On 8/5/2015 4:24 PM, Jorge Timón via bitcoin-dev wrote: > Miner A is able to process 100 M tx/block while miner B is only able > to process 10 M tx/block. >
B needs to sell ASICs and buy 90 M tx worth of CPU. Or, if you cap blocksize at 10 M tx, than A needs to sell the exact same amount of CPU and buy the exact same amount of ASICs. Either way, Miner A ends up with the ASIC cost equivalent of 90 M tx worth of CPU in additional hashing advantage over B. The centralization has nothing to do with block size. It has to do with Miner A having more money than Miner B. Alternatively, you might need to add a few more crazy assumptions. _______________________________________________ bitcoin-dev mailing list bitcoin-dev@lists.linuxfoundation.org https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev
