Post
Topic
Board Bitcoin Discussion
Re: List of reasons we do not need bigger block sizes
by
Mickeyb
on 09/09/2015, 17:37:55 UTC
now that #1 argument is deemed invalid lets talk about #2

2) Currently average block size is less than 0.4 mb now that the stress test bullshit is over. Gonna be a long time until we even hit the 1 mb limit.

we are hitting the 1MB limit on the majority of block right now.

the proof: https://blockchain.info/ look at the block size on the last 6 blocks mined

the average block size seems low because sometimes a miner puts out a block with like 10KB and pools seem to be limiting themselves to 900ish KB not 1024KB



blocks have about doubled in last twelve months.  could double again in twelve months so if that's "a long time" then he's right,  but it's not, and he isn't.

Or they can double in the next 3 months if we get some crazy influx of new users. Let's say because of some amazing news, or some government that would recognize us, or just 10 million Chinese that would see a Bitcoin documentary and get interested.

The thing is that future is unpredictable and we never know when and why this might happen. And what we do then if network would get crippled?