Re: [bitcoin-dev] Adjusted difficulty depending on relative blocksize

From: Angel Leon <gubatron@gmail•com>
To: "Jakob Rönnbäck" <jakob.ronnback@me•com>
Cc: Bitcoin Dev <bitcoin-dev@lists•linuxfoundation.org>
Subject: Re: [bitcoin-dev] Adjusted difficulty depending on relative blocksize
Date: Fri, 14 Aug 2015 09:32:33 -0400	[thread overview]
Message-ID: <CADZB0_YvvDDq4XzfvQeeWJ2oZxPukP0oXYSrEeC3gy9_Fk0ZuA@mail.gmail.com> (raw)
In-Reply-To: <09C8843E-8379-404D-8357-05BDB1F749C1@me.com>

[-- Attachment #1: Type: text/plain, Size: 1855 bytes --]

Like this?
https://gist.github.com/gubatron/143e431ee01158f27db4

http://twitter.com/gubatron

On Fri, Aug 14, 2015 at 5:59 AM, Jakob Rönnbäck <
bitcoin-dev@lists•linuxfoundation.org> wrote:

> Greetings,
>
> a thought occurred to me that I would love to hear what some bitcoin
> experts think about.
>
> What if one were to adjust the difficulty (for individual blocks)
> depending on the relative size to the average block size of the previous
> difficulty period? (I apologize if i’m not using the correct terms, I’m not
> a real programmer, and I’ve only recently started to subscribe to the
> mailing list)
>
>
> In practice:
>
> 1. calculate average block size for the previous difficulty period (is it
> 2016-blocks?)
> 2. when trying to find a new block adjust the difficulty by adding the
> relative size difference. For instance, if i’m trying to create a block
> half (or double) the size of the average block size for the previous
> difficulty period then my difficulty will be 2x the normal one… if I’m
> trying to make one that is 30% bigger (or smaller) then the difficulty is
> 1.3 times the normal one
>
>
> Right now this would force miners to make blocks as close to 1mb as
> possible (since the block reward >> fees). But unless I’m mistaken sometime
> in the future the block size should be adjusted to maximize the fees…
>
>
> Could the concept be useful somehow?
>
> I apologize if it’s been discussed before or if it’s a stupid idea, I
> would have run it by some other people, but I’m afraid I don’t know anyone
> that have any interest in bitcoin.
>
> Regards
> /jakob
> _______________________________________________
> bitcoin-dev mailing list
> bitcoin-dev@lists•linuxfoundation.org
> https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev
>

[-- Attachment #2: Type: text/html, Size: 2547 bytes --]