Post
Topic
Board Bitcoin Discussion
Re: List of reasons we do not need bigger block sizes
by
brg444
on 09/09/2015, 16:33:04 UTC
No one has real data to show that a higher block limit = more fees overall for miners, it is simply a misunderstanding of how transaction fees work in real life.

Here is real data that shows that over the last five years, higher block sizes = more fees overall for miners.  



Block size has not been changed over the last 5 years, this is what I mean by people fundamentally misunderstand the issue…

What are you talking about?  Block size has unquestionably changed (increased) over the last 5 years.  The increase in the block size--such that it's now approaching the anti-spam limit--is what has precipitated this debate. 

Peter your chart is misguiding obviously as it shows an increase in transactions, not block size, all happening under the same limit.

The increase in fees paid is a result of more transactions, not bigger blocks.