Post
Topic
Board Bitcoin Discussion
Re: Permanently keeping the 1MB (anti-spam) restriction is a great idea ...
by
CIYAM
on 06/02/2015, 18:36:52 UTC
I agree.  I didn't have the time to respond in your thread but I don't believe there is "one blockchain to rule them all" however even for those who believe Bitcoin can exists as an interchange between a diverse ecosystem of networks the block size will need to be raised.  1MB blocks prevent even infrequent access by users between the Bitcoin network and side networks without "trusted" intermediaries.  If the backbone is centrally controlled then the supporting ecosystem is built on a foundation of sand.

Thanks (it is nice to have your response rather than all the trolling I've been getting with people thinking I am trying to flog an alt-coin or whatever).

And I do agree 100% that the current Bitcoin TPS is not going to be very useful in a few years at all (if it stays as that then it could only end up being a "store of value" system practically).