Post
Topic
Board Speculation
Re: Gold collapsing. Bitcoin UP.
by
iCEBREAKER
on 06/07/2015, 18:02:32 UTC
Whether 1MB is ideal or not, it's what we have.

As it happens, 1MB seemed to have been at least quite fortuitous for us, and I wonder if it were not somewhat well considered when Satoshi made the setting as opposed to the perception promulgated by some that he pulled a random number out his ass.

In retrospect, 1MB seems like a pretty ideal setting for the past history of Bitcoin and some distance into the future.  To me.

Exactly this.  Intentionally or not, 1MB turned out to be a serendipitous choice.  Now it has ossified and is ready for the next layers to be built on its solid foundation.

I favor Adam Backamoto's extension block proposal.

The 1MB blocksize limit reminds me of the old 640k limit in DOS.

Rather than destroy Window's interoperability with the rich/valuable legacy of 8088 based software, that limit was extended via various hacks sublime software engineering.

Before resorting to the nuclear option of a contentious hard fork, we should attempt to achieve the desired result with soft forks.