Re: Estranged Core Developer Gavin Andresen Finally Makes Sensible 2MB BIP Proposal!
I have been so done with the block fight I don't even know what segwit is and why it can't work with 2mb blocks, if it can then why not both?
As I understand it, SegWit and increased blocksizes are two completely separate issues. SegWit improves efficiency, and is the equivalent of a 2Mb blocksize, or better. It introduces a number of other possibilities as well. As there is no immediate need for a blocksize increase, it would be better to implement SegWit, and then see what is needed for the future. Who knows, maybe the Litecoin and Bitcoin chains should be combined to facilitate exchanges.
there was no immediate need for 1mb when blocks were only being made of less than 500k in 2009-2013.. but the setting was there at 1mb.. AS A BUFFER to allow for growth without any rush, or debate