Anthony Towns [ARCHIVE] on Nostr: 📅 Original date posted:2015-08-14 📝 Original message:On 14 August 2015 at ...

📅 Original date posted:2015-08-14
📝 Original message:On 14 August 2015 at 11:59, Jakob Rönnbäck <
bitcoin-dev at lists.linuxfoundation.org> wrote:

> What if one were to adjust the difficulty (for individual blocks)
> depending on the relative size to the average block size of the previous
> difficulty period? (I apologize if i’m not using the correct terms, I’m not
> a real programmer, and I’ve only recently started to subscribe to the
> mailing list)
>

​That would mean that as usage grew, blocksize could increase, but
confirmation times would also increase (though presumably less than
linearly). That seems like a loss?

If you also let the increase in confirmation time (due to miners finding
harder blocks rather than a reduction in hashpower) then get reflected back
as decreased difficulty, it'd probably be simpler to just dynamically
adjust the max blocksize wouldn't it?

Cheers,
aj​

--
Anthony Towns <aj at erisian.com.au>
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