Quote from: valta4065 on February 07, 2016, 11:12:19 AM

Quote from: Andre# on February 07, 2016, 10:52:10 AM

Quote from: orpington on February 07, 2016, 10:18:09 AM

Quote from: Andre# on February 07, 2016, 09:50:25 AM

Quote from: Peter R on February 07, 2016, 05:18:13 AM

Quote from: jbreher on February 06, 2016, 07:29:18 PM

Quote from: danielW on February 06, 2016, 07:43:23 AM

We are nowhere close to "everything will suck soon" ^tm. You guys have been saying that for a year now btw.

Actually several years. We've been repeatedly pointing at the same stupid, unnecessary hard ceiling, and pointing out that the inexorable trend of increasing transactions has us on a clear intersect.

In the meantime, we have recently gone from things never sucking in regards to capacity, to things sucking for brief flashes of time. The issue is not how much one needs to pay to get a transaction through, the issue is that with the current block size, no more than about 350,000 transactions can be processed in a day. Period. No matter how much money is thrown at the transactions.

Here's what those two non-parallel lines would look like if the bump to 2MB occurs May 1:

Thanks! This is still the best graph.

Yes, this is still the best ~~meaningless~~ graph, Andre#.

You are so "spot on" lately. Grin

I am, indeed. Cheesy

Wahou wahou wahou!

Thanks for the graph indeed, it's a good way to see things.

But what I get from this graph is that 2mb blocks would be a very temporary solution no? Is it only me?
Cause it seems like even if we go to 2mb it'll last for a few months maybe a year or two before we need another action taken.

Indeed. But at least it buys some time for Segregated Witness to get into effect (x1.7), and later on perhaps the Lightening Network. If these don't materialize, it would have to be increased further in two years time.