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From: Brooks Boyd <boydb@midnightdesign•ws>
To: Bitcoin Development <bitcoin-development@lists•sourceforge.net>
Subject: Re: [Bitcoin-development] Concerns Regarding Threats by a Developer to Remove Commit Access from Other Developers
Date: Fri, 19 Jun 2015 06:48:54 -0500	[thread overview]
Message-ID: <CANg-TZBL-d4L6+kP7CGi89QkYtFEk4kGZZqB-5jp5K5Cm8nEZQ@mail.gmail.com> (raw)
In-Reply-To: <CANEZrP33GCiZHK1GV2Qt_R_AHK6SEjybGPtmORjqgvQ9MiYVZQ@mail.gmail.com>

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On Fri, Jun 19, 2015 at 4:37 AM, Mike Hearn <mike@plan99•net> wrote:

> Or alternatively, fix the reasons why users would have negative
>> experiences with full blocks
>>
>
> It's impossible, Mark. *By definition* if Bitcoin does not have
> sufficient capacity for everyone's transactions, some users who were using
> it will be kicked out to make way for the others. Whether that happens in
> some kind of stable organised way or (as with the current code) a fairly
> chaotic way doesn't change the fundamental truth: *some users will find
> their bitcoin savings have become uneconomic to spend*.
>
> Here's a recent user complaint that provides a preview of coming
> attractions:
>
>
> https://www.reddit.com/r/Bitcoin/comments/39r3bi/breadwallet_asking_me_to_pay_over_10_network_fee/
>
> Hello, I'm just trying to send my small Sarutobi-tips stash (12,159 bits)
>> onto a paper wallet. When I try to send it, a window pops up stating
>> "insufficient funds for bitcoin network fee, reduce payment amount by 1,389
>> bits?" This would be a fee of $0.32 to send my $2.82, leaving me with $2.50.
>
>
>
Has there been any talk about reducing the time between blocks? If blocks
were allowed to come twice as fast, they would be able to clear pending
transactions in the mempool the same as if the block size doubled, but
would allow mining to stay more decentralized since miners wouldn't be
working on such large-scale blocks? It would still take more storage space
to store the blockchain, though.

Brooks

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  parent reply	other threads:[~2015-06-19 12:15 UTC|newest]

Thread overview: 60+ messages / expand[flat|nested]  mbox.gz  Atom feed  top
2015-06-18  8:54 odinn
2015-06-18 10:00 ` Mike Hearn
2015-06-18 11:14   ` Wladimir J. van der Laan
2015-06-18 11:47     ` Wladimir J. van der Laan
2015-06-18 13:36       ` Mike Hearn
2015-06-18 15:58         ` Gregory Maxwell
2015-06-18 12:29     ` Pieter Wuille
2015-06-18 12:50       ` Wladimir J. van der Laan
2015-06-18 12:56         ` Benjamin
2015-06-18 13:49       ` Mike Hearn
2015-06-18 14:05         ` Wladimir J. van der Laan
2015-06-18 14:16           ` Mike Hearn
2015-06-18 14:53           ` Milly Bitcoin
2015-06-18 14:56             ` Jeff Garzik
2015-06-18 15:13               ` Milly Bitcoin
2015-06-18 14:53       ` Jeff Garzik
2015-06-18 16:07         ` justusranvier
2015-06-18 16:28           ` Jeff Garzik
2015-06-18 17:04             ` justusranvier
2015-06-18 17:42               ` Alex Morcos
2015-06-18 18:01                 ` Milly Bitcoin
2015-06-18 18:23                 ` Gavin Andresen
2015-06-18 18:44                   ` Alex Morcos
2015-06-18 18:49                   ` Jorge Timón
2015-06-18 19:31                     ` Ross Nicoll
2015-06-18 21:42                       ` Matt Whitlock
2015-06-18 21:49                         ` Mark Friedenbach
2015-06-18 21:58                           ` Jeff Garzik
2015-06-18 22:33                             ` Mark Friedenbach
2015-06-18 22:52                               ` Jeff Garzik
2015-06-18 23:25                                 ` odinn
2015-06-18 23:16                               ` Ross Nicoll
2015-06-19  0:57                               ` Chris Pacia
2015-06-19  5:59                                 ` Eric Lombrozo
2015-06-19  9:37                               ` Mike Hearn
2015-06-19  9:53                                 ` Benjamin
2015-06-19 10:08                                   ` GC
2015-06-19 10:19                                   ` Mike Hearn
2015-06-19 10:52                                 ` Eric Lombrozo
2015-06-19 11:31                                 ` Jorge Timón
2015-06-19 12:26                                   ` GC
2015-06-19 11:48                                 ` Brooks Boyd [this message]
2015-06-21 14:45                                   ` Owen Gunden
2015-06-18 21:55                         ` Ross Nicoll
2015-06-18 19:24                   ` Matt Corallo
2015-06-18 19:32                     ` Gregory Maxwell
2015-06-18 12:38     ` Milly Bitcoin
2015-06-18 13:31     ` Mike Hearn
2015-06-18 13:50       ` Pieter Wuille
2015-06-18 15:03       ` Mark Friedenbach
2015-06-18 15:30         ` Milly Bitcoin
2015-06-18 15:46           ` Wladimir J. van der Laan
2015-06-18 16:05             ` Mike Hearn
2015-06-18 16:20               ` Wladimir J. van der Laan
2015-06-18 22:49               ` odinn
2015-06-18 16:11             ` Milly Bitcoin
2015-06-18 11:41   ` Lawrence Nahum
2015-06-18 14:33   ` Bryan Bishop
2015-06-18 18:09   ` Melvin Carvalho
2015-06-18 22:10   ` odinn

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