[bitcoin-dev] Block size: It's economics & user preparation & moral hazard

Pieter Wuille pieter.wuille at gmail.com
Wed Dec 16 21:11:52 UTC 2015

On Wed, Dec 16, 2015 at 10:08 PM, Jeff Garzik <jgarzik at gmail.com> wrote:
>> You present this as if the Bitcoin Core development team is in charge
>> of deciding the network consensus rules, and is responsible for making
>> changes to it in order to satisfy economic demand. If that is the
>> case, Bitcoin has failed, in my opinion.
> This circles back to Problem #1:   Avoidance of a choice is a still a choice
> - failing to ACK a MAX_BLOCK_SIZE increase still creates very real Economic
> Change Event risk.

We are not avoiding a choice. We don't have the authority to make a choice.

> And #3:  If the likely predicted course is that Bitcoin Core will not accept
> a protocol change changing MAX_BLOCK_SIZE via hard fork in the short term,
> the core dev team should communicate that position clearly to users and
> media.

I indeed think we can communicate much better that deciding consensus
rules is not within our power.


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