{"type":"rich","version":"1.0","author_name":"npub1kf0ppcjaguxekg24yx6smgxlu73qn0k8lm0t2wrqc0scpl7u3sgsmf3f58","author_url":"https://nostr.ae/npub1kf0ppcjaguxekg24yx6smgxlu73qn0k8lm0t2wrqc0scpl7u3sgsmf3f58","provider_name":"njump","provider_url":"https://nostr.ae","html":"📅 Original date posted:2015-06-18\n📝 Original message:On Thu, Jun 18, 2015 at 3:33 PM, Mark Friedenbach \u003cmark at friedenbach.org\u003e\nwrote:\n\n\u003e On Thu, Jun 18, 2015 at 2:58 PM, Jeff Garzik \u003cjgarzik at bitpay.com\u003e wrote:\n\u003e\n\u003e\u003e\n\u003e\u003e The whole point is getting out in front of the need, to prevent\n\u003e\u003e significant negative impact to users when blocks are consistently full.\n\u003e\u003e\n\u003e\u003e To do that, you need to (a) plan forward, in order to (b) set a hard fork\n\u003e\u003e date in the future.\n\u003e\u003e\n\u003e\n\u003e Or alternatively, fix the reasons why users would have negative\n\u003e experiences with full blocks, chiefly:\n\u003e\n\u003e   * Get safe forms of replace-by-fee and child-pays-for-parent finished\n\u003e and in 0.12.\n\u003e   * Develop cross-platform libraries for managing micropayment channels,\n\u003e and get wallet authors to adopt\n\u003e   * Use fidelity bonds, solvency proofs, and other tricks to minimize the\n\u003e risk of already deployed off-chain solutions as an interim measure until:\n\u003e   * Deploy soft-fork changes for truly scalable solutions like Lightning\n\u003e Network.\n\u003e\n\u003e Not raising the block size limit does not mean doing nothing to solve the\n\u003e problem.\n\u003e\n\nThis is a long, unreasonable list of work.  None of this exists and it\nequates to \"upgrade all wallets and websites everywhere\"  It requires all\nexchanges, payment processors, merchants, etc. to  - basically everybody\nbut miners - to update.\n\nIt is a far, far larger amount of work to write, test and deploy than\nsimply increasing the block size limit.\n\nThink through roll-out of these ambitious suggestions, before suggesting as\nan alternative!\n\nNot a realistic alternative except in an alternate universe where (a)\ndeveloper work at all companies is cost free, plus (b) we can pause the\nbusiness universe while we wait for The Perfect Solution.\n\n\n\n\n\n\n\n\n\n\n-- \nJeff Garzik\nBitcoin core developer and open source evangelist\nBitPay, Inc.      https://bitpay.com/\n-------------- next part --------------\nAn HTML attachment was scrubbed...\nURL: \u003chttp://lists.linuxfoundation.org/pipermail/bitcoin-dev/attachments/20150618/6a902283/attachment.html\u003e"}