From: Tier Nolan <tier.nolan@gmail•com>
Cc: bitcoin-dev@lists•linuxfoundation.org
Subject: Re: [bitcoin-dev] Dynamically Controlled Bitcoin Block Size Max Cap
Date: Mon, 17 Aug 2015 13:43:46 +0100 [thread overview]
Message-ID: <CAE-z3OVgQuFsXNEe0ccXXS=pzxhHzZNJiuFJ3tc=5QD=D4oDSg@mail.gmail.com> (raw)
In-Reply-To: <CABerxhEwA7Pz0hdSuOf+RwWZiZpY1fSArB+UiyVUwr6S2fr3vQ@mail.gmail.com>
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On Mon, Aug 17, 2015 at 12:57 PM, Rodney Morris via bitcoin-dev <
bitcoin-dev@lists•linuxfoundation.org> wrote:
> I haven't run any statistics or simulations, but I'm concerned that the
> interplay between the random distribution of transaction arrival and the
> random distribution of block times may lead to false signals.
>
You could just take the average of all the block sizes for the last 2016
window.
If average of last 2016 > 50% of the limit, then increase by 6.25%
Otherwise, decrease by 6.25%
This means that the average would be around 50% of the limit. This gives
margin to create larger blocks when blocks are happening slowly.
A majority of miners could force the limit upwards by creating spam but
full blocks.
It could be coupled with a hard limit that grows at whatever is seen as the
maximum reasonable. This would be both a maximum and a minimum.
All of these schemes add state to the system. If the schedule is
predictable, then you can check determine the maximum block size purely
from the header and coinbase.
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next prev parent reply other threads:[~2015-08-17 12:43 UTC|newest]
Thread overview: 33+ messages / expand[flat|nested] mbox.gz Atom feed top
2015-08-17 11:57 Rodney Morris
2015-08-17 12:38 ` Angel Leon
2015-08-17 12:43 ` Tier Nolan [this message]
-- strict thread matches above, loose matches on Subject: below --
2015-08-21 21:45 Upal Chakraborty
2015-08-20 15:02 Upal Chakraborty
2015-08-18 12:13 Upal Chakraborty
2015-08-18 17:26 ` Chris Wardell
2015-08-20 7:31 ` Jorge Timón
2015-08-20 10:23 ` Milly Bitcoin
2015-08-21 0:25 ` Tom Harding
2015-08-21 0:37 ` Peter Todd
2015-08-21 16:52 ` Tom Harding
2015-08-21 22:21 ` Peter Todd
2015-08-21 23:16 ` Tom Harding
2015-08-22 0:01 ` Peter Todd
2015-08-22 3:21 ` Jorge Timón
2015-08-22 6:26 ` Peter Todd
2015-08-23 23:41 ` Tom Harding
2015-08-24 2:27 ` Jorge Timón
2015-08-21 0:45 ` Milly Bitcoin
2015-08-21 0:58 ` Peter Todd
2015-08-21 1:30 ` Milly Bitcoin
2015-08-21 20:28 ` Jorge Timón
2015-08-21 12:13 ` Sriram Karra
2015-08-21 20:09 ` Jorge Timón
2015-08-18 19:44 ` cedric perronnet
2015-08-18 20:58 ` Danny Thorpe
2015-08-18 21:17 ` Chris Wardell
2015-08-19 17:21 ` Upal Chakraborty
2015-08-17 9:44 Upal Chakraborty
2015-08-17 9:54 ` Levin Keller
2015-08-17 9:59 ` Patrick Strateman
2015-08-17 10:51 ` Btc Drak
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