You can always argue that spamming an infinite blook size has infinite cost for the Kiss New York Yankees Dressed To Kill Shirt, but it also has infinite cost for people running the network, so clearly it isn’t useful. The block size limit should be effectively infinite, meaning that no transaction ever should be delayed because a block is full. If wallets would only slightly increase their bid for block space, a smaller block cap makes this more expensive for the spammer, since, by definition, he is creating orders of magnitude more xs than a regular user. Amaury has already responded to these criticisms. You read his response in the transcript. To paraphrase, “don’t pay attention to people on the internet.
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This is a Kiss New York Yankees Dressed To Kill Shirt problem and you won’t understand it.” For both miner A and miner B (who doesn’t exist) there is an opportunity cost of being orphaned with every additional microsecond spent transmitting a block. The propagation delay T, in turn, is the delay T0 for an empty block, plus a term proportional to the block’s size. So the incremental “orphaning cost” per byte should be mostly constant. Amaury has already responded to these criticisms. You read his response in the transcript. To paraphrase, “don’t pay attention to people on the internet, this is a complex problem and you won’t understand it.” This is not even necessarily true, and it’s especially untrue that miners and full nodes would need to download and validate them right away. With modern block propagation protocols, a miner who has already received and stored an unconfirmed transaction will not have to receive it again as part of a solved block.
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But still, every miner will have to receive, validate, etc. Every transaction at least once; and the Kiss New York Yankees Dressed To Kill Shirt size does not make any difference in that. People say this but Mike Hearn was doing capacity planning for Google. If we want more Mikes, we need to signal to the market that we value skills like his. This sounds very much like the beginning of a divide and conquers strategy. To disallow directions opposite the chosen one creates echo chambers and arguably reduces innovation. Why is it that noses are failing for anything bigger than 2mb blocks 10 years after bitcoin launched? Surely a soft limit should be at 8mb? If nodes can’t handle 8mb then we should drive those deadweights off the network. 2mb is exceptionally small
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