Post
Topic
Board Bitcoin Discussion
Re: Fork off
by
cellard
on 21/01/2015, 12:20:02 UTC
Can someone explain again why it's not a free market selfregulating process? And why we need a bigger blockchain before we need it?

By doing this you end up with central control over txfees and will have to make them fixed and rising later. I don't see the point in responding to things that aren't even an issue yet.

Can someone also please explain to me why something needs to be done before something needs to be done?
Just do the math. if Bitcoin goes mainstream (as mainstream as say, credit cards) it will not be able to deal with so many transactions per second without bad consequences such as bloat, slowness and whatnot. So we need to think before the problem actually happens.