Post
Topic
Board Bitcoin Discussion
Re: Bitcoin 20MB Fork
by
bambou
on 02/02/2015, 00:16:54 UTC
A mix between pro and DGAF as I don't care but it will need to happen eventually so why not now?

Not a tech-dude here, but i, on the contrary, feel that this is somehow of a crucial matter.
Personally I like bitcoin the way it is now.

I just started reading this thread, but let me show you my point of view regarding this.

In order for bitcoin to succeed as a protocol, not as a currency it needs services running on top of it. Either centralized or decentralized bitcoin is here for everyone(not only for those paying the higher fees)! A first service would be the Lighthouse project which is supposed to be a decentralized way of raising funds Kickstarter-style but which is already limited by the 1MB block size cap (see https://www.vinumeris.com/lighthouse/faq#max-pledges). Having a 1MB block size limit hinders innovation and tech development in my view and don't forget that I'm also a miner, but I agree and support Gavin in this matter. I view the blockchain as a decentralized and neutral informational highway. Let data flow freely if you want a higher value of the whole ecosystem. Let's find solutions to the potential problems like blockchain bloat by innovating, not by rejecting and imposing limits.

Consider bitcoin as the internet. Everyone is using it whether he is poor (free wi-fi) or wealthy (Google, Facebook etc). There are a lot of great things built on free services (twitter, instagram, facebook etc). I bet that you wouldn't like it if your ISP would have a 100MB/s download speed and would action it for the highest bidder. Forcing fees hinders evolution!

So please let's fork already so we can see some real services coming to life!

hum, you should keep reading,

i'm not sure a full consensus is reachable at that point.
i hear both sides but it is the centralization part that bugs me.
im a long term speculator and thus more incline to keep my coins 'out of it' until the market settles.

anyhow you better start packing on popcorn, bitcoin is such a great adventure! Smiley