> On Jul 23, 2015, at 4:42 PM, Benedict Chan <ben...@fragnetics.com> wrote:
> 
> Scaling the network will come in the form of a combination of many
> optimizations. Just because we do not know for sure how to eventually
> serve 7 billion people does not mean we should make decisions on
> global validation that impact our ability to serve the current set of
> users.

Agreed. But I believe the economic and security arguments I gave regarding fees 
and incentives still hold and are largely separate from the scalability issue. 
Please correct me if I overlooked something.


> Also, blocking a change because it's "more important to address issues
> such as..." other improvements will further slow down the discussion.
> I believe an increase will not prevent the development of other
> improvements that we need - in contrast, the sooner we can get over
> the limit (which, as you agree, needs to be changed at some point),
> the sooner we can get back to work.

An increase in block size at this time will exacerbate security concerns around 
nodes relying on other nodes to validate (particularly miners and wallets). 
It’s not really a matter of having limited developer resources that need to be 
budgeted, as you seem to suggest.

Regarding developments on properly handling fees, there must exist the economic 
need for it before there’s an earnest effort to solve it. Increasing the block 
size right now will, in all likelihood, delay this effort. I’d much prefer to 
first let the fee market evolve because it’s a crucial component to the 
protocol’s design and its security model…and so we can get a better sense for 
fee economics. Then we might be able to figure out better approaches to block 
size changes in the future that makes sense economically…perhaps with 
mechanisms that can dynamically adjust it to reflect resource availability and 
network load.

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