The fact that the distribution both with and without needs basis seems to fall along roughly the same lines in terms of block size distribution seems to me to say that elimination of needs basis testing has not shown to have any meaningful effect, in fact.

Owen


Hi Owen,

This also means no evidence of speculation, unless for some reason you think speculators wish to engage in many small transactions for some reason. Clearly there were no speculators waiting with bated breath for the elimination of needs-testing so they could begin buying addresses, and also there is no evidence of overbuying by recipients who were otherwise limited by the amount they could justify.

I have seen fears that both of these activities would be the result of eliminating the needs-test, and we can say from this early data that such activity has not manifested to a large and obvious extent, at least.

In other words, there are limits to speculation baked-in, including fragmented supply, public recording of transactions, and looming IPv6. And the limits to overbuying or hoarding are provided by the co$t of the addresses and the realization that there is likely to be a vibrant and more open future market in IPv4 addresses for any future address needs.

Regards,
Mike





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