Tom Zander [ARCHIVE] on Nostr: 📅 Original date posted:2016-11-27 📝 Original message:On Saturday, 26 November ...
📅 Original date posted:2016-11-27
📝 Original message:On Saturday, 26 November 2016 15:35:49 CET Peter R via bitcoin-dev wrote:
> Therefore, it is in the best interest of miners to all set the same block
> size limit (and reliably signal in their coinbase TX what that limit is,
> as done by Bitcoin Unlimited miners).
As a point of interest, last week I merged into Classic the same concept.
Classic will now respect the EB limit and put it in the coinbase.
> (This actually surprised me because the only way they could lose money is
> if some _other_ miner wasted even more money by purposely mining a
> destined-to-be-orphaned block.)
Your surprise may come from the difference in cost vs. expected earnings of
creating a block, which is quite significant.
--
Tom Zander
Blog: https://zander.github.io
Vlog: https://vimeo.com/channels/tomscryptochannel
📝 Original message:On Saturday, 26 November 2016 15:35:49 CET Peter R via bitcoin-dev wrote:
> Therefore, it is in the best interest of miners to all set the same block
> size limit (and reliably signal in their coinbase TX what that limit is,
> as done by Bitcoin Unlimited miners).
As a point of interest, last week I merged into Classic the same concept.
Classic will now respect the EB limit and put it in the coinbase.
> (This actually surprised me because the only way they could lose money is
> if some _other_ miner wasted even more money by purposely mining a
> destined-to-be-orphaned block.)
Your surprise may come from the difference in cost vs. expected earnings of
creating a block, which is quite significant.
--
Tom Zander
Blog: https://zander.github.io
Vlog: https://vimeo.com/channels/tomscryptochannel