Post
Topic
Board Bitcoin Discussion
Re: Reversion to the mean
by
poeEDgar
on 07/10/2015, 20:47:58 UTC
"Peter R: Bigger Blocks = Higher Prices"

This dubious correlation is the crux of the issue (as much as "big blockers" might deny it). The mooners want moon today, and the block size limit should have been lifted yesterday to enable that. Unfortunately, merely increasing capacity (and simultaneously opening Pandora's box for attack vectors that exploit block propagation delays) does not create organic adoption.

Why can't people wait until adoption and overcapacity actually warrant increasing block size? In the meantime, we need to address the lack of disincentives for spam/dust transactions that needlessly increase throughput requirements on the system.