Quote from: podyx on August 20, 2015, 11:14:19 AM

Quote from: AlexGR on August 20, 2015, 11:08:28 AM

Bitcoin will not scale to the level you want it to and definitely not by simply increasing the block size. It needs smart methods to do so.

Everyone has always said that bitcoin scales very well. Were they all lying? Roll Eyes

In theory it scales as much as you want it too, but in practice it creates problems. There are tradeoffs for making a trust-less and decentralized system that consumes a lot of bandwidth and disk space to scale.

In anonymous/private coins, the scaling debate was much further ahead because their mixing or zero proof systems create much more bloat that have the potential to render their blockchain DOA - even while having tx volume like 1% of BTC.

Quote from: Norway on August 20, 2015, 10:45:11 AM

So what is your solution to the bottle neck problem?? Most small blockers don't have one.

There is no bottleneck if you pay a bit more. The fees are pretty decent, even for top priority, for a "crowded" block anyway. If someone wants his dust to move at once though, by paying peanuts, let him wait.