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From: Adam Back <adam@cypherspace.org>
To: Gareth Williams <gacrux@gmail.com>
Cc: bitcoin-dev@lists.linuxfoundation.org
Subject: Re: [bitcoin-dev] Draft BIP : fixed-schedule block size increase
Date: Thu, 25 Jun 2015 16:07:59 +0200	[thread overview]
Message-ID: <CALqxMTHQCWSg5Px5iLzNisZchuyzWJ2KwtwbWycywDSjF+4GBA@mail.gmail.com> (raw)
In-Reply-To: <0CAB4453-0C88-4CCB-86C1-DA192D4F77A1@gmail.com>

Note Jeff's proposal and Greg Maxwell's flexcap proposals also have a
growth limiter as a hard-cap and a mechanism for influencing a dynamic
cap within that envelope.

The hard-cap serves the purpose of a safety limit in case our
understanding about the economics, incentives or game-theory is wrong
worst case.

More comments to follow.

Adam


On 25 June 2015 at 15:50, Gareth Williams <gacrux@gmail.com> wrote:
> On 24 June 2015 1:49:51 PM AEST, Jeff Garzik <jgarzik@gmail.com> wrote:
>>Miners can collude today to lower the block size limit.
>
> Of course they can. What, then, is the need for BIP100's hard-limit voting mechanism?
>
> You only need consensus rules to enforce block size limits if you're enforcing them _against_ miners. Which may be a perfectly valid thing to do (if your threat model includes, for example, the possibility that large miners deliberately create large blocks to gain an advantage over small miners.) But BIP100 doesn't address that anyway.
>
> Wouldn't it be safer for consensus to get behind Gavin's simpler 8MB->8GB hard-limit growth curve*, and then encourage miners to enforce a soft limit below that, agreed through a voting mechanism? The later can be implemented at any time without consensus changes -- nobody can prevent miners from coordinating the max block size they'll build on anyway.
>
> * but with a safer "supermajority" than 75% please :)
> --
> Sent from my Android device with K-9 Mail. Please excuse my brevity.
> _______________________________________________
> bitcoin-dev mailing list
> bitcoin-dev@lists.linuxfoundation.org
> https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev


  reply	other threads:[~2015-06-25 14:08 UTC|newest]

Thread overview: 62+ messages / expand[flat|nested]  mbox.gz  Atom feed  top
2015-06-22 18:18 [bitcoin-dev] Draft BIP : fixed-schedule block size increase Gavin Andresen
2015-06-22 18:33 ` Tier Nolan
2015-06-22 18:46   ` Gavin Andresen
2015-06-22 19:10 ` Martin Schwarz
2015-06-22 19:28   ` Tier Nolan
2015-06-22 19:54     ` Gavin Andresen
2015-06-22 20:12       ` Peter Todd
2015-06-22 19:23 ` Peter Todd
2015-06-23  7:35   ` Ross Nicoll
2015-08-17 15:58     ` Jorge Timón
2015-06-23 19:16   ` Peter Todd
2015-06-22 20:27 ` Kalle Rosenbaum
2015-06-22 20:46   ` Gavin Andresen
2015-06-22 20:51     ` Gavin Andresen
2015-06-22 21:52 ` Mark Friedenbach
2015-06-23 19:28 ` Peter Todd
2015-06-23 20:12   ` Gavin Andresen
2015-06-23 20:26     ` Pieter Wuille
2015-06-23 20:50       ` Peter Todd
2015-06-24  6:14         ` grarpamp
2015-06-23 20:46     ` Peter Todd
2015-06-23 21:24       ` Gavin Andresen
2015-06-26 19:08         ` Peter Todd
2015-06-26 22:01           ` Ivan Brightly
2015-06-26 19:25         ` Peter Todd
2015-06-26 22:16           ` Simon Liu
2015-06-27  2:14             ` Milly Bitcoin
2015-06-23 20:55     ` Roy Badami
2015-06-24  1:43 ` odinn
2015-06-24  3:05   ` William Madden
2015-06-24  3:49     ` Jeff Garzik
2015-06-24 13:06       ` Will
2015-06-24 13:44         ` Gavin Andresen
2015-06-25  0:32           ` Pindar Wong
2015-06-25 13:50       ` Gareth Williams
2015-06-25 14:07         ` Adam Back [this message]
2015-06-26 13:47           ` Tier Nolan
2015-06-26 15:13             ` Will
2015-06-26 17:39               ` Gavin Andresen
2015-06-26 19:07                 ` Will
2015-07-01 22:49             ` odinn
2015-08-17 13:15               ` Tier Nolan
2015-08-17 13:18                 ` Clément Elbaz
2015-08-19  3:45                 ` odinn
2015-08-17 16:11             ` Jorge Timón
2015-06-26 21:07 ` Carsten Otto
2015-06-22 19:32 Jean-Paul Kogelman
2015-06-22 20:43 ` Tier Nolan
2015-06-22 20:54 ` Peter Todd
2015-06-22 21:04   ` Stephen Morse
2015-06-22 21:32     ` Ross Nicoll
2015-08-17 15:54       ` Jorge Timón
2015-06-22 21:21   ` Gavin Andresen
2015-06-22 21:39     ` Patrick Strateman
2015-06-22 21:48     ` Tier Nolan
2015-06-23  7:59 Ross Nicoll
2015-06-24  4:31 Raystonn
2015-06-24 17:05 ` Mark Friedenbach
2015-06-24 17:24   ` Roy Badami
2015-06-24 17:23 Raystonn
2015-06-24 17:24 ` Allen Piscitello
2015-06-24 17:28 ` Roy Badami

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