Sorry to pose a stupid question: what are the reasons why the limit cannot be raised?
main reasons that opponents to the increase state are:
- centralization
(BTC network becomes less diverse, diffuse, defensible, and/or resilient; big miners can fuck over small ones by gaming blocksize) - fees discovery price distortion
(free rider problem is compounded, ecosystem adapts to artificially low fees, parasitic systems are subsidized) - UTXOs size will increase significantly
(full nodes will begin to assplode at random) - Tor
and slow connections like Lukejr's 5mb DSL could not be used anymore
("TOR" is shorthand for all hardened networks, especially super-bloaty steganographic types)
- other things we don't know yet caused by rising block max size.
(Mircea will deploy his 'GavinCoin Short' financial weapon of mass destruction, with utterly unpredictable consequences)Expanded that for you.
and the recent reddit threads where Gavin the Pointy-Haired Boss gets reamed by his Dilbert codemonkey (gmaxwell) and Wally engineer (pwuille).
"Gavin is the only committer who supports [20MB blks] at this time. The rest have significant concerns" -gmaxwell