[Bitcoin-development] Proposed alternatives to the 20MB step function

Mark Friedenbach mark at friedenbach.org
Fri May 8 22:45:19 UTC 2015

On Fri, May 8, 2015 at 3:43 PM, Aaron Voisine <voisine at gmail.com> wrote:

> This is a clever way to tie block size to fees.
> I would just like to point out though that it still fundamentally is using
> hard block size limits to enforce scarcity. Transactions with below market
> fees will hang in limbo for days and fail, instead of failing immediately
> by not propagating, or seeing degraded, long confirmation times followed by
> eventual success.

There are already solutions to this which are waiting to be deployed as
default policy to bitcoind, and need to be implemented in other clients:
replace-by-fee and child-pays-for-parent.
-------------- next part --------------
An HTML attachment was scrubbed...
URL: <http://lists.linuxfoundation.org/pipermail/bitcoin-dev/attachments/20150508/a030d88b/attachment.html>

More information about the bitcoin-dev mailing list