microtransactions can happen offchain. Why would they need to be on chain? What percentage of txs are micro? I guess most.
Gavins' approach is:
-alienating
-wasteful with recouces (storage)
-inefficient
-lowers security
-brings in more centralisation
-causes trouble because it's very controversal
i have no idea how anyone in their right minds can vote for this without even demanding alternative proposals
It's not your storage but the storage of the people on their systems. Maybe that's why you like to waste it?
Who are
you to chose where microtransaction happen? I thought Bitcoin is all about decentralization and free market. Why are
you trying to impose your point?
I voted pro because I am for increasing max block size. But IMO it's too early to jump to 20MB. Maybe less?
It's actually about 16.8 MB, and it's very unlikely the block size will grow to anywhere near 16 MB immediately. Consider that it took 6 years for Bitcoin to go from 0 to 0.5 MB, despite the fact that the block size limit has allowed 1 MB blocks for the entire time.
Exactly! Blocks will not reach 20MB the day we hard-fork. It will take a lot of time and transactions to get there.