Re: [Bitcoin-development] User vote in blocksize through fees

2015-06-12 Thread Vincent Truong
(Sorry for spam, forgot to cc the mailing list) RE: miner economics Miners who have an agenda can forego fees to achieve it and create their own txns if it is completely txn/user driven. It is better to just count miners votes and let the user votes be their backing. Although miners need to

Re: [Bitcoin-development] Max Block Size: Simple Voting Procedure

2015-06-02 Thread Vincent Truong
Some changes: Votes need to be 100%, not 50.01%. That way small miners have a fair chance. A 50.01% vote means large miners call the shots. Users (people who make transactions) need to vote. A vote by a miner shouldn't count without user votes. Fee incentives should attract legitimate votes from