other threads:[~2017-01-27 20:47 UTC|newest]
Thread overview: 23+ messages / expand[flat|nested] mbox.gz Atom feed top
2017-01-27 1:06 Luke Dashjr
[not found] ` <CAAy62_L-mLhokVy4_WeLBVnxM0Y76dtFBaaDrRvQozxw=J1Ctw@mail.gmail.com>
[not found] ` <CAAy62_+1OjF3V5g4wpOyW0KtNGodddJu_cxOfG-f+8LB7D=rPA@mail.gmail.com>
2017-01-27 3:04 ` Andrew Johnson
2017-01-27 4:14 ` Luke Dashjr
[not found] ` <CAAy62_LHtrx7k73kznMpPvheA--0T9YiHkjHArf2KK0Qt+ViUg@mail.gmail.com>
2017-01-27 6:13 ` Andrew Johnson
[not found] ` <CAMZUoKnxqxvPQehdWo1ZaHB-1-od4cHvJRDTmF5x7ty1CdLbUQ@mail.gmail.com>
[not found] ` <CAMZUoK=eb3jgA7Rwt38tvZt0tYk7gRVPc_2=HUWg1L_vaD93uw@mail.gmail.com>
2017-01-27 20:34 ` Russell O'Connor
2017-01-27 20:47 ` Greg Sanders [this message]
2017-01-27 21:28 ` Christian Decker
2017-01-27 23:53 ` Andrew Johnson
2017-01-28 4:03 ` Luke Dashjr
2017-01-28 10:36 ` Natanael
2017-01-28 18:29 ` Peter Todd
2017-01-29 19:15 ` Tom Harding
2017-01-29 19:37 ` Eric Voskuil
2017-02-11 15:26 ` Staf Verhaegen
2017-01-29 19:39 ` David Vorick
2017-01-28 19:43 ` Luke Dashjr
2017-01-28 21:54 ` Peter Todd
2017-02-06 16:24 ` mbtc-dev
2017-02-07 20:32 ` Eric Voskuil
2017-01-28 18:22 ` Peter Todd
2017-01-27 4:21 ` Johnson Lau
2017-01-27 18:54 ` t. khan
2017-01-27 12:12 Daniele Pinna
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