Post
Topic
Board Development & Technical Discussion
Re: Blocksize needs to be increased now.
by
RealBitcoin
on 19/01/2016, 10:52:36 UTC

Because raising the blocksize to 8MB out of nowhere is way more risky than staying with 1 while we search for ways to scale Bitcoin properly (raising the blocksize will never properly scale Bitcoin, not without something like LN). We don't want datacenters running nodes, we want to be able to run nodes on a single computer, what's so hard to get about this? That's the real sabotage, centralized nodes.

Dude, the 8 MB limit is not each and ever block. If the cap is 8mb, and the current block size is 0.5 mb , then 0.5 mb blocks will circulate. The 8mb block is only the cap limit, not the default size.


Therefore the block structure won't really be destroyed, it's not like you have to reformat earlier blocks to all have the identical size. Even now block sizes vary so that's not an issue.


But what you are doing here is artificially not letting the block size go up, and when the limit is hit, then people will compete for the empty space, so the TX fee will massively go up, and most people cannot transact and the TX confirm time will go up.

That is the real sabotage.

The blocksize will go up anyway, the question is, will you let it go up naturally, or you plan to make bitcoin a communist centrally planned currency. I hope not.

Having a bunch of "free space" that's unused due the cap being too big brings a lot of problems and possible exploits. What centralizes Bitcoin is not being able to run a node in your computer, not the nonsense you are talking about. Bitcoin will never scale to worldwide levels by raising blocksize.

Honest newbie question: how rising block size prevents from running a node on regular PC?

What about people who do want to run full-node, but do not want to buy new harddrive every two years and new computer every five years?

It doesn't, hard-disk size is scaling much faster than bitcoin. You can already buy 5 Tb hard disks, by the time BTC gets 5 TB there will be like 1000 exabyte speed hard disks.

Shit learn to quote folks.  The answer is yes, everything is evolving ,so should those guys too.

Even the Operating systems require a better and better PC, not to mention video games and applications.

You need to keep up with technology, plus those hard disks will become so cheap that it wont matter.


 I remember buying my first USB stick for 60$, now I can get one for 5$.