From: Pieter Wuille <pieter.wuille@gmail.com>
To: Aaron Voisine <voisine@gmail.com>
Cc: Bitcoin Dev <bitcoin-development@lists.sourceforge.net>
Subject: Re: [Bitcoin-development] Long-term mining incentives
Date: Wed, 13 May 2015 17:58:28 -0700 [thread overview]
Message-ID: <CAPg+sBjxXe0spytGsP1BUzNZhJFDYu_yacdhTy5F+O-X8EG7NQ@mail.gmail.com> (raw)
In-Reply-To: <CACq0ZD4_zxhm=qWrP+Nr+fQER4s2R8i7qRjX4HsBWN46uOP2MA@mail.gmail.com>
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On Wed, May 13, 2015 at 5:48 PM, Aaron Voisine <voisine@gmail.com> wrote:
> We have $3billion plus of value in this system to defend. The safe,
> conservative course is to increase the block size. Miners already have an
> incentive to find ways to encourage higher fees and we can help them with
> standard recommended propagation rules and hybrid priority/fee transaction
> selection for blocks that increases confirmation delays for low fee
> transactions.
>
You may find that the most economical solution, but I can't understand how
you can call it conservative.
Suggesting a hard fork is betting the survival of the entire ecosystem on
the bet that everyone will agree with and upgrade to new suggested software
before a flag date.
--
Pieter
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next prev parent reply other threads:[~2015-05-14 0:58 UTC|newest]
Thread overview: 37+ messages / expand[flat|nested] mbox.gz Atom feed top
2015-05-11 16:28 [Bitcoin-development] Long-term mining incentives Thomas Voegtlin
2015-05-11 16:52 ` insecurity
2015-05-11 17:29 ` Gavin Andresen
2015-05-12 12:35 ` Thomas Voegtlin
[not found] ` <CABsx9T1h7p3hDr7ty43uxsYs-oNRpndzg=dowST2tXtogxRm2g@mail.gmail.com>
[not found] ` <555210AF.3090705@electrum.org>
2015-05-12 16:10 ` Gavin Andresen
2015-05-12 16:21 ` Dave Hudson
2015-05-12 21:24 ` Pedro Worcel
2015-05-12 23:48 ` Adam Back
2015-05-13 15:41 ` Gavin Andresen
2015-05-13 20:05 ` Pedro Worcel
2015-05-13 9:49 ` Thomas Voegtlin
2015-05-13 10:14 ` Tier Nolan
2015-05-13 10:31 ` Alex Mizrahi
2015-05-13 11:29 ` Tier Nolan
2015-05-13 12:26 ` Alex Mizrahi
2015-05-13 13:24 ` Gavin
2015-05-13 13:28 ` Tier Nolan
2015-05-13 14:26 ` Alex Mizrahi
2015-05-13 23:46 ` Jorge Timón
2015-05-14 0:11 ` Jorge Timón
2015-05-14 0:48 ` Aaron Voisine
2015-05-14 0:58 ` Pieter Wuille [this message]
2015-05-14 1:13 ` Aaron Voisine
2015-05-14 1:19 ` Pieter Wuille
2015-05-14 1:31 ` Aaron Voisine
2015-05-14 2:34 ` Aaron Voisine
2015-05-16 20:35 ` Owen Gunden
2015-05-16 22:18 ` Tom Harding
2015-05-17 1:08 ` Aaron Voisine
2015-05-14 0:44 ` Melvin Carvalho
2015-05-25 18:31 ` Mike Hearn
2015-05-26 18:47 ` Thomas Voegtlin
2015-05-27 21:59 ` Mike Hearn
2015-05-27 22:22 ` Gregory Maxwell
2015-05-28 10:30 ` Mike Hearn
2015-05-13 17:49 Damian Gomez
2015-05-18 2:29 Michael Jensen
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