<oembed><type>rich</type><version>1.0</version><author_name>npub1k2eekmevs6gg60df75qpjw4a2atmy89vx28c8zqq5jxy64tuzrws39qd6m</author_name><author_url>https://nostr.ae/npub1k2eekmevs6gg60df75qpjw4a2atmy89vx28c8zqq5jxy64tuzrws39qd6m</author_url><provider_name>njump</provider_name><provider_url>https://nostr.ae</provider_url><html>📅 Original date posted:2015-05-07&#xA;📝 Original message:-----BEGIN PGP SIGNED MESSAGE-----&#xA;Hash: SHA1&#xA;&#xA;On 05/07/2015 03:35 PM, Jeff Garzik wrote:&#xA;&gt; Raising the block size limit then becomes a *human decision* to&#xA;&gt; favor some users over others, a *human decision* to prevent an&#xA;&gt; active and competitive free fee market developing at 1MB, a *human&#xA;&gt; decision* to keep transaction fees low to incentivize bitcoin&#xA;&gt; adoption, a *human decision* to value adoption over&#xA;&gt; decentralization.&#xA;&#xA;At the moment none of the following assertions have been proven true,&#xA;yet are constantly cited as if they have been:&#xA;&#xA;* A competitive fee market will develop when the transaction rate&#xA;becomes constrained by the block size limit&#xA;* More users of Bitcoin means less decentralization&#xA;&#xA;Furthermore, the term &#34;decentralization&#34; is frequently used without&#xA;being precisely defined in a way that would allow for such proofs to&#xA;be debated.&#xA;&#xA;If there&#39;s going to be a debate on those points, then the people&#xA;presenting points on both sides should take the time to show their&#xA;work and explain the methodology they used to reach their conclusions.&#xA;&#xA;-----BEGIN PGP SIGNATURE-----&#xA;Version: GnuPG v2&#xA;&#xA;iQIcBAEBAgAGBQJVS5BXAAoJECpf2nDq2eYjC3kQAKQ0Jj8r1gjwpl813NiuatjA&#xA;nwXJ+Zn7E+cS8bYsXbaPK1uUgcSdpi/g2jgW+VuUPlqCaNo08Pbp/O7pG5ady9st&#xA;o7xJnPxttg7NO3IB7GODCJKK85uBO3dOwPp+pfs8KYCAo5PFTflpeOi4Idbd4w/R&#xA;+tvLynpSX9LIZTQaJH2KEbrYUibYHZrr8hj0net9lJP8KeqMnCuiesYzjJ4pUXyE&#xA;zN0SQ1v9QnpltbTVxRu1TdRBMjAxEHTJPg1jsv0hhGqIOQGHdwNavGq7+LJBen4T&#xA;CvT8ooTmuq0IdihOTttl9ody6Eh0tyGPlbVHiI3c2Emm0HTxz8hN9Rl4lvPgcGdi&#xA;EUW12h8ailKLg5uJL53Zp1PO6fgl0Z/WCx/zqIKRPg4lJMf5Rk5Ow86xAeIZrsbr&#xA;d/+cJZEhqzPnObxkxgTIzqtG8NHcg9dhKw1xkGAkVpMXMM7Bzdku8WCntIYU4+xI&#xA;btQQZlbc5h/S+X9Vcu0rJWmmQp2Q8xeEVGRh4hhA8LZLc1P+1eyESjAMWvsuq+rk&#xA;Wd1kPopekhOgK0zw2j55Ov+kJXVa2pDFA7TOpcqxbdLU4eauKC4D+YQlTM4qj285&#xA;vyRq+c/AwMCPiEhBeEbppgdgwrIQP9fJ7s+2TAHaWICYlTJWkLitUjN9EBwqv3Yp&#xA;LRBrgV7giz8UIrJr3hQZ&#xA;=+Qmg&#xA;-----END PGP SIGNATURE-----&#xA;-------------- next part --------------&#xA;A non-text attachment was scrubbed...&#xA;Name: 0xEAD9E623.asc&#xA;Type: application/pgp-keys&#xA;Size: 18399 bytes&#xA;Desc: not available&#xA;URL: &lt;http://lists.linuxfoundation.org/pipermail/bitcoin-dev/attachments/20150507/94cff866/attachment.bin&gt;</html></oembed>