-----BEGIN PGP SIGNED MESSAGE----- Hash: SHA1 (My replies below)
On 06/26/2015 06:47 AM, Tier Nolan wrote: > On Thu, Jun 25, 2015 at 3:07 PM, Adam Back <a...@cypherspace.org > <mailto:a...@cypherspace.org>> wrote: > > 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. > > > True. Yep. > > BIP 100 and 101 could be combined. Would that increase consensus? Possibly ~ In my past message(s), I've suggested that Jeff's BIP 100 is a better alternative to Gavin's proposal(s), but that I didn't think that this should be taken to mean that I am saying one thing is "superior" to Gavin's work, rather, I emphasized that Gavin work with Jeff and Adam. At least, at this stage the things are in a BIP process. If the BIP 100 and BIP 101 would be combined, what would that look like on paper? > > - Miner vote threshold reached - Wait notice period or until > earliest start time - Block size default target set to 1 MB - Soft > limit set to 1MB - Hard limit set to 8MB + double every 2 years - > Miner vote to decide soft limit (lowest size ignoring bottom 20% > but 1MB minimum) > > Block size updates could be aligned with the difficulty setting > and based on the last 2016 blocks. > > Miners could leave the 1MB limit in place initially. The vote is > to get the option to increase the block size. > > Legacy clients would remain in the network until >80% of miners > vote to raise the limit and a miner produces a >1MB block. > > If the growth rate over-estimates hardware improvements, the devs > could add a limit into the core client. If they give notice and > enough users update, then miners would have to accept it. > > The block size becomes min(miner's vote, core devs). Even if 4 > years notice is given, blocks would only be 4X optimal. > > > _______________________________________________ bitcoin-dev mailing > list bitcoin-dev@lists.linuxfoundation.org > https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev > - -- http://abis.io ~ "a protocol concept to enable decentralization and expansion of a giving economy, and a new social good" https://keybase.io/odinn -----BEGIN PGP SIGNATURE----- Version: GnuPG v1 iQEcBAEBAgAGBQJVlG5oAAoJEGxwq/inSG8C0r4H/0eklB9GxgHdl4LK7UoLeYYb hlCiIJZ1+sRhTRIHrBtZO+nb2Uy3jLdqO9eOL4z9OXk3TCRBFwSdWrwsZXbzy3tC 5TmYlHvLSpfjiUxpP9JcO5E2VwFvB80pKkjPuUhwFVngh0HHsTA1IinUt52ZW1QP wTdgKFHw3QL9zcfEXljVa3Ih9ssqrl5Eoab8vE2yr3p3QHR7caRLY1gFyKKIRxVH YQangx6D33JcxyAcDNhYqavyt02lHxscqyZo6I4XUvE/aZVmSVTlm2zg7xdR7aCZ 0PlDwzpMD6Zk2QO/5qPPPos/5VETT0ompFK62go/hY2uB4cm+yZw3FFxR+Kknog= =rtTH -----END PGP SIGNATURE----- _______________________________________________ bitcoin-dev mailing list bitcoin-dev@lists.linuxfoundation.org https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev
