Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
BitUsher
on 08/03/2016, 02:01:44 UTC
i was vaguely aware that lighting would require bigger blocks...

so we can have 133MB blocks years from now, but we have to wait a full year for 2MB.

because 2MB today would centralize bitcoin?


No, Core's plan is giving us an effective 2 MB (1.7MB-2MB average) in April + LN in 3-4 th quarter this year increasing that capacity. I suppose you meant to say 3.4MB to 4 MB would centralize Bitcoin?

Why do you keep making this mistake when I have corrected you multiple times?

SegWit will allow 4-5 tps. That will help some banks participate, but not many. If banks can't even use Bitcoin, who will?

I would like to see your math. My math reflects current 4-7TPS with segwit getting us to 6.8 - 14 TPS. Who the hell cares about the banks anyways? Bitcoin is for us , not the banks to use.