On 14 August 2015 at 11:59, Jakob Rönnbäck < bitcoin-dev@lists.linuxfoundation.org> wrote:
> What if one were to adjust the difficulty (for individual blocks) > depending on the relative size to the average block size of the previous > difficulty period? (I apologize if i’m not using the correct terms, I’m not > a real programmer, and I’ve only recently started to subscribe to the > mailing list) > That would mean that as usage grew, blocksize could increase, but confirmation times would also increase (though presumably less than linearly). That seems like a loss? If you also let the increase in confirmation time (due to miners finding harder blocks rather than a reduction in hashpower) then get reflected back as decreased difficulty, it'd probably be simpler to just dynamically adjust the max blocksize wouldn't it? Cheers, aj -- Anthony Towns <a...@erisian.com.au>
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