{"type":"rich","version":"1.0","author_name":"Tom Harding [ARCHIVE] (npub1ms…pmwjy)","author_url":"https://nostr.ae/npub1msef5qkfwz4t7qacwxz775wgdtlytph78g2g2z903x90874u263sypmwjy","provider_name":"njump","provider_url":"https://nostr.ae","html":"📅 Original date posted:2017-03-30\n📝 Original message:Raystonn,\n\nYour logic is very hard to dispute. An important special case is small\nminers.\n\nSmall miners use pools exactly because they want smaller, more frequent\npayments.\n\nRising fees force them to take payments less frequently, and will only tend\nto make more of them give up.\n\nWith fees rising superlinearly, this centralizing effect is much stronger\nthan the oft-cited worry of small miners joining large pools to decrease\norphan rates.\n\n\nOn Mar 29, 2017 15:01, \"Raystonn . via bitcoin-dev\" \u003c\nbitcoin-dev at lists.linuxfoundation.org\u003e wrote:\n\nLow node costs are a good goal for nodes that handle transactions the node\noperator can afford.  Nobody is going to run a node for a network they do\nnot use for their own transactions.  If transactions have fees that\nprohibit use for most economic activity, that means node count will drop\nuntil nodes are generally run by those who settle large amounts.  That is\nvery centralizing.\n\nRaystonn\n\nOn 29 Mar 2017 12:14 p.m., Jared Lee Richardson via bitcoin-dev \u003c\nbitcoin-dev at lists.linuxfoundation.org\u003e wrote:\n\nIn order for any blocksize increase to be agreed upon, more consensus is\nneeded.  The proportion of users believing no blocksize increases are\nneeded is larger than the hardfork target core wants(95% consensus).  The\nproportion of users believing in microtransactions for all is also larger\nthan 5%, and both of those groups may be larger than 10% respectively.  I\ndon't think either the Big-blocks faction nor the low-node-costs faction\nhave even a simple majority of support.  Getting consensus is going to be a\nbig mess, but it is critical that it is done.\n-------------- next part --------------\nAn HTML attachment was scrubbed...\nURL: \u003chttp://lists.linuxfoundation.org/pipermail/bitcoin-dev/attachments/20170330/2efe6ad0/attachment.html\u003e"}