On Wed, Dec 16, 2015 at 4:24 PM, Jorge Timón <jti...@jtimon.cc> wrote:
> Assuming we adopt bip102, eventually you will be able to say exactly the > same about 2 MB. When does this "let's not change the economics" finishes > (if ever)? > The question is answered in the original email. In the short term, the risk of a Fee Event and lack of solid post-Fee-Event economic plan implies "short term bump" reduces those risks. It is also true - as noted in [1], a bump does create the danger of long term moral hazard. This is why a bump should be accompanied with at least a weak public commitment to flexcap or a similar long term proposal, as the original email recommended. Communicate clearly the conditions for future change, then iterate as needs and feedback indicate. [1] http://gtf.org/garzik/bitcoin/BIP100-blocksizechangeproposal.pdf
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