Quote from: solex on March 13, 2013, 01:08:59 AM

Quote from: Mike Hearn on March 12, 2013, 10:08:26 AM

Also, I'm afraid it's very easy to say "just test for longer" but the reason we started generating larger blocks is that we ran out of time. We ran out of block space and transactions started stacking up and not confirming (ie, Bitcoin broke for a lot of its users). Rolling back to the smaller blocks simply puts us out of the frying pan and back into the fire.

We are only in this situation because ONE source application is flooding the network with low fee transactions. That source application is abusing the Bitcoin network as a messaging system because it helps their business model run just slightly more conveniently for them.

Quote from: dooglus on March 12, 2013, 08:59:20 PM

.....
1dicegEAr 56000 0.85449 | 62398 | 52977 (0.85686) | 8850 | 571 | 77209.45 | 76593.02 | 400.54 | 616.42 | 99.202
1diceDCd2 60000 0.91553 | 95911 | 87374 (0.91620) | 7992 | 545 | 70581.58 | 69778.98 | 0.50 | 802.59 | 98.863
1dice9wVt 64000 0.97656 | 16558 | 15147 (0.97956) | 316 | 1095 | 23993.71 | 23581.20 | 240.19 | 412.51 | 98.281
----------------------------------------------------------------------------------------------------------------------------------------------
   small (bets < 4 BTC) | 3522656 | 1452152 | 2054095 | 16409 | 766592.38 | 752057.27 | 261.23 | 14535.10 | 98.104
   big (bets >= 4 BTC) | 114417 | 52348 | 61777 | 292 | 2635378.11 | 2579381.45 | 23628.70 | 55996.66 | 97.875
----------------------------------------------------------------------------------------------------------------------------------------------
   | 3637073 | 1504500 | 2115872 | 16701 | 3401970.49 | 3331438.72 | 23889.93 | 70531.76 | 97.927
----------------------------------------------------------------------------------------------------------------------------------------------

SD Profit before fees: 70531.76560380 BTC (2.073%)
Cumulative Fees Paid: 2837.93797500 BTC
SD Profit after fees: 67693.82762880 BTC (1.990%)
Pending Liabilities: -74.93245984 BTC
Final SD Profit: 67768.76008864 BTC (1.992%)
----
Since Satoshi Dice started, there have been:
Blockchain Tx: 11423662 : SatoshiDice Tx: 6698542 (58.6%)
Blockchain MB: 4904.6 : SatoshiDice MB: 2753.4 (56.1%)[/font]

Some of this profit can be fairly spent RIGHT NOW on improvements to internalize transaction flow, or it should be blocked until it does. This is the real choice.

Um, is it just me or are they really SUPPORTING the network with the fees they are paying on transactions? In 16 - 20 years this is going to be our bread and butter tx fees will likely hit 25+ bitcoins per block within that time frame if my math is even close to correct. (not showing my math here, because it is filled with a lot of conjecture and guesstimation and I really don't feel like having it picked apart.) If we think competition for blocks is harsh now. Just wait until we are looking at 10-100k tx per block and fees that are 5x+ what the generated coins are, also consider that bitcoins will likely be in the $100-$1500 range by then (likely higher) as long as the network stays strong. The adoption is there now. We just need to keep stability in the network. We need to get this shit figured out with larger blocks, because eventually with fees being the major source of income, no one will want to LIMIT block size.