Re: [bitcoin-dev] [BIP-draft] CHECKSEQUENCEVERIFY - An opcode for relative locktime

2015-08-23 Thread Mark Friedenbach via bitcoin-dev
Sorry this was meant for the list: There are only 32 bits in the version field. If you're going to spend a bit for perpetuity to indicate whether or not a feature is active, you'd better have a good reason to make that feature optional. I haven't seen a compelling use case for having BIP 68 be op

Re: [bitcoin-dev] [BIP-draft] CHECKSEQUENCEVERIFY - An opcode for relative locktime

2015-08-23 Thread jl2012 via bitcoin-dev
Gregory Maxwell via bitcoin-dev 於 2015-08-23 21:01 寫到: Seperately, to Mark and Btcdrank: Adding an extra wrinkel to the discussion has any thought been given to represent one block with more than one increment? This would leave additional space for future signaling, or allow, for example, high

Re: [bitcoin-dev] [BIP-draft] CHECKSEQUENCEVERIFY - An opcode for relative locktime

2015-08-23 Thread Mark Friedenbach via bitcoin-dev
A power of 2 would be far more efficient here. The key question is how long of a relative block time do you need? Figure out what the maximum should be ( I don't know what that would be, any ideas?) and then see how many bits you have left over. On Aug 23, 2015 7:23 PM, "Jorge Timón" < bitcoin-dev@

Re: [bitcoin-dev] Dynamically Controlled Bitcoin Block Size Max Cap

2015-08-23 Thread Jorge Timón via bitcoin-dev
On Mon, Aug 24, 2015 at 1:41 AM, Tom Harding via bitcoin-dev wrote: > On 8/21/2015 5:01 PM, Peter Todd wrote: >> >>> I checked the scenario where only the radio is on, and found the car >>> does not crash. >> Incidentally, what's your acceptable revenue difference between a small >> (1% hashing po

Re: [bitcoin-dev] [BIP-draft] CHECKSEQUENCEVERIFY - An opcode for relative locktime

2015-08-23 Thread Jorge Timón via bitcoin-dev
On Mon, Aug 24, 2015 at 3:01 AM, Gregory Maxwell via bitcoin-dev wrote: > Seperately, to Mark and Btcdrank: Adding an extra wrinkel to the > discussion has any thought been given to represent one block with more > than one increment? This would leave additional space for future > signaling, or al

Re: [bitcoin-dev] [BIP-draft] CHECKSEQUENCEVERIFY - An opcode for relative locktime

2015-08-23 Thread Gregory Maxwell via bitcoin-dev
On Mon, Aug 24, 2015 at 12:25 AM, Tom Harding via bitcoin-dev wrote: > ack no inversion. This can actually allow more direct preservation of > existing semantics. > > http://lists.linuxfoundation.org/pipermail/bitcoin-dev/2015-July/009350.html I can't follow this logic. Can you help? The existin

Re: [bitcoin-dev] [BIP-draft] CHECKSEQUENCEVERIFY - An opcode for relative locktime

2015-08-23 Thread Tom Harding via bitcoin-dev
ack no inversion. This can actually allow more direct preservation of existing semantics. http://lists.linuxfoundation.org/pipermail/bitcoin-dev/2015-July/009350.html On 8/19/2015 9:21 AM, Mark Friedenbach via bitcoin-dev wrote: > I am indifferent on this issue (the bit inversion), but so far on

Re: [bitcoin-dev] Dynamically Controlled Bitcoin Block Size Max Cap

2015-08-23 Thread Tom Harding via bitcoin-dev
On 8/21/2015 5:01 PM, Peter Todd wrote: > >> I checked the scenario where only the radio is on, and found the car >> does not crash. > Incidentally, what's your acceptable revenue difference between a small > (1% hashing power) and large (%30 hashing power) miner, all else being > equal? (remember

Re: [bitcoin-dev] Encouraging mining of the first few big blocks with OP_CSV and BIP68

2015-08-23 Thread Hector Chu via bitcoin-dev
That guy is going to easily make back his 150 BTC with interest, if he is short BTC. Should be a clear signal for the market to trend lower, probably below $180 by the time of the test. On 23 August 2015 at 19:08, jl2012 via bitcoin-dev wrote: > Someone is going to burn 150BTC to create a backlog

Re: [bitcoin-dev] RE : Visualizations of Votes

2015-08-23 Thread Chris Wardell via bitcoin-dev
While I like the idea of voting on the block size debate... Why is this vote limited to miners only? I would prefer to see a vote by owners/holders of bitcoin, not miners of bitcoin. If miners with 10%+ hashrate are the only ones who get to vote... bitcoin development is an oligarchy My 2cents

[bitcoin-dev] Encouraging mining of the first few big blocks with OP_CSV and BIP68

2015-08-23 Thread jl2012 via bitcoin-dev
Someone is going to burn 150BTC to create a backlog of 30-day in September. https://www.reddit.com/r/Bitcoin/comments/3hgke4/coinwallet_says_bitcoin_stress_test_in_september/ However, the money could be spent more wisely by encouraging mining of the first few big blocks Assumptions: 1. OP_CSV

Re: [bitcoin-dev] BIP 10X: Replace Transaction Fees with Data, Discussion Draft 0.2.9

2015-08-23 Thread Adam Back via bitcoin-dev
Some comments: "(i) remove any possibility of free transactions unless associated with basic transaction data;" I believe it is not possible to prevent free transactions for the reason that people can pay out of band (via existing banking transfers to miners) or make payments to addresses belong

Re: [bitcoin-dev] Block size possible solution - to set minimum size

2015-08-23 Thread Bdimych Bdimych via bitcoin-dev
I apologize, I'm not familiar with technical details, may be stupid, only general thoughts: -overlapped block sizes - two blockchains, uncertainty, unpredictable results, trust gets down -non-overlapped - single blockchain, determined growing, everybody knows the schedule what and when will happen