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Topic: Question Re: Block Size and Time - page 2. (Read 1908 times)

legendary
Activity: 1792
Merit: 1121
May 04, 2015, 11:23:07 PM
#2
I know block time affects security

You have answered your question. I think having 2MB Block/10 minutes is securer than 1MB Block/5 minutes because the latter would have higher orphan rate (i.e. wasted hashing power).

The difference should be more obvious if miners will mine a block header before the block is completely validated.
legendary
Activity: 1988
Merit: 1007
May 04, 2015, 07:28:49 PM
#1
We keep having discussions about increasing the maximum block size to speed up transactions when we have a congested network. Why don't we just:

Leave block size the same
Decrease block rate to 5m
Decrease block finder reward by half to 12.5

Would this not help solve the same problem, while at the same time speeding up transactions as a whole?

There must be something I'm missing. I know block time affects security but can't we assume the network is secure with the current hash rate?
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