[bitcoin-dev] Fees and the block-finding process
jtimon at jtimon.cc
Mon Aug 10 14:55:40 UTC 2015
On Aug 10, 2015 4:12 PM, "Gavin Andresen" <gavinandresen at gmail.com> wrote:
> On Fri, Aug 7, 2015 at 1:33 PM, Jorge Timón <jtimon at jtimon.cc> wrote:
>> On Aug 7, 2015 5:55 PM, "Gavin Andresen" <gavinandresen at gmail.com> wrote:
> Executive summary: when networks get over-saturated, they become
unreliable. Unreliable is bad.
> Unreliable and expensive is extra bad, and that's where we're headed
without an increase to the max block size.
I'm not trying to be obstinate but I seriously can't see how they are
When you say unreliable I think you mean "unreliable for cheap fee
transactions". Transactions with the highest fees will always confirm
reliably. For example, a 1 btc fee tx will probably always confirm very
reliably even if capacity never increases and demands increases a lot.
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