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From: Jeff Garzik <jgarzik@gmail•com>
To: Pieter Wuille <pieter.wuille@gmail•com>
Cc: bitcoin-dev@lists•linuxfoundation.org
Subject: Re: [bitcoin-dev] Bitcoin Core and hard forks
Date: Wed, 22 Jul 2015 11:01:53 -0700	[thread overview]
Message-ID: <CADm_WcbnszcVP=50NDGhw4q2ULRHQF7hX4Hb8P8ptzDcS4oG1A@mail.gmail.com> (raw)
In-Reply-To: <CADm_WcbnQQGZoQ92twfUvbzqGwu__xLn+BYOkHPZY_YT1pFrbA@mail.gmail.com>

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Addendum:

Please do not interpret - as many have - my points as advocating against
letting a fee market ever develop(!).

Fees are useful against DoS, increasing cost of attack etc.  Further,
continuing the artificially-low fee policy ad infinitum is unsustainable
and constitutes a moral hazard.

Examine from the user's point of view.  If you want to develop a fee
market, think it through in the context of user expectation/experience -
which translates to how software is written and users behave, the context
of market disruption, and the context of further block size increases.

Transition to a new economic policy should be planned.  It should give
users and markets time to adjust.

It is grossly irresponsible to simply drop users into a new economic policy
with no warning and no preparation.

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  reply	other threads:[~2015-07-22 19:13 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 [this message]
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
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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