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Subject: [bitcoin-dev] Adjusted difficulty depending on relative blocksize
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Greetings,
a thought occurred to me that I would love to hear what some bitcoin =
experts think about.
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=E2=80=99m not using the correct =
terms, I=E2=80=99m not a real programmer, and I=E2=80=99ve only recently =
started to subscribe to the mailing list)
In practice:
1. calculate average block size for the previous difficulty period (is =
it 2016-blocks?)
2. when trying to find a new block adjust the difficulty by adding the =
relative size difference. For instance, if i=E2=80=99m trying to create =
a block half (or double) the size of the average block size for the =
previous difficulty period then my difficulty will be 2x the normal =
one=E2=80=A6 if I=E2=80=99m trying to make one that is 30% bigger (or =
smaller) then the difficulty is 1.3 times the normal one
Right now this would force miners to make blocks as close to 1mb as =
possible (since the block reward >> fees). But unless I=E2=80=99m =
mistaken sometime in the future the block size should be adjusted to =
maximize the fees=E2=80=A6
Could the concept be useful somehow?
I apologize if it=E2=80=99s been discussed before or if it=E2=80=99s a =
stupid idea, I would have run it by some other people, but I=E2=80=99m =
afraid I don=E2=80=99t know anyone that have any interest in bitcoin.
Regards
/jakob=
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