Quote from: balu2 on February 04, 2015, 10:37:23 AM

Quote from: RoadStress on February 04, 2015, 10:18:32 AM

Quote from: balu2 on February 04, 2015, 09:12:10 AM

microtransactions can happen offchain. Why would they need to be on chain? What percentage of txs are micro? I guess most.

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'm not choosing where microtransactions happen. They happen where they happen. And who are YOU to try to impose your hardfork on me?

Gawd, this discussion is some toxic bullshit.
I'm out. F*** you all.

No need to get all angry. I wasn't trying to get you pissed. I was only trying to emphasize that nobody should choose where microtransactions happen if it's outside of the blockchain. Gavin explained why all transaction (big or small) should happen only on the blockchain. Because offchain transactions cause friction and more headache than necessary. We can expand into the subject if you want, but getting all pissed and leaving solves nothing.

Quote from: Crypto9er on February 04, 2015, 10:49:19 AM

I totally understand. It will take very long time, that's why I personally think changing it to 20 MB now is way too early. Depending of adoption growth in the next year/few years, We can increase more later?

If you think it will take a long time until the blocks fill then what's the point of not doing it now? Setting a consensus is much easier now than later and we already have 1 service/project that is hindered by the 1MB limit (the Lighthouse project). Maybe there are more services waiting to happen, but they don't because of the limit. I could also mention Factom, but I am not yet sure how much space do they need.

Raising the limit right now is a very good thing to do because there is no pressure in doing it. I don't want to get into a stupid situation where there is a mass adoption happening and we run out of block space in a matter of weeks. Imagine the chaos then trying to explain to the regular Joe why isn't his transaction spreading and why does he needs to pay more and more for his transactions. That's the end of Bitcoin, not a falling exchange rate...

Quote from: altcoin hitler on February 04, 2015, 01:07:36 PM

...
is coming more. We make extra thread as these pile up

These are just another technological challenge, nothing impossible. The main idea is still there that everyone should be free to use the blockchain as they wish, not as we wish.

Quote from: hdbuck on February 04, 2015, 02:50:19 PM

If bitcoin couldnt resist/adapt the increasing number of transactoins, then everybody would agree to raise the limit, or else everybody loose.

This would even give us extra time to investigate further and plan several possibilities so we get this right

Why would someone bad intended with a lot of money agree to let your microtransactions happen? He could fill the blocks easily and he could be against raising the limit by owning/renting a lot of mining hashpower. What will you do then when your transaction will require an absurd transaction fee to get propagated?