Quote from: smooth on April 28, 2014, 06:21:00 AM

Quote from: digicoin on April 28, 2014, 06:18:18 AM

Quote from: tacotime on April 27, 2014, 02:50:52 AM

Then, we can hardfork to 2 minute blocks and diminish any possible allegation of premine.

Hi tacotime, I did not follow the discussion strictly so I am a little confused here. What is the benefit of 2-minute block? Reducing network bandwidth/blockchain size or orphans?

Yes that is the reason. There was no valid justification for one minute. The claimed reason was to make solo mining eaiser, but here we are one week into and people are already having trouble solo mining anyway (which was explained by me and others originally). How much more short sighted can you be than that?

One minute means many more orphans and reorgs, and as you point out, chain bloat.

I was more concerned about this prior to the recent success of DRK, which is similar (trustless decentralized mixing) and had an instamine equivalent to 50% of the current supply and 10% of the long run supply. It seems there are some loud people, but overall the market doesn't appear to care as long as the tech delivers.

Since the 2-minute block time is technically superior, it should be implemented with a hard fork. If it's implemented alongside giveaways/bounties for fairness and better PR, then all the better.

One related question: does the orphan problem decrease over time as internet speeds increase globally? What are some rough estimates for this effect?