[bitcoin-dev] Block size following technological growth

Peter Todd pete at petertodd.org
Thu Aug 6 21:56:09 UTC 2015


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On 6 August 2015 10:21:54 GMT-04:00, Gavin Andresen via bitcoin-dev <bitcoin-dev at lists.linuxfoundation.org> wrote:
>On Thu, Aug 6, 2015 at 10:06 AM, Pieter Wuille
><pieter.wuille at gmail.com>
>wrote:
>
>> But you seem to consider that a bad thing. Maybe saying that you're
>> claiming that this equals Bitcoin failing is an exaggeration, but you
>do
>> believe that evolving towards an ecosystem where there is competition
>for
>> block space is a bad thing, right?
>>
>
>No, competition for block space is good.
>
>What is bad is artificially limiting or centrally controlling the
>supply of
>that space.

Incidentally, why is that competition good? What specific design goal is that competition achieving?

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