Post
Topic
Board Bitcoin Discussion
Re: Bitcoin 20MB Fork
by
traincarswreck
on 15/02/2015, 06:46:58 UTC


Indeed. Payment channels between nodes has enormous potential, and Bitcoin is better placed than any other technology to benefit because the payment currency is native to it. People who supply nodes already have wallets to manage the balances which will result.

D&T. I agree that 1MB is a joke, and have recently described it on your own thread as the biggest risk to Bitcoin.

Gavin's proposed change, plus IBLT, plus payment channels will strap solid-rocket boosters onto Bitcoin. I can't wait.
Ok then moving along, and me joining your dialog.  I suspect that if we somehow locked in 1mb, bitcoin would be super scarce and price would skyrocket? No?  The reason I ask, is if we render it a super gold in that sense, then greedy people might not let us change it to a higher size...

I suspect "price" is awaiting this decision.