Quote from: dachnik on August 26, 2015, 01:32:20 PM

Quote from: knight22 on August 26, 2015, 01:15:01 PM

It is fairly easy to estimate how much transactions can be handle by a global usage. It's not that much speculating but yes, it is still a limit but at that point alternate solutions (AKA lightning and sidechains + shared market cap of other major altcoins) can come into play. 8 Gb is fairly enough to ensure a great amount of transaction fees to keep a large incentive to miners and ensure a maximum network security.

Security of the network and the idea of there being a network in the first place, depends on how many full nodes there are, how diversely they are spread across the planet and how able they are to handle the load.

5 super-connected super-nodes with 8Gb blocks would technically still constitute a network, but I'm not sure if you want to call that Bitcoin.
We need to address the block size issue responsibly and re-evaluate network's health with regular intervals.

Quote from: Blawpaw on August 26, 2015, 01:28:20 PM

I still believe that increasing the Block size would be the best option. Some miners already increased the blocksize while others such as Jeff Garzik have spoke in favor of BIP

http://gtf.org/garzik/bitcoin/BIP100-blocksizechangeproposal.pdf

I too still sympathize with the idea of one-off fork to 8Mb. Clean and simple.

Don't forget that markets like predictability. A "kick the can down the road" solution offers none. I wouldn't mind if forking bitcoin was fairly easy but as far as I know, it is not.