Post
Topic
Board Bitcoin Discussion
Re: Why Peter Rs Fee Market Wont Work
by
Peter R
on 24/01/2016, 18:23:42 UTC
To me, it seems anything but negligible, and seems like common sense.  
The bigger block, the longer the time is required to process
it, and the greater the the risk of orphaning.
What am I missing here?

All the of expensive operations can be done before a block is found, then they do not add any proportional time.

Correct. 

Miners could agree to only solve blocks that the other miners are already expecting.  This would mean that exactly zero information about the block contents would need to be transmitted at the time of block-solution announcement.  This would eliminate any block-size dependent propagation risk.