Hi,
I have a question.
Am I correct to assume that miner operators can in this moment change the size of the blocks that their nodes produce by altering a certain constant somewhere in the core app?
So what would happen if say 51% of nodes would switch to 2MB blocks? What would be the consequences?
Thank you for your answers.
To answer your question, if 51% percent of the miners started creating 2MB blocks then Bitcoin would have effectively increased its blocksize limit. Whether a split would happen or whether this chain has any value depends on whether users and business follow this new chain or not. Bitcoin Unlimited is actually based on this understanding, which is why it is my favored implementation. Bitcoin Classic is great as well, and it is the perfect implementation to reach far reaching consensus today, which is already evidenced by the majority of the mining power now supporting BC and 2MB blocks. BU is compatible with BC fortunately as it is compatible with all blocksize increase proposals.I have a question.
Am I correct to assume that miner operators can in this moment change the size of the blocks that their nodes produce by altering a certain constant somewhere in the core app?
So what would happen if say 51% of nodes would switch to 2MB blocks? What would be the consequences?
Thank you for your answers.
There has already been a lot of discussion on this subject, just check my post history and you will find a wealth of information. If you look at the discussions I have taken part in you can also read my ideological opponents positions as well, so you can make up your own mind.
