📅 Original date posted:2015-08-17
📝 Original message:On Mon, Aug 17, 2015 at 12:57 PM, Rodney Morris via bitcoin-dev <
bitcoin-dev at lists.linuxfoundation.org> wrote:
> I haven't run any statistics or simulations, but I'm concerned that the
> interplay between the random distribution of transaction arrival and the
> random distribution of block times may lead to false signals.
>
You could just take the average of all the block sizes for the last 2016
window.
If average of last 2016 > 50% of the limit, then increase by 6.25%
Otherwise, decrease by 6.25%
This means that the average would be around 50% of the limit. This gives
margin to create larger blocks when blocks are happening slowly.
A majority of miners could force the limit upwards by creating spam but
full blocks.
It could be coupled with a hard limit that grows at whatever is seen as the
maximum reasonable. This would be both a maximum and a minimum.
All of these schemes add state to the system. If the schedule is
predictable, then you can check determine the maximum block size purely
from the header and coinbase.
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Tier Nolan [ARCHIVE] /
npub1g6…sl5wd
2023-06-07 17:36:20
in reply to nevent1q…w5ey
Author Public Key
npub1g6vxlp4e0nyhs2dqxxcryztyf5f5hyuaq93nw4r87zcnv0sdsa0qqsl5wdPublished at
2023-06-07 17:36:20Event JSON
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"content": "📅 Original date posted:2015-08-17\n📝 Original message:On Mon, Aug 17, 2015 at 12:57 PM, Rodney Morris via bitcoin-dev \u003c\nbitcoin-dev at lists.linuxfoundation.org\u003e wrote:\n\n\u003e I haven't run any statistics or simulations, but I'm concerned that the\n\u003e interplay between the random distribution of transaction arrival and the\n\u003e random distribution of block times may lead to false signals.\n\u003e\n\nYou could just take the average of all the block sizes for the last 2016\nwindow.\n\nIf average of last 2016 \u003e 50% of the limit, then increase by 6.25%\nOtherwise, decrease by 6.25%\n\nThis means that the average would be around 50% of the limit. This gives\nmargin to create larger blocks when blocks are happening slowly.\n\nA majority of miners could force the limit upwards by creating spam but\nfull blocks.\n\nIt could be coupled with a hard limit that grows at whatever is seen as the\nmaximum reasonable. This would be both a maximum and a minimum.\n\nAll of these schemes add state to the system. If the schedule is\npredictable, then you can check determine the maximum block size purely\nfrom the header and coinbase.\n-------------- next part --------------\nAn HTML attachment was scrubbed...\nURL: \u003chttp://lists.linuxfoundation.org/pipermail/bitcoin-dev/attachments/20150817/a048bb7b/attachment.html\u003e",
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