Re: Analysis and list of top big blocks shills (XT #REKT ignorers)

... An eight terabyte hard drive will be able to store the entire Bitcoin blockchain for the next six years easily, and that is with a two megabyte blocksize limit.

http://www.amazon.com/Seagate-Archive-Internal-Hard-Drive/dp/B00XS423SC

Assuming Bitcoin adoption is poor & we don't need to bump blocksize again. 2MB gives us what, ~6tps, and we're ~2 - 3tps now?

Yeah, it essentially doubles throughput. This will make a huge practical difference in terms of adoption over the next few years.

Oh, I agree that it's better than nothing, but in a futile sort of way. I mean, if you don't count on Bitcoin's userbase >doubling in 6 years...

The Toomininstas are confronting the same problem the Gavinistas did, which is that multiplying a tiny number such as 3tps by another tiny (ie sane) number such as 2 or 4 or even 8 still only produces another tiny number such as 6tps or 12tps or 24tps.

You can't get to Visa tps from here. Our only realistic path to Visa is orthogonal scaling, where each tx does the maximum economic work possible.

Core and Blockstream are carefully and meticulously preparing Bitcoin for such scaling, via sidechains, Lightning, CLTV, RBF, etc.

Meanwhile Tooministas fret and moan about "Are We There Yet?" and "But Daddy I Want It Now." As if a "not much testing needed" 2MB jump is not worse than useless... Roll Eyes