rich1.0npub130jddflllc905dlmj0pks9j6fdtld9eu0pql9gm86dxts7whrvxq5hyp4thttps://nostr.ae/npub130jddflllc905dlmj0pks9j6fdtld9eu0pql9gm86dxts7whrvxq5hyp4tnjumphttps://nostr.ae📅 Original date posted:2015-05-10 📝 Original message:On 05/08/2015 11:36 PM, Gregory Maxwell wrote: > Another related point which has been tendered before but seems to have > been ignored is that changing how the size limit is computed can help > better align incentives and thus reduce risk. E.g. a major cost to the > network is the UTXO impact of transactions, but since the limit is blind > to UTXO impact a miner would gain less income if substantially factoring > UTXO impact into its fee calculations; and without fee impact users have > little reason to optimize their UTXO behavior. Along the lines of aligning incentives with a diversity of costs to a variety of network participants, I am curious about reactions to Justus' general approach: http://bitcoinism.liberty.me/2015/02/09/economic-fallacies-and-the-block-size-limit-part-2-price-discovery/ I realize it relies on pie-in-the-sky ideas like micropayment channels, but I wonder if it's a worthy long-term ideal direction for this stuff.