Post
Topic
Board Bitcoin Discussion
Re: Bitcoin XT - Officially #REKT (also goes for BIP101 fraud)
by
brg444
on 05/10/2015, 21:56:23 UTC
Increasing the block size does not lead to increased mining centralization.
Interesting. Do you have any proof for this conjecture?
I have explained it in more detail here in the article that I written on the subject:
https://bitcointalk.org/index.php?topic=1164464.0

It is not conjecture since my theories are based on the factual observations of how the Bitcoin network functions today. To simplify the argument for you however it is based on the fact that the vast majority of miners do not run full nodes for the purpose of mining. The pools run the full nodes for mining instead, that is why miners are not effected by the increased difficulty of running a full node, because miners do not run full nodes for the purpose of mining. This is why increasing the blocksize does not lead to increased mining centralization.

Durrr. Look retard, let's step out of your reality distortion field for a second and consider this:

Existing chinese mining pools are already co-operating to some extent in a scheme called SPV mining because of very public propagation problems under the existing 1 MB limit.

Until you can coherently explain why it is so then no one should be bothered with what "you think" or what "you agree" or not with.

Thank you.