Re: [Bitcoin-development] Long-term mining incentives

2015-05-16 Thread Owen Gunden
On 05/13/2015 09:31 PM, Aaron Voisine wrote: by people and businesses deciding to not use on-chain settlement. I completely agree. Increasing fees will cause people voluntary economize on blockspace by finding alternatives, i.e. not bitcoin. This strikes me as a leap. There are alternatives

Re: [Bitcoin-development] Proposed alternatives to the 20MB step function

2015-05-10 Thread Owen Gunden
On 05/08/2015 11:36 PM, Gregory Maxwell wrote: Another related point which has been tendered before but seems to have been ignored is that changing how the size limit is computed can help better align incentives and thus reduce risk. E.g. a major cost to the network is the UTXO impact of