Topic: The MAX_BLOCK_SIZE fork - page 3. (Read 35546 times)

Criticizing 0.8 for not emulating an unknown bug (let alone that it was in 3rd-party software) is itself FUD.

No, you misunderstand the problem and in the process spreading FUD. 0.8 LevelDB was required to emulate BDB behaviour and it didn't.

Rushing everyone onto 0.8 is asking for problems.

Deepbit has been prudent and a pillar of defending the blockchain and you are pressuring them to do what exactly?

+1

Please give the development team time to put together a plan.  If the majority of miners are on 0.8, a single bad actor can cause another fork by making a block with too many transactions for <= 0.7 to handle.

Yes. All miners should be migrating to v0.8 as soon as possible (while maintaining default limits), so that the above is no longer a factor.

General question. Is Deepbit too conservative for its own good?  
They are refusing to upgrade from version 0.3. Deepbit, please prove me wrong!

Yes. All miners should be migrating to v0.8 as soon as possible (while maintaining default limits), so that the above is no longer a factor.

General question. Is Deepbit too conservative for its own good?  
They are refusing to upgrade from version 0.3. Deepbit, please prove me wrong!

Watching.

Seems BDB's MAX_LOCK needs to be taken into account also, for backward compatibility.

There is still the question of what the default behavior should be. Here is a proposal:

Ignore blocks that take your node longer than N seconds to verify.

I'd propose that N be:  60 seconds if you are catching up with the blockchain.  5 seconds if you are all caught-up.  But allow miners/merchants/users to easily change those defaults.

Rationale: we should use time-to-verify as the metric, because everything revolves around the 10-minutes-per-block constant.

Time-to-verify has the nice property of scaling as hardware gets more powerful. Miners will want to create blocks that take a reasonable amount of time to propagate through the network and verify, and will have to weigh "add more transactions to blocks" versus "if I add too many, my block will be ignored by more than half the network."

Time-to-verify also has the nice property of incentivizing miners to broadcast transactions instead of 'hoarding' them, because transactions that are broadcast before they are in a block make the block faster to verify (because of the signature cache). That is good for lots of reasons (early detection of potential double-spends and spreading out the verification work over time so there isn't a blizzard of CPU work that needs to be done every time a block is found, for example).

By this logic, we should leave it up to the free market to determine the block subsidy. And the time in between blocks.

By this logic, we should leave it up to the free market to determine the block subsidy. And the time in between blocks.

It is clearly the right way to go to balance the interests of all concerned parties.  Free markets are naturally good at that.

I think this is exactly the right thing to do.

There is still the question of what the default behavior should be. Here is a proposal:

Ignore blocks that take your node longer than N seconds to verify.

I'd propose that N be:  60 seconds if you are catching up with the blockchain.  5 seconds if you are all caught-up.  But allow miners/merchants/users to easily change those defaults.

Rationale: we should use time-to-verify as the metric, because everything revolves around the 10-minutes-per-block constant.

Time-to-verify has the nice property of scaling as hardware gets more powerful. Miners will want to create blocks that take a reasonable amount of time to propagate through the network and verify, and will have to weigh "add more transactions to blocks" versus "if I add too many, my block will be ignored by more than half the network."

Time-to-verify also has the nice property of incentivizing miners to broadcast transactions instead of 'hoarding' them, because transactions that are broadcast before they are in a block make the block faster to verify (because of the signature cache). That is good for lots of reasons (early detection of potential double-spends and spreading out the verification work over time so there isn't a blizzard of CPU work that needs to be done every time a block is found, for example).

Maybe i've got a rig of asics and i can process a lot more mb in 10 minutes instead of pushing up the dificulty. So, maybe a GPU miner, can mine 1mb blocks, and an asic miner can mine 20 mb blocks for the same difficulty

I am all for "let-the-market-decide" elastic algorithms.

I'm just going to leave this here:

http://en.wikipedia.org/wiki/Parkinson%27s_law_of_triviality

You are assuming miners want to switch.  They have a very strong incentive to keep the limit in place (higher fees, lower storage costs).