On Wed, Dec 16, 2015 at 1:11 PM, Pieter Wuille via bitcoin-dev <bitcoin-dev@lists.linuxfoundation.org> wrote:
> I indeed think we can communicate much better that deciding consensus
> rules is not within our power.

I'm not a core dev, so maybe I have the power to change the consensus rules. No one has that power, actually, at least not legitimately. All we can do is build it and hope enough people find it acceptable to adopt. Who doesn't want to hard fork to 2MB blocks on May 5th and why not?

I have a bitcoin to be split up among all those who suffer from a May 5, 2016 hardfork to 2MB blocks if they can prove it to me, or prove it to enough engineers that I succumb to peer pressure. I would have to respect the engineers though.

There!

Now that we've agreed to have a hard fork on May 5th, 2016, we might decide to implement some other methods of avoiding the FFM, like braiding the blockchain or flexcap, or just let anyone mining on top of a block make one that is a five or ten Kb larger.

notplato

On Wed, Dec 16, 2015 at 2:27 PM, Jeff Garzik via bitcoin-dev <bitcoin-dev@lists.linuxfoundation.org> wrote:

On Wed, Dec 16, 2015 at 1:36 PM, jl2012 <jl2012@xbt.hk> wrote:
4. In the miners round table on the second day, one of the devs mentioned that he didn't want to be seen as the decision maker of Bitcoin. On the other hand, Chinese miners repeatedly mentioned that they want several concrete proposals from devs which they could choose. I see no contradiction between these 2 viewpoints.

This was a very interesting dynamic, and seems fair (menu).

6. I believe we should avoid a radical "Economic Change Event" at least in the next halving cycle, as Bitcoin was designed to bootstrap the adoption by high mining reward in the beginning. For this reason, I support an early and conservative increase, such as BIP102 or 2-4-8. 2MB is accepted by most people and it's better than nothing for BIP101 proponents. By "early" I mean to be effective by May, at least 2 months before the halving.

That was precisely my logic for picking May 5 as the hard fork date. Some buffer before halving, enough for caution and iteration in the meantime.

(c) My most optimistic guess is SW will be ready in 6 months, which will be very close to halving and potential tx volume burst. And it may not be done in 2016, as it does not only involve consensus code, but also change in the p2p protocol and wallet design

Not just wallet design -- you have to game through the standard steps of: update dev lib (bitcoin-core.js/bitcoinj) + release cycle, update app + release cycle, for most actors in the ecosystem, on top of the Bitcoin Core roll out.

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