Post
Topic
Board Development & Technical Discussion
Re: bitcoin "unlimited" seeks review
by
LovelyDay
on 02/01/2016, 23:15:55 UTC
If it is supposed to be a "vote" then I agree with the other comments here that it is trivially sybil attackable and pointless. If it is supposed to be an anti-spam protection that avoids having your node flooded by huge blocks that the longest chain does not accept, that is not necessarily pointless. In the latter case, the miners will have to come to their own conclusions as to the "best" block size to produce, almost entirely independently of this propertied "vote" (using market research, experimentation, etc.). I agree with you that a "vote" of nodes is information, but it is almost worthless information so it should be almost entirely ignored.

I take your point on the minimal value of this information - at the outset at least.

I think the conveyance of this information ("vote") is pretty much an add-on to the BU idea, and time has to show whether it has any meaningful value.