[bitcoin-dev] Fees and the block-finding process

Elliot Olds elliot.olds at gmail.com
Fri Aug 14 21:47:02 UTC 2015

On Tue, Aug 11, 2015 at 9:47 PM, Venzen Khaosan <venzen at mail.bihthai.net>
> On 08/12/2015 10:35 AM, Elliot Olds via bitcoin-dev wrote:
> > It depends on which use case's reliability that you focus on. For
> > any specific use case of Bitcoin, that use case will be more
> > reliable with a larger block size (ignoring centralization
> > effects).
> I read through your message and see the point you're trying to make,
> but would like to point out that it is not useful to talk about
> hypothetical scenarios involving Bitcoin that include the supposition
> "ignoring centralization effects".

Pieter was arguing for the existence of an effect on reliability that was
orthogonal to centralization risk. When arguing that this effect doesn't
really exist, it's appropriate to hold centralization risk constant.
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