Post
Topic
Board Bitcoin Discussion
Re: Permanently keeping the 1MB (anti-spam) restriction is a great idea ...
by
gotpetum
on 10/02/2015, 21:01:48 UTC

Has the average transaction fee revenue increased or decreased over the same period?

Is there anyone in favour of small blocks who has the slightest bit of intellectual integrity whatsoever?


Miners aren't currently mining for transaction fees, because of how insignificant they are, so it's not really a good question.

https://blockchain.info/charts/network-deficit

But is "average transaction fee revenue" increasing or decreasing? It's kind of hard to tell...

https://blockchain.info/charts/transaction-fees

I'm not really in favor of small blocks, because I don't like the idea of incentivizing non-stakeholders to maintain the blockchain. I just think that this is a problem better solved with PoS. Let a stakeholder make a 1 GB block, for all I care.

On the other hand, the thought of letting a rando non-stakeholder (e.g., the government) make 1 GB blocks of ~0 fee transactions (or spam) makes me uneasy.