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From: "Jorge Timón" <jtimon@jtimon.cc>
To: Gavin Andresen <gavinandresen@gmail.com>
Cc: Bitcoin Development <bitcoin-development@lists.sourceforge.net>
Subject: Re: [Bitcoin-development] Block Size Increase Requirements
Date: Sun, 31 May 2015 16:59:45 +0200	[thread overview]
Message-ID: <CABm2gDr4G7V5OLfiFq0onGNb3HCWHk9K46FtVcLOVetvxiLqRg@mail.gmail.com> (raw)
In-Reply-To: <CABsx9T0SVW9ASBH=Xyet5EKQtjAoJ7nLpAab5_yLQdUo=QpV7w@mail.gmail.com>

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Whatever...let's use the current subsidies, the same argument applies, it's
just 20 + 25 = 45 btc per block for miner B vs 27 btc for miner B.
Miner B would still go out of business, bigger blocks still mean more
mining and validation centralization. The question is how far I we willing
to go with this "scaling by sacrificing decentralization", but the answer
can't be "that's to far away in the future to worry about it, right now as
far as we think we can using orphan rate as the only criterion".
On May 31, 2015 4:49 PM, "Gavin Andresen" <gavinandresen@gmail.com> wrote:

> On Sun, May 31, 2015 at 10:46 AM, Jorge Timón <jtimon@jtimon.cc> wrote:
>
>> Here's a thought experiment:
>>
>> Subsidy is gone, all the block reward comes from fees.
>>
> I wrote about long-term hypotheticals and why I think it is a big mistake
> to waste time worrying about them here:
>    http://gavinandresen.ninja/when-the-block-reward-goes-away
>
>
> --
> --
> Gavin Andresen
>

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  reply	other threads:[~2015-05-31 14:59 UTC|newest]

Thread overview: 67+ messages / expand[flat|nested]  mbox.gz  Atom feed  top
2015-05-07 22:02 [Bitcoin-development] Block Size Increase Requirements Matt Corallo
2015-05-07 23:24 ` Joseph Poon
2015-05-08  0:05 ` Peter Todd
2015-05-08  6:33   ` Arkady
2015-05-08 10:03 ` Mike Hearn
2015-05-08 16:37   ` Peter Todd
2015-05-08 19:47     ` Tier Nolan
2015-05-09  3:08       ` Peter Todd
2015-05-16  4:39         ` Stephen
2015-05-16 11:29           ` Tier Nolan
2015-05-16 11:25         ` Tier Nolan
2015-05-29 22:36 ` Gavin Andresen
2015-05-29 23:25   ` Matt Corallo
     [not found]     ` <CABsx9T3__mHZ_kseRg-w-x2=8v78QJLhe+BWPezv+hpbFCufpw@mail.gmail.com>
2015-05-30 19:32       ` Matt Corallo
2015-05-30 20:37         ` Gavin Andresen
2015-05-31 14:46           ` Jorge Timón
2015-05-31 14:49             ` Gavin Andresen
2015-05-31 14:59               ` Jorge Timón [this message]
2015-05-31 15:08                 ` Gavin Andresen
2015-05-31 15:45                   ` Jorge Timón
2015-05-29 23:42 ` Chun Wang
2015-05-30 13:57   ` Gavin Andresen
2015-05-30 14:08     ` Pindar Wong
2015-05-30 22:05     ` Alex Mizrahi
2015-05-30 23:16       ` Brian Hoffman
2015-05-31  0:13         ` Alex Mizrahi
2015-05-31  5:05       ` gb
     [not found]     ` <CAFzgq-z5WCznGhbOexS0XESNGAVauw45ewEV-1eMij7yDT61=Q@mail.gmail.com>
2015-05-31  1:31       ` [Bitcoin-development] Fwd: " Chun Wang
2015-05-31  2:20         ` Pindar Wong
2015-05-31 12:40         ` Gavin Andresen
2015-05-31 13:45           ` Alex Mizrahi
2015-05-31 14:54             ` Gavin Andresen
2015-05-31 22:55               ` Alex Mizrahi
2015-05-31 23:23                 ` Ricardo Filipe
2015-05-31 23:40                   ` Pindar Wong
2015-05-31 23:58                     ` Ricardo Filipe
2015-06-01  0:03                       ` Pindar Wong
2015-06-01  7:57                   ` Alex Mizrahi
2015-06-01 10:13                     ` Mike Hearn
2015-06-01 10:42                       ` Pindar Wong
2015-06-01 11:26                         ` Peter Todd
2015-06-01 12:19                           ` Pindar Wong
2015-06-01 11:02                       ` Chun Wang
2015-06-01 11:09                         ` Pindar Wong
2015-06-01 11:20                         ` Chun Wang
2015-06-01 13:59                           ` Gavin Andresen
2015-06-01 14:08                             ` Chun Wang
2015-06-01 15:33                               ` Mike Hearn
2015-06-01 16:06                                 ` Ángel José Riesgo
2015-06-01 14:46                             ` Oliver Egginger
2015-06-01 14:48                               ` Chun Wang
2015-06-01 16:43                             ` Yifu Guo
2015-06-01 20:01                             ` Roy Badami
2015-06-01 20:15                               ` Roy Badami
2015-06-01 13:21                         ` Mike Hearn
2015-06-01 12:29                       ` Warren Togami Jr.
2015-06-01 13:15                 ` Gavin Andresen
2015-05-31 12:52         ` Gavin Andresen
2015-05-31 13:31           ` [Bitcoin-development] [Bulk] " gb
2015-05-31 19:49             ` Gavin Andresen
2015-05-31 14:17           ` [Bitcoin-development] " Dave Hudson
2015-05-31 14:34         ` Yifu Guo
2015-05-31 14:47           ` Gavin Andresen
2015-05-31  7:05   ` [Bitcoin-development] " Peter Todd
2015-05-31 12:51     ` Gavin Andresen
2015-05-30 23:18 Raystonn
2015-05-31  0:32 ` Alex Mizrahi

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