[Bitcoin-development] Proposal: Vote on the blocksize limit with proof-of-stake voting

2013-06-09 Thread John Dillon
-BEGIN PGP SIGNED MESSAGE- Hash: SHA256 It has been suggested that we leave the decision of what the blocksize to be entirely up to miners. However this leaves a parameter that affects every Bitcoin participant in the control of a small minority. Of course we can not force miners to

Re: [Bitcoin-development] Proposal: Vote on the blocksize limit with proof-of-stake voting

2013-06-09 Thread John Dillon
-BEGIN PGP SIGNED MESSAGE- Hash: SHA256 On Mon, Jun 10, 2013 at 4:44 AM, Edmund Broadley rebr...@gmail.com wrote: I really like this idea. I also like that users with no clue will leave their vote to the default chosen by the software developers, which hopefully will be 1MB. I like how

Re: [Bitcoin-development] Proposal: Vote on the blocksize limit with proof-of-stake voting

2013-06-09 Thread Peter Todd
On Mon, Jun 10, 2013 at 04:09:26AM +, John Dillon wrote: My general comments on the idea are that while it's hard to say if a vote by proof-of-stake is really representative, it's likely the closest thing we'll ever get to a fair vote. Proof-of-stake is certainely better than just letting