Post
Topic
Board Bitcoin Discussion
Re: Poll: Mike H. Interview - Convincing or not?
by
knight22
on 30/09/2015, 17:42:07 UTC
He's still pushing BIP101 which is probably the worst idea since the invention of software. Gavin and Mike are insane to keep sticking with that concept of doubling the max block size every two years.

Increase max blocksize to 8MB and make the change static, that's the best solution. Then fork again in a few years as/if needed.

The limit should be lift off completely. The network has its own limitations and doesn't need an artificial one at all.

Wait are you saying that the blocksize should have no limit? It seems to me that you don't understand how this thing works at all. Are you aware of all the massive exploits the system could be exposed to if that was the case?

To put a more clear analogy, it was as if you went to a regular everyday car's motor and lifted the max revolutions to limitless. You know what's going to happen once you get past what the actual motor can deal with. This is the case with Bitcoin, thats why a blocksize limit exists at all.

Don't concern yourself with him. He lives in bizarro world and desires a corporate takeover of Bitcoin

Allowing corporates to use bitcoin != corporate takeover.

Corporates using bitcoin = commercial success
Corporates can't use bitcoin = http://saleshq.monster.com/news/articles/2655-the-20-worst-product-failures

Don't ask yourself why no businesses will use the bitcoin blockchain in the future.

Thank god. Why do you think they're building all their blockchains for anyway?

Commercial success != Bitcoin success

Mostly everything corporations touch nowadays they break or turn to plastic shit.

Bitcoin is a prime quality luxury product and we expect it remains so.

lol omg I almost spit my coffee on my screen.

Bitcoin: the useless luxury blockchain!  Cheesy

You must be kidding right?