From: Upal Chakraborty <bitcoin@upalc•com>
To: bitcoin-dev@lists•linuxfoundation.org
Subject: [bitcoin-dev] Dynamically Controlled Bitcoin Block Size Max Cap
Date: Sat, 22 Aug 2015 03:15:37 +0530 [thread overview]
Message-ID: <CAED3CWgSBP17Lczpb1TOtGD--v9x2BCU08=7j036qyfWUf-TSw@mail.gmail.com> (raw)
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I have tried to solve the maximum block size debate in two different
proposal.
i. Depending only on previous block size calculation.
ii. Depending on previous block size calculation and previous Tx fee
collected by miners.
Proposal 1: Depending only on previous block size calculation
If more than 50% of block's size, found in the first 2000 of the last
difficulty period, is more than 90% MaxBlockSize
Double MaxBlockSize
Else if more than 90% of block's size, found in the first 2000 of the last
difficulty period, is less than 50% MaxBlockSize
Half MaxBlockSize
Else
Keep the same MaxBlockSize
Proposal 2: Depending on previous block size calculation and previous Tx
fee collected by miners
TotalTxFeeInLastButOneDifficulty = Sum of all Tx fees of first 2008 blocks
in last 2 difficulty period
TotalTxFeeInLastDifficulty = Sum of all Tx fees of second 2008 blocks in
last 2 difficulty period (This actually includes 8 blocks from last but one
difficulty)
If ( ( (Sum of first 4016 block size in last 2 difficulty period)/4016 >
50% MaxBlockSize) AND (TotalTxFeeInLastDifficulty >
TotalTxFeeInLastButOneDifficulty) )
MaxBlockSize = TotalTxFeeInLastDifficulty * MaxBlockSize /
TotalTxFeeInLastButOneDifficulty
Else If ( ( (Sum of first 4016 block size in last 2 difficulty period)/4016
< 50% MaxBlockSize) AND (TotalTxFeeInLastDifficulty <
TotalTxFeeInLastButOneDifficulty) )
MaxBlockSize = TotalTxFeeInLastDifficulty * MaxBlockSize /
TotalTxFeeInLastButOneDifficulty
Else
Keep the same MaxBlockSize
Details: http://upalc.com/maxblocksize.php
Requesting for comment.
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next reply other threads:[~2015-08-21 21:45 UTC|newest]
Thread overview: 33+ messages / expand[flat|nested] mbox.gz Atom feed top
2015-08-21 21:45 Upal Chakraborty [this message]
-- strict thread matches above, loose matches on Subject: below --
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 11:57 Rodney Morris
2015-08-17 12:38 ` Angel Leon
2015-08-17 12:43 ` Tier Nolan
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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