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> On Jul 30, 2015, at 4:21 AM, Eric Lombrozo wrote:
>=20
> and a number of the people most intimately familiar with the inner working=
s of the system (some of whom are in this thread) think that given what we n=
ow today about the Bitcoin network, increasing block size externalizes costs=
 in dangerous ways. Remember that total cost includes not just equipment cos=
ts but also things like block propagation latency and specifically identifie=
d security risks. Some of these security risks were only appreciated relativ=
ely recently and were completely unknown in 2009.

I would like (and have been asking) those people to take the time to quantif=
y those costs and write up those risks in a careful way.

I believe the costs and risks of 8MB blocks are minimal, and that the benefi=
ts of supporting more transaction FAR outweigh those costs and risks, but it=
 is hard to have a rational conversation about that when even simple questio=
ns like 'what is s reasonable cost to run a full node' are met with silence.=