[Cryptography] Bitcoin blocksize limit can be removed

Ryan Carboni ryacko at gmail.com
Wed Nov 11 22:59:06 EST 2015


I already suggested an improvement, to avoid a tragedy of the commons, you
need the block size itself to cost the miner bitcoins, and for the mining
rate to be variable based on total hashing power. This way a true market
equilibrium would be achieved based on supply and demand.

This is what happens when cryptographers dabble in economics, not even
economists are able to do economics all that well.
-------------- next part --------------
An HTML attachment was scrubbed...
URL: <http://www.metzdowd.com/pipermail/cryptography/attachments/20151111/e0d44d64/attachment.html>


More information about the cryptography mailing list