Post
Topic
Board Speculation
Re: Gold collapsing. Bitcoin UP.
by
BlindMayorBitcorn
on 26/06/2015, 08:34:06 UTC
Isn't the real pressing issue recently the discovery that it takes less than the cost of a Smart car to spam up the system for hours and hours?

I just got back, but



Edit: I don't see how any amount of money would ever be too much to deter bad actors from shitting on our parade for sport. Does blocksize even address this at all?

Lots of venom in this thread lately. Embarrassed

I think bigger blocks will just make shit parades more expensive to throw?




The way to generate resiliency for Bitcoin is to get to the point that each block generates $10M in fees.

Today each block generates around $4,500 in fees on average.

That is not resilient, that is weak and easy for any state to attack.

This idea that using fee pressure on a low # of transactions is a way to get to high value blocks from fees is absurd. The way to get to high value blocks is tons of transactions paying minimum fees.