public inbox for bitcoindev@googlegroups.com
 help / color / mirror / Atom feed
From: Whit Jack <whit@whitjack.me>
To: bitcoin-dev@lists.linuxfoundation.org
Subject: [bitcoin-dev] BIP Proposal:
Date: Fri, 2 Oct 2015 12:03:05 -0700	[thread overview]
Message-ID: <A05E6A18-C93F-4878-9D94-D6A53FBA512E@whitjack.me> (raw)

/* I do not want to make anyone angry, this is sarcasm, if you are not interested, please stop here */

I would like to propose a block size algorithm based off the use of extra unneeded, unwanted data.  I’m looking to see if anyone would be able to help me find potential flaws.

==Abstract==

This BIP proposes replacing the current static blocksize with a 2-part blocksize algorithm to decide on the blocksize balancing power between the miners and users.  I propose an easy to implement solution for reaching consensus based on a number of factors (or variables as you programmy types like to call it).

Transaction volume and buzzword usage have been growing in a heavily correlated way for the past 6 years.  If we were to base the blocksize on the usage of buzzwords, we could grow the blocksize at a reasonable rate to scale with demand.


I have outlined specifics at https://github.com/whitj00/bips/blob/master/bip-whit.mediawiki

Thanks,
Whit

                 reply	other threads:[~2015-10-02 19:03 UTC|newest]

Thread overview: [no followups] expand[flat|nested]  mbox.gz  Atom feed

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=A05E6A18-C93F-4878-9D94-D6A53FBA512E@whitjack.me \
    --to=whit@whitjack.me \
    --cc=bitcoin-dev@lists.linuxfoundation.org \
    /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