ok show me a part of the network that is Centralized and the problem it's causing.
I never said that it was causing any problems right now. Stop diverting the argument.
If I'm a miner, why would I bother to make an 8 MB block if it had (e.g.) a 25% chance of being orphaned? I would only do so if it included enough fees to offset this risk. This is the essence of my fee market paper.
I estimate that, given the current network propagation impedance, a miner would only be wise to attempt to publish an 8 MB block if it contained 3 to 6 BTC of fees (due to his increased risk of orphaning).
-snip-
Yes, I'm aware of your talk. You were actually one of the few that I saw on livestream as I did not have enough time. Honestly I do not have time to asses your paper myself, nor am I that interested in it (papers about fees in general). I do have a question though. If there are no incentives for 8 MB blocks (since fees are lower than 3 to 6 BTC ) then why should we implement them at all? If there aren't going to be bigger blocks often (that would fit more transactions - one of the main arguments of big blockists and XT supporters; i.e. need for more room) then it is not worth the risk, or is it?I estimate that, given the current network propagation impedance, a miner would only be wise to attempt to publish an 8 MB block if it contained 3 to 6 BTC of fees (due to his increased risk of orphaning).
-snip-
People need to shift their focus towards making propagation times better rather than explaining potential situations relating to fees. If we had a better way of propagation right now, we would not be having this discussion.