Most supporters of not changing the block size max limit (or even having one) forget that Satoshi originally put in that 1 MB limit as simply that: an anti-spam measure.
So doesn't that mean it would eventually be removed?
So doesn't that mean it would eventually be removed?
Why would that logically make sense. Does spam no longer exist? Do you expect it to eventually not exist?
Peter R's idea of a per-node block size is intriguing. I'm still pondering it.
No.
The issue now is that bitcoin will eventually outgrow its 1MB max block size.
The economy/infrastructure of bitcoin is such that it can (in my view) set its own block sizes on its own (or with some moving averages of max and min block sizes) to be put into play in a dynamic fashion as opposed to hard coding a limit in.
Why hard code the limit when it can self-regulate based on current amount of transactions (averages over X time) and set a range that adjusts to periods that have more/less transactions.
Did you think Satoshi put that limit in at 1MB to be there forever?
