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Date: Wed, 9 Sep 2015 11:59:19 -0700
Message-ID: <CAEz79PrV0OOZ+V-YLP4bTyfaHhbMqrP6TAyu-Lt27_guA+wMzg@mail.gmail.com>
From: "Warren Togami Jr." <wtogami@gmail.com>
Cc: Bitcoin Dev <bitcoin-dev@lists.linuxfoundation.org>
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Subject: Re: [bitcoin-dev] Adjusted difficulty depending on relative
	blocksize
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Does it really change the schedule when the next difficulty retarget
readjusts to an average of 10 minutes again?

On Tue, Sep 8, 2015 at 8:27 PM, Tom Harding via bitcoin-dev <
bitcoin-dev@lists.linuxfoundation.org> wrote:

>
> There is another concern regarding "flexcap" that was not discussed.
>
> A change to difficulty in response to anything BUT observed block
> production rate unavoidably changes the money supply schedule, unless
> you also change the reward, and in that case you've still changed the
> timing even if not the average rate.
>
>

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<div dir=3D"ltr">Does it really change the schedule when the next difficult=
y retarget readjusts to an average of 10 minutes again?=C2=A0<br><div class=
=3D"gmail_extra"><br><div class=3D"gmail_quote">On Tue, Sep 8, 2015 at 8:27=
 PM, Tom Harding via bitcoin-dev <span dir=3D"ltr">&lt;<a href=3D"mailto:bi=
tcoin-dev@lists.linuxfoundation.org" target=3D"_blank">bitcoin-dev@lists.li=
nuxfoundation.org</a>&gt;</span> wrote:<br><blockquote class=3D"gmail_quote=
" style=3D"margin:0 0 0 .8ex;border-left:1px #ccc solid;padding-left:1ex"><=
br>
There is another concern regarding &quot;flexcap&quot; that was not discuss=
ed.<br>
<br>
A change to difficulty in response to anything BUT observed block<br>
production rate unavoidably changes the money supply schedule, unless<br>
you also change the reward, and in that case you&#39;ve still changed the<b=
r>
timing even if not the average rate.<br>
<div class=3D"HOEnZb"><div class=3D"h5"><br></div></div></blockquote></div>=
</div></div>

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