Define acceptable. The 40% thing is marketing and a temporary solution. And people come down on both sides of whether or not marketing "40%" is a good idea.
I think it is a baby step that is moving in the right direction. You want the numbers and sentiment moving in that direction (down, versus "own the market! </IPO>"). The more critical piece is fleshing out the various proposals and technical solutions for decentralized transaction selection and other aspects of SPOF-proofing mining. Historical note: On one hand, Satoshi seemed to dislike the early emergence of GPU mining pools quite a bit. On the other hand, Satoshi noted that the network would probably devolve down to a few big players if we ever reached VISA/MC transaction levels. Satoshi clearly never figured this part out :) Today, there is consensus on the need for a "keep bitcoin free and open" technical solution, but it remains to be seen how much we engineers can really do to make life fair. Making transaction selection a bit more independent from hashpower seems one step. There are several other proposals floating about. -- Jeff Garzik Bitcoin core developer and open source evangelist BitPay, Inc. https://bitpay.com/ ------------------------------------------------------------------------------ Want fast and easy access to all the code in your enterprise? Index and search up to 200,000 lines of code with a free copy of Black Duck Code Sight - the same software that powers the world's largest code search on Ohloh, the Black Duck Open Hub! Try it now. http://p.sf.net/sfu/bds _______________________________________________ Bitcoin-development mailing list Bitcoin-development@lists.sourceforge.net https://lists.sourceforge.net/lists/listinfo/bitcoin-development