Re: Blocksize needs to be increased now.

Quote from: Cryptology on December 13, 2015, 07:11:05 AM

We are reaching the blocksize limit fast and delays in confirming transactions with standards fees is becoming noticeable. A consensus needs to be found quickly otherwise Bitcoin is going to choke in unconfirmed transactions soon.

https://blockchain.info/charts/avg-block-size?showDataPoints=false&show_header=true&daysAverageString=7×pan=all&scale=1&address=

2015 called. It wants you to give back its clever strategy to sell XT using fear/panic about Bitcoin's impending D000M.

If you "Bitcoin is going to choke S000N" types were serious, XT would change to a different/modified PoW at the same time it attempts (via contentious hard fork) to impose blocks >1MB on the (demonstrably unwilling) rest of the system.

Why not just do an extra round of SHA256? Existing ASICs could do that with firmware/driver tweak.

The reason you don't do that is you want to hijack Bitcoin and destroy its interesting property of being diverse/diffuse/defensible/resilient.

The sooner you fork off and stop trying to attach GavinCoin to Satoshi's coattails, the better.