We still have people thinking that increasing the block size limit by a factor of 20 will increase the blockchain size by the same factor.
This is FALSE.
The blockchain will grow slowly over time. It could take us years before we reach this limit. Besides the cost per GB of storage is pretty low these days.
What would be very beneficial is including more options into the fork. If the fork happens, this could be our last one. Once we reach a few million users doing so will be almost impossible (it is hard already).
Thank you for going out of your way to not be deterred when they keep falsely stating it will grow to 20mb over night and centralize and to keep on posting the info. I know it has to have been posted at least 50 times now but I guess if each post teaches a person it's worth it.
Free (literally) space will be filled, no worries. Very fast.
What makes you think that? Miners won't include spam transactions without fee's or dusting.
I'm just doing my part. Also I'm realizing just how limited and stubborn people here can be.
Do not answer to that guy, he is a trolling shill.
The problem isn't a limit in general but that 1MB is so low that under any meaningful adoption scenario it will push all individual users off the blockchain to rely on trusted third parties.
This statement is just *wrong* (and is itself a straw-man argument).
With other blockchains that also work trustlessly why on earth is anyone being pushed to rely on trusted 3rd parties?
Of course they are not (OP should fix that IMO).
You're not just limiting the amount of transactions per block, you're limiting the development of potential services of tomorrow.