ð
Original date posted:2015-05-07
ð Original message:-----BEGIN PGP SIGNED MESSAGE-----
Hash: SHA1
On 05/07/2015 03:35 PM, Jeff Garzik wrote:
> Raising the block size limit then becomes a *human decision* to
> favor some users over others, a *human decision* to prevent an
> active and competitive free fee market developing at 1MB, a *human
> decision* to keep transaction fees low to incentivize bitcoin
> adoption, a *human decision* to value adoption over
> decentralization.
At the moment none of the following assertions have been proven true,
yet are constantly cited as if they have been:
* A competitive fee market will develop when the transaction rate
becomes constrained by the block size limit
* More users of Bitcoin means less decentralization
Furthermore, the term "decentralization" is frequently used without
being precisely defined in a way that would allow for such proofs to
be debated.
If there's going to be a debate on those points, then the people
presenting points on both sides should take the time to show their
work and explain the methodology they used to reach their conclusions.
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Justus Ranvier [ARCHIVE] /
npub1k2âŠ9qd6m
2023-06-07 17:33:12
in reply to nevent1qâŠwgf6
Author Public Key
npub1k2eekmevs6gg60df75qpjw4a2atmy89vx28c8zqq5jxy64tuzrws39qd6mPublished at
2023-06-07 17:33:12Event JSON
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Original date posted:2015-05-07\nð Original message:-----BEGIN PGP SIGNED MESSAGE-----\nHash: SHA1\n\nOn 05/07/2015 03:35 PM, Jeff Garzik wrote:\n\u003e Raising the block size limit then becomes a *human decision* to\n\u003e favor some users over others, a *human decision* to prevent an\n\u003e active and competitive free fee market developing at 1MB, a *human\n\u003e decision* to keep transaction fees low to incentivize bitcoin\n\u003e adoption, a *human decision* to value adoption over\n\u003e decentralization.\n\nAt the moment none of the following assertions have been proven true,\nyet are constantly cited as if they have been:\n\n* A competitive fee market will develop when the transaction rate\nbecomes constrained by the block size limit\n* More users of Bitcoin means less decentralization\n\nFurthermore, the term \"decentralization\" is frequently used without\nbeing precisely defined in a way that would allow for such proofs to\nbe debated.\n\nIf there's going to be a debate on those points, then the people\npresenting points on both sides should take the time to show their\nwork and explain the methodology they used to reach their conclusions.\n\n-----BEGIN PGP SIGNATURE-----\nVersion: GnuPG v2\n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\nLRBrgV7giz8UIrJr3hQZ\n=+Qmg\n-----END PGP SIGNATURE-----\n-------------- next part --------------\nA non-text attachment was scrubbed...\nName: 0xEAD9E623.asc\nType: application/pgp-keys\nSize: 18399 bytes\nDesc: not available\nURL: \u003chttp://lists.linuxfoundation.org/pipermail/bitcoin-dev/attachments/20150507/94cff866/attachment.bin\u003e",
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