<oembed><type>rich</type><version>1.0</version><author_name>npub1ad7209g90jnu400x74quws0xv8gpxs2fxnjexnpwqnrxwa39exdq5gl2p6</author_name><author_url>https://nostr.ae/npub1ad7209g90jnu400x74quws0xv8gpxs2fxnjexnpwqnrxwa39exdq5gl2p6</author_url><provider_name>njump</provider_name><provider_url>https://nostr.ae</provider_url><html>📅 Original date posted:2015-05-06&#xA;📝 Original message:I don&#39;t have strong opinion @ block size topic.&#xA;&#xA;But if there&#39;ll be a fork, PLEASE, include SIGHASH_WITHINPUTVALUE (&#xA;https://bitcointalk.org/index.php?topic=181734.0) or its alternative. All&#xA;developers of lightweight (blockchain-less) clients will adore you!&#xA;&#xA;slush&#xA;&#xA;On Thu, May 7, 2015 at 12:12 AM, Matt Corallo &lt;bitcoin-list at bluematt.me&gt;&#xA;wrote:&#xA;&#xA;&gt; Recently there has been a flurry of posts by Gavin at&#xA;&gt; http://gavinandresen.svbtle.com/ which advocate strongly for increasing&#xA;&gt; the maximum block size. However, there hasnt been any discussion on this&#xA;&gt; mailing list in several years as far as I can tell.&#xA;&gt;&#xA;&gt; Block size is a question to which there is no answer, but which&#xA;&gt; certainly has a LOT of technical tradeoffs to consider. I know a lot of&#xA;&gt; people here have varying levels of strong or very strong opinions about&#xA;&gt; this, and the fact that it is not being discussed in a technical&#xA;&gt; community publicly anywhere is rather disappointing.&#xA;&gt;&#xA;&gt; So, at the risk of starting a flamewar, I&#39;ll provide a little bait to&#xA;&gt; get some responses and hope the discussion opens up into an honest&#xA;&gt; comparison of the tradeoffs here. Certainly a consensus in this kind of&#xA;&gt; technical community should be a basic requirement for any serious&#xA;&gt; commitment to blocksize increase.&#xA;&gt;&#xA;&gt; Personally, I&#39;m rather strongly against any commitment to a block size&#xA;&gt; increase in the near future. Long-term incentive compatibility requires&#xA;&gt; that there be some fee pressure, and that blocks be relatively&#xA;&gt; consistently full or very nearly full. What we see today are&#xA;&gt; transactions enjoying next-block confirmations with nearly zero pressure&#xA;&gt; to include any fee at all (though many do because it makes wallet code&#xA;&gt; simpler).&#xA;&gt;&#xA;&gt; This allows the well-funded Bitcoin ecosystem to continue building&#xA;&gt; systems which rely on transactions moving quickly into blocks while&#xA;&gt; pretending these systems scale. Thus, instead of working on technologies&#xA;&gt; which bring Bitcoin&#39;s trustlessness to systems which scale beyond a&#xA;&gt; blockchain&#39;s necessarily slow and (compared to updating numbers in a&#xA;&gt; database) expensive settlement, the ecosystem as a whole continues to&#xA;&gt; focus on building centralized platforms and advocate for changes to&#xA;&gt; Bitcoin which allow them to maintain the status quo[1].&#xA;&gt;&#xA;&gt; Matt&#xA;&gt;&#xA;&gt; [1] https://twitter.com/coinbase/status/595741967759335426&#xA;&gt;&#xA;&gt;&#xA;&gt; ------------------------------------------------------------------------------&#xA;&gt; One dashboard for servers and applications across Physical-Virtual-Cloud&#xA;&gt; Widest out-of-the-box monitoring support with 50+ applications&#xA;&gt; Performance metrics, stats and reports that give you Actionable Insights&#xA;&gt; Deep dive visibility with transaction tracing using APM Insight.&#xA;&gt; http://ad.doubleclick.net/ddm/clk/290420510;117567292;y&#xA;&gt; _______________________________________________&#xA;&gt; Bitcoin-development mailing list&#xA;&gt; Bitcoin-development at lists.sourceforge.net&#xA;&gt; https://lists.sourceforge.net/lists/listinfo/bitcoin-development&#xA;&gt;&#xA;-------------- next part --------------&#xA;An HTML attachment was scrubbed...&#xA;URL: &lt;http://lists.linuxfoundation.org/pipermail/bitcoin-dev/attachments/20150507/6bdab3de/attachment.html&gt;</html></oembed>