Re: [bitcoin-dev] Bitcoin XT 0.11A

2015-08-15 Thread Michael Naber via bitcoin-dev
Bitcoin has no elections; it has no courts. If not through attempting a hard-fork, how should we properly resolve irreconcilable disagreements? On Sat, Aug 15, 2015 at 6:07 PM, Eric Lombrozo via bitcoin-dev bitcoin-dev@lists.linuxfoundation.org wrote: Please take the lightning 101 discussion

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

2015-08-11 Thread Michael Naber via bitcoin-dev
consensus on the criticality of the block size issue: do you agree, disagree, or not take a side, and why? On Tue, Aug 11, 2015 at 2:51 PM, Pieter Wuille pieter.wui...@gmail.com wrote: On Tue, Aug 11, 2015 at 9:37 PM, Michael Naber via bitcoin-dev bitcoin-dev@lists.linuxfoundation.org wrote

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

2015-08-11 Thread Michael Naber via bitcoin-dev
is trustlessness - being able to transact without relying on third parties. Adam On 11 August 2015 at 22:18, Michael Naber via bitcoin-dev bitcoin-dev@lists.linuxfoundation.org wrote: The only reason why Bitcoin has grown the way it has, and in fact the only reason why we're all even here

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

2015-08-11 Thread Michael Naber via bitcoin-dev
Re: In my opinion the main source of disagreement is that one: how the maximum block size limits centralization. I generally agree with that, but I would add that centralization is only a goal insofar as it serves things like reliability, transaction integrity, capacity, and accessibility. More

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

2015-08-11 Thread Michael Naber via bitcoin-dev
All things considered, if people want to participate in a global consensus network, and the technology exist to do it at a lower cost, then is it sensible or even possible to somehow arbitrarily set the price of participating in a global consensus network to be expensive? Can someone please walk

Re: [bitcoin-dev] Fwd: Block size following technological growth

2015-08-06 Thread Michael Naber via bitcoin-dev
How many nodes are necessary to ensure sufficient network reliability? Ten, a hundred, a thousand? At what point do we hit the point of diminishing returns, where adding extra nodes starts to have negligible impact on the overall reliability of the system? On Thu, Aug 6, 2015 at 10:26 AM,