Post
Topic
Board Bitcoin Discussion
Re: the 1MB limit will centralize bitcoin
by
solex
on 11/09/2015, 00:06:45 UTC
yes i know, stop yelling, 1MBPS allows for streaming a max of ~4,000 TPS
processing and storage is just as easy.
if you can't store 1MB of data pre second your HD sucks balls
if you can't process 1MB of TX pre second your GPU sucks balls.
point is a 1000$ computer with a home connection can deal with 4,000 TPS

did you expect bitcoin full nodes to run on embedded devices?

Meanwhile, the devs at Dogecoin conduct a stress test processing 5MB per 10 minutes and come up with flying colors:

http://digiconomist.net/interview-ross-nicoll

Quote
  • Lastly, do you think Dogecoin might experience its own block size debate?

I think there’s a risk of it, yes, but so far no-one seems to be leading an anti-increase group, so I’d not anticipate problems. We use 1MB blocks, but every minute instead of 10 minutes, giving us effectively 10 times the throughput of Bitcoin, which reduces pressure for a change to be made soon. The recent stress test of Dogecoin on the testnet up to around 500kB blocks (so 5MB equivalent for Bitcoin) went far better than expected, which is extremely encouraging about our ability to scale. I’m going to write up a proposal once Dogecoin Core 1.10 is out, and that will most likely involve moving to parity with the BIP 101 block size increments.

If Dogecoin can do it then why is Bitcoin #FUKT?