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From: "sickpig@gmail.com" <sickpig@gmail.com>
Date: Fri, 18 Dec 2015 11:13:33 +0100
Message-ID: <CA+c4Zozac8=aMrAJ1N_6SR9eBD+w0e70cEnk9CG_2oZ72AS-8g@mail.gmail.com>
To: Pieter Wuille <pieter.wuille@gmail.com>
Content-Type: multipart/alternative; boundary=001a11c261ac74562905272965e0
Cc: Bitcoin development mailing list <bitcoin-dev@lists.linuxfoundation.org>
Subject: Re: [bitcoin-dev] Block size: It's economics & user preparation &
 moral hazard
Precedence: list

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On Fri, Dec 18, 2015 at 8:56 AM, Pieter Wuille via bitcoin-dev <
bitcoin-dev@lists.linuxfoundation.org> wrote:

>
> > - only assuming robust adoption rates by up-layer ecosystem software, and
>
> That's not required. Everyone who individually switches to new
> transactions gets to do 1.75x more transactions for the same price
> (and at the same time gets safer contracts, better script
> upgradability, and more security models at their disposal), completely
> independent of whether anyone else in the ecosystem does the same.
>
>
So hypothetically if wallets/payments processors/full nodes adoption
will take 6 month to get to 50% after the segwit soft-fork activation, this
means that actual network capacity will be increased by:

1.75 x 0.5 + 1 x 0.5 = 1.375

after six month.

An hard-fork on the others side would bring 1.75 since the activation, am I
right?

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<div dir=3D"ltr"><div class=3D"gmail_extra"><div class=3D"gmail_quote">On F=
ri, Dec 18, 2015 at 8:56 AM, Pieter Wuille via bitcoin-dev <span dir=3D"ltr=
">&lt;<a href=3D"mailto:bitcoin-dev@lists.linuxfoundation.org" target=3D"_b=
lank">bitcoin-dev@lists.linuxfoundation.org</a>&gt;</span> wrote:<br><block=
quote class=3D"gmail_quote" style=3D"margin:0 0 0 .8ex;border-left:1px #ccc=
 solid;padding-left:1ex"><span class=3D""><br>
&gt; - only assuming robust adoption rates by up-layer ecosystem software, =
and<br>
<br>
</span>That&#39;s not required. Everyone who individually switches to new<b=
r>
transactions gets to do 1.75x more transactions for the same price<br>
(and at the same time gets safer contracts, better script<br>
upgradability, and more security models at their disposal), completely<br>
independent of whether anyone else in the ecosystem does the same.<br>
<span class=3D""><br></span></blockquote><div><br></div><div>So hypothetica=
lly if wallets/payments processors/full nodes adoption <br></div><div>will =
take 6 month to get to 50% after the segwit soft-fork activation, this <br>=
</div><div>means that actual network capacity will be increased by: <br><br=
></div><div>1.75 x 0.5 + 1 x 0.5 =3D 1.375<br><br></div><div>after six mont=
h. <br><br></div><div>An hard-fork on the others side would bring 1.75 sinc=
e the activation, am I right? <br><br><br></div><div><br><br></div><div><br=
></div></div><br></div></div>

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