{"type":"rich","version":"1.0","author_name":"npub1m230cem2yh3mtdzkg32qhj73uytgkyg5ylxsu083n3tpjnajxx4qqa2np2","author_url":"https://nostr.ae/npub1m230cem2yh3mtdzkg32qhj73uytgkyg5ylxsu083n3tpjnajxx4qqa2np2","provider_name":"njump","provider_url":"https://nostr.ae","html":"📅 Original date posted:2015-06-12\n📝 Original message:On Fri, Jun 12, 2015 at 02:22:36PM -0400, Matt Whitlock wrote:\n\u003e Why should miners only be able to vote for \"double the limit\" or \"halve\" the limit? If you're going to use bits, I think you need to use two bits:\n\u003e \n\u003e \t0 0 = no preference (\"wildcard\" vote)\n\u003e \t0 1 = vote for the limit to remain the same\n\u003e \t1 0 = vote for the limit to be halved\n\u003e \t1 1 = vote for the limit to be doubled\n\u003e \n\u003e User transactions would follow the same usage. In particular, a user vote of \"0 0\" (no preference) could be included in a block casting any vote, but a block voting \"0 0\" (no preference) could only contain transactions voting \"0 0\" as well.\n\nSounds like a good encoding to me. Taking the median of the three\noptions, and throwing away \"don't care\" votes entirely, makes sense.\n\n\u003e Incidentally, I love this idea, as it addresses a concern I immediately had with Jeff's proposal, which is that it hands control exclusively to the miners. And your proposal here fixes that shortcoming in a economically powerful way: miners lose out on fees if they don't represent the wishes of the users.\n\nThanks! I personally expect disaster to ensue with this kind of\nproposal, but I'm less concerned if the disaster is something users\nexplicitly allowed to happen in a consensual way.\n\n-- \n'peter'[:-1]@petertodd.org\n0000000000000000127ab1d576dc851f374424f1269c4700ccaba2c42d97e778\n-------------- next part --------------\nA non-text attachment was scrubbed...\nName: signature.asc\nType: application/pgp-signature\nSize: 650 bytes\nDesc: Digital signature\nURL: \u003chttp://lists.linuxfoundation.org/pipermail/bitcoin-dev/attachments/20150612/935b2101/attachment.sig\u003e"}