Post
Topic
Board Bitcoin Discussion
Re: Why i will support bigger blocks - and you should too
by
LiteCoinGuy
on 15/08/2015, 17:52:16 UTC
Why is Bitcoin forking?

Satoshi’s plan brought us all together. It changed the lives of hundreds of thousands of us across the globe. Some of us quit our jobs, others devoted their spare time to the project, still others founded companies and even moved across the world. It’s the idea of ordinary people paying each other via a block chain that created and united this global community.

That’s the vision I signed up for. That’s the vision Gavin Andresen signed up for. That’s the vision so many developers and startup founders and evangelists and users around the world signed up for.

...

A long time ago, Satoshi put in place a temporary kludge: he limited the size of each block to one megabyte. He did this in order to keep the block chain small in the early days, until what we now call SPV wallets were built (‘client only mode’). As seen in the quote above, it was never meant to be permanent and he talked about phasing it out when the time came. In the end it wasn’t needed — I wrote the first SPV implementation in 2011 and with my esteemed colleague Andreas Schildbach, together we built the first and still most popular Android wallet. Since then SPV wallets have been made for every platform. So Satoshi’s reason for the temporary limit has been resolved a long time ago.

https://medium.com/@octskyward/why-is-bitcoin-forking-d647312d22c1



In Satoshis words i trust    Smiley