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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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  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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