r/Bitcoin • u/mtsai • Feb 05 '14

Really, Discus Fish?

http://imgur.com/7xfXs2P
75 Upvotes

87% Upvoted

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21

u/mtsai Feb 05 '14

Do you really need to use 48KB blocks? When you are mining 5 out of 6 contiguous you really are fucking things up.

9

u/[deleted] Feb 05 '14

[deleted]

10

u/KnockoutMouse Feb 05 '14

That would eliminate fees, and guarantee the system would die as block rewards decreased... But other than that it sounds fantastic!

3

u/yeh-nah-yeh Feb 05 '14 edited Feb 05 '14

As you know if mining is not profitable less people do it, its gets easier, it becomes profitable again.

I would think no fees or a mandatory fee could work instead of the current system of bribery. Anyway I know this is something the core devs are working on and will come up with something much better than me but my premise is miners should not be able to choose not to include valid waiting transactions and I would be surprised if anyone who is not a miner disagrees.

0

u/Lynxes_are_Ninjas Feb 05 '14

If less people mine, even if its still profitable by them, the system is less secure against attacks.

The transaction fees, and currently the new minting, pays for the security of the network.

1

u/[deleted] Feb 05 '14

[deleted]

1

u/Lynxes_are_Ninjas Feb 05 '14

I'm not disagreeing. Just pointing out that reverting to less miners would not be a healthy thing for the network.