public inbox for bitcoindev@googlegroups.com
 help / color / mirror / Atom feed
From: Peter Todd <pete@petertodd.org>
To: Gavin Andresen <gavinandresen@gmail.com>
Cc: bitcoin-development@lists.sourceforge.net
Subject: Re: [Bitcoin-development] Blocksize and off-chain transactions
Date: Wed, 13 Mar 2013 13:48:38 -0400	[thread overview]
Message-ID: <20130313174838.GA22621@savin> (raw)
In-Reply-To: <CABsx9T0xOpNpFG4bo7wjcMV8a_xtw_jrRx_fiSutX08yfP8P7Q@mail.gmail.com>

[-- Attachment #1: Type: text/plain, Size: 1192 bytes --]

On Wed, Mar 13, 2013 at 01:01:43PM -0400, Gavin Andresen wrote:
> > The very statement that we're willing to increase the blocksize as our
> > solution to increased transaction volume rather go down the path of
> > off-chain transactions is incredibly controversial.
> 
> I really don't understand this either/or mentality.

You said it best yourself:

10:48 < gavinandresen> Luke-Jr: argument for another day, but I can
almost guarantee that the blocksize limit will be raised in less than 2
years, just based on pressure from the big businesses using the chain
(and no, NOT satoshidice)

Decentralization offers big businesses nothing; they're a regulation
target already by virtue of size alone.

> OF COURSE we're going to raise the block size limit. Limiting the main
> blockchain to single-digit transactions-per-second is not an option,
> the vision FOREVER has been to scale it up.
> 
> And OF COURSE there will be off-chain transactions-- at the very
> least, we need them for "instantly confirmed" transactions.
> 
> But lets table that whole discussion until 0.8.1 is out the door.
> 
> -- 
> --
> Gavin Andresen
> 

-- 
'peter'[:-1]@petertodd.org

[-- Attachment #2: Digital signature --]
[-- Type: application/pgp-signature, Size: 198 bytes --]

  reply	other threads:[~2013-03-13 17:48 UTC|newest]

Thread overview: 8+ messages / expand[flat|nested]  mbox.gz  Atom feed  top
2013-03-13 17:01 [Bitcoin-development] Blocksize and off-chain transactions Gavin Andresen
2013-03-13 17:48 ` Peter Todd [this message]
2013-03-13 18:01   ` Michael Gronager
2013-03-13 18:08     ` Luke-Jr
2013-03-13 18:28     ` Pieter Wuille
2013-03-13 19:29       ` Roy Badami
2013-03-13 19:43       ` Stephen Pair
2013-03-13 20:14       ` Michael Gronager

Reply instructions:

You may reply publicly to this message via plain-text email
using any one of the following methods:

* Save the following mbox file, import it into your mail client,
  and reply-to-all from there: mbox

  Avoid top-posting and favor interleaved quoting:
  https://en.wikipedia.org/wiki/Posting_style#Interleaved_style

* Reply using the --to, --cc, and --in-reply-to
  switches of git-send-email(1):

  git send-email \
    --in-reply-to=20130313174838.GA22621@savin \
    --to=pete@petertodd.org \
    --cc=bitcoin-development@lists.sourceforge.net \
    --cc=gavinandresen@gmail.com \
    /path/to/YOUR_REPLY

  https://kernel.org/pub/software/scm/git/docs/git-send-email.html

* If your mail client supports setting the In-Reply-To header
  via mailto: links, try the mailto: link
Be sure your reply has a Subject: header at the top and a blank line before the message body.
This is a public inbox, see mirroring instructions
for how to clone and mirror all data and code used for this inbox