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From: Mike Hearn <mike@plan99.net>
To: Pieter Wuille <pieter.wuille@gmail.com>
Cc: Bitcoin Dev <bitcoin-development@lists.sourceforge.net>,
	Michael Gronager <gronager@ceptacle.com>
Subject: Re: [Bitcoin-development] On the optimal block size and why transaction fees are 8 times too low (or transactions 8 times too big)
Date: Thu, 7 Nov 2013 16:22:16 +0100	[thread overview]
Message-ID: <CANEZrP0wUkjHP8LyUnNDSkYRy-tbSo8A7NmdL4nPFwMZ6oHV-Q@mail.gmail.com> (raw)
In-Reply-To: <CAPg+sBhJqavKYW5TkW4N49FDiR-iRFrTaAEeeXL8rRtAOKjupQ@mail.gmail.com>

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I think trying to help miners figure out the propagation/fees tradeoff at
the moment is a non-starter until we understand it better ourselves. A
server that tracks and records block propagation times, how many fees per
passed up per block, orphan stats per size bucket etc would be tremendously
helpful.


On Thu, Nov 7, 2013 at 4:19 PM, Pieter Wuille <pieter.wuille@gmail.com>wrote:

> Correcting myself:
>
> On Thu, Nov 7, 2013 at 4:00 PM, Pieter Wuille <pieter.wuille@gmail.com>
> wrote:
> > I believe that C. Decker's paper used measurements for propagation
> > delays for blocks 180000-190000, which happened between may and juli
> > 2012. The latest bitcoind/bitcoin-qt release at the time was 0.6.3.
>
> They did use data from blocks 20000-210000, september-november 2012.
> That was still before the 0.8 release, however.
>
> --
> Pieter
>
>
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  reply	other threads:[~2013-11-07 15:22 UTC|newest]

Thread overview: 8+ messages / expand[flat|nested]  mbox.gz  Atom feed  top
2013-11-07 14:11 [Bitcoin-development] On the optimal block size and why transaction fees are 8 times too low (or transactions 8 times too big) Michael Gronager
2013-11-07 15:00 ` Pieter Wuille
2013-11-07 15:19   ` Pieter Wuille
2013-11-07 15:22     ` Mike Hearn [this message]
2013-11-07 15:53       ` Michael Gronager
2013-11-07 20:31 ` Peter Todd
2013-11-07 21:58   ` Michael Gronager
2013-11-15 10:52     ` Peter Todd

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