Post
Topic
Board Speculation
Re: Gold collapsing. Bitcoin UP.
by
solex
on 28/07/2015, 00:51:06 UTC
If anything, we should get the blocksize to the largest rationally supportable size

This is exactly where reasonable people differ.

That is a key word right there "reasonable".  I certainly haven't had any great epiphany as to how to choose the correct size or how to make it a reliably updated thing.   Predictability and anything that removes human consensus making from an ongoing process is what I would favor.  

The only way to remove human consensus from the ongoing process is to leave it exactly the way it is. No changes to the consensus rules ever (MP argument).

That is btw pretty much Wladimir's view. He's not going to back any change that doesn't have human consensus. So you either have human consensus or, removing it from the process, no changes at all.

Is this your position too? Because the way Bitcoin is today with a protocol level transaction cap so small it is too crippled to ever become a significant part of the world economy. A cap too small even for LN to provide much scaling because LN needs the capability to close a lot of payment channels simultaneously. SC is not a scaling solution unless Pieter is wrong.
Which then leaves Monero as a lifeboat where I recall some recent post about it having massive scaling capacity, no 1MB rubbish for them!

Icebreaker is transparent like an ice-cube when it comes to campaigning for a crippled Bitcoin, clearly so he can execute a massive Monero put during a time of Bitcoin crisis and Monero pump, hoping to catch the reverse trade when the 1MB is finally fixed and quadruple his coinage accordingly.