[bitcoin-dev] Adjusted difficulty depending on relative blocksize

2015-08-14 Thread Jakob Rönnbäck via bitcoin-dev
Greetings, a thought occurred to me that I would love to hear what some bitcoin experts think about. What if one were to adjust the difficulty (for individual blocks) depending on the relative size to the average block size of the previous difficulty period? (I apologize if i’m not using the

Re: [bitcoin-dev] Adjusted difficulty depending on relative blocksize

2015-08-14 Thread Angel Leon via bitcoin-dev
Like this? https://gist.github.com/gubatron/143e431ee01158f27db4 http://twitter.com/gubatron On Fri, Aug 14, 2015 at 5:59 AM, Jakob Rönnbäck bitcoin-dev@lists.linuxfoundation.org wrote: Greetings, a thought occurred to me that I would love to hear what some bitcoin experts think about.

Re: [bitcoin-dev] Adjusted difficulty depending on relative blocksize

2015-08-14 Thread Jakob Rönnbäck via bitcoin-dev
Hmm… well, yes and no. Mostly no :) The main idea i was trying to describe was that the actual difficulty for the block could be adjusted according to how much the size of the proposed block differ compared to the average size of blocks in the previous difficulty period. Unless I’m being very

Re: [bitcoin-dev] Adjusted difficulty depending on relative blocksize

2015-08-14 Thread Anthony Towns via bitcoin-dev
On 14 August 2015 at 16:48, Jakob Rönnbäck bitcoin-dev@lists.linuxfoundation.org wrote: 14 aug 2015 kl. 16:20 skrev Anthony Towns a...@erisian.com.au: On 14 August 2015 at 11:59, Jakob Rönnbäck bitcoin-dev@lists.linuxfoundation.org wrote: What if one were to adjust the difficulty (for

Re: [bitcoin-dev] Adjusted difficulty depending on relative blocksize

2015-08-14 Thread Jakob Rönnbäck via bitcoin-dev
Ah, there we go. I should have dug deeper into the mailing list Thanks /jakob 14 aug 2015 kl. 17:03 skrev Adam Back a...@cypherspace.org: There is a proposal that relates to this, see the flexcap proposal by Greg Maxwell Mark Friedenbach, it was discussed on the list back in May:

Re: [bitcoin-dev] [BIP-draft] CHECKSEQUENCEVERIFY - An opcode for relative locktime

2015-08-14 Thread Matt Corallo via bitcoin-dev
On 08/14/15 00:47, Mark Friedenbach via bitcoin-dev wrote: On Thu, Aug 13, 2015 at 4:42 PM, Joseph Poon via bitcoin-dev bitcoin-dev@lists.linuxfoundation.org mailto:bitcoin-dev@lists.linuxfoundation.org wrote: I haven't tested the details of this, but is there another bit available

Re: [bitcoin-dev] A summary list of all concerns related to not rising the block size

2015-08-14 Thread Jorge Timón via bitcoin-dev
On Sat, Aug 15, 2015 at 12:35 AM, Jorge Timón jti...@jtimon.cc wrote: On Wed, Aug 12, 2015 at 1:21 PM, Venzen Khaosan ven...@mail.bihthai.net wrote: 4) General, undefined fear that something bad is going to happen when nodes choke up on a backlog of transactions. - - no specific symptoms are

Re: [bitcoin-dev] Fees and the block-finding process

2015-08-14 Thread Elliot Olds via bitcoin-dev
On Tue, Aug 11, 2015 at 9:47 PM, Venzen Khaosan ven...@mail.bihthai.net wrote: On 08/12/2015 10:35 AM, Elliot Olds via bitcoin-dev wrote: It depends on which use case's reliability that you focus on. For any specific use case of Bitcoin, that use case will be more reliable with a larger

Re: [bitcoin-dev] A summary list of all concerns related to not rising the block size

2015-08-14 Thread Jorge Timón via bitcoin-dev
On Fri, Aug 14, 2015 at 12:01 AM, Geir Harald Hansen via bitcoin-dev bitcoin-dev@lists.linuxfoundation.org wrote: So in summary: - Bitcoin dies. The end. I believe this is included in btc exchange rate may fall. ___ bitcoin-dev mailing list

Re: [bitcoin-dev] A summary list of all concerns related to not rising the block size

2015-08-14 Thread Jorge Timón via bitcoin-dev
On Wed, Aug 12, 2015 at 9:52 PM, Elliot Olds elliot.o...@gmail.com wrote: On Wed, Aug 12, 2015 at 2:59 AM, Jorge Timón bitcoin-dev@lists.linuxfoundation.org wrote: I believe all concerns I've read can be classified in the following groups: 1) Potential indirect consequence of rising fees.

Re: [bitcoin-dev] Adjusted difficulty depending on relative blocksize

2015-08-14 Thread Tom Harding via bitcoin-dev
Nobody mentioned exchange rates. Those matter to miners too. Does it make sense for George Soros and every other rich person / institution to have the power to move difficulty, even pin it to min or max, just by buying or selling piles of BTC to swing the exchange rate? On 8/14/2015 8:03 AM,

Re: [bitcoin-dev] A summary list of all concerns related to not rising the block size

2015-08-14 Thread Jorge Timón via bitcoin-dev
To be clear, these two are just my personal lists of arguments on each side to clear my mind and try to be perfectly objective. The resulting lists may not have any practical value but I'm going to maintain them locally nonetheless. If that's is not useful for the participants they can just leave

[bitcoin-dev] TestNet block starved?

2015-08-14 Thread Danny Thorpe via bitcoin-dev
Any idea what's going on with TestNet? No blocks for nearly 2 hours now, according to multiple block explorers (blockr.io, my own bitcoin node, etc). Prior to the last block (530516), there were a lot of blocks with zero transactions and only an occasional block with a ton of txs. Any info?