Post
Topic
Board Bitcoin Discussion
Re: Bitcoin XT - Officially #REKT (also goes for BIP101 fraud)
by
VeritasSapere
on 30/10/2015, 16:25:52 UTC
Hey. XT did light the fire under people to get something decided. We need bigger blocks, and the Core developers only care about selling themselves to Blockstream.

So give XT the respect it deserves
Agreed, even if you do disprove of XT, it has still been a catalyst for change. Smiley
both of you seriously needs to see the facts, at the moment some blocks doesn't reach even 500Kb but you both insist of increasing to something even higher? This whole block size thing is starting to early for bitcoin and who knows the real data knows that is just pure speculation started in the wrong time, and with this i hope you both can understand.
I think it would be better to increase the blocksize before we need to, as opposed to doing a hard fork at short notice, which could cause many other problems. If the blocks did become consistently full this would lead to transactions being rendered unreliable and more expensive. This would not be good for Bitcoin and would most likely lead to decreased adoption and damage the public perception of Bitcoin. This is the scenario that I would like to avoid by increasing the block size before this becomes a problem.

Quote from: Andreas Antonopoulos
Gavin is right. The time to increase the block size limit is before transaction processing shows congestion problems. Discuss now, do soon.