<div dir="ltr">Matt brought this up on Twitter, I have no idea why I didn't respond weeks ago (busy writing blog posts, probably):<br><div class="gmail_extra"><br><div class="gmail_quote">On Thu, May 7, 2015 at 6:02 PM, Matt Corallo <span dir="ltr"><<a href="mailto:bitcoin-list@bluematt.me" target="_blank">bitcoin-list@bluematt.me</a>></span> wrote:<br><blockquote class="gmail_quote" style="margin:0px 0px 0px 0.8ex;border-left-width:1px;border-left-color:rgb(204,204,204);border-left-style:solid;padding-left:1ex"><br>
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* Though there are many proposals floating around which could<br>
significantly decrease block propagation latency, none of them are<br>
implemented today.</blockquote><div><br></div><div>If block propagation isn't fixed, then mines have a strong incentive to create smaller blocks.</div><div><br></div><div>So the max block size is irrelevant, it won't get hit.</div><div> <br></div><blockquote class="gmail_quote" style="margin:0px 0px 0px 0.8ex;border-left-width:1px;border-left-color:rgb(204,204,204);border-left-style:solid;padding-left:1ex">In addition, I'd expect to<br>
see analysis of how these systems perform in the worst-case, not just<br>
packet-loss-wise, but in the face of miners attempting to break the system.<br></blockquote><div><br></div><div>See <a href="http://gavinandresen.ninja/are-bigger-blocks-better-for-bigger-miners">http://gavinandresen.ninja/are-bigger-blocks-better-for-bigger-miners</a> for analysis of "but that means bigger miners can get an advantage" argument.</div><div><br></div><div>Executive summary: if little miners are stupid and produce huge blocks, then yes, big miners have an advantage.</div><div><br></div><div>But they're not, so they won't.</div><div><br></div><div>Until the block reward goes away, and assuming transaction fees become an important source of revenue for miners.</div><div>I think it is too early to worry about that; see:</div><div><br></div><div> <a href="http://gavinandresen.ninja/when-the-block-reward-goes-away">http://gavinandresen.ninja/when-the-block-reward-goes-away</a></div><div> </div><blockquote class="gmail_quote" style="margin:0px 0px 0px 0.8ex;border-left-width:1px;border-left-color:rgb(204,204,204);border-left-style:solid;padding-left:1ex">
* I'd very much like to see someone working on better scaling<br>
technology, both in terms of development and in terms of getting<br>
traction in the marketplace. </blockquote><div><br></div><div>Ok. What does this have to do with the max block size?</div><div><br></div><div>Are you arguing that work won't happen if the max block size increases?</div><div><br></div><div> * I'd like to see some better conclusions to the discussion around</div><blockquote class="gmail_quote" style="margin:0px 0px 0px 0.8ex;border-left-width:1px;border-left-color:rgb(204,204,204);border-left-style:solid;padding-left:1ex">
long-term incentives within the system.</blockquote><div><br></div><div>Again, see <a href="http://gavinandresen.ninja/when-the-block-reward-goes-away">http://gavinandresen.ninja/when-the-block-reward-goes-away</a> for what I think about that.</div></div><div><br></div>-- <br><div class="gmail_signature">--<br>Gavin Andresen<br></div>
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