[bitcoin-dev] BIP - 'Block75' - New algorithm
hampus.sjoberg at gmail.com
Mon Feb 13 11:21:44 UTC 2017
> It gives miners complete control over the limit. They can make blocks of
any size (within the current limit), thus triggering the conditions by
which your proposal would raise the limit further.
There might be a long term incentive to keep increasing the blocksize, to
further centralize the network (and kick smaller miners out), but it comes
with the cost of losing out on transaction fees.
Miners have always needed to plan for the short term, I see no rational
scenario where miners would spam their blocks with their own transactions
(or low fee transactions) to keep increasing the blocksize limit.
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