Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
adamstgBit
on 11/03/2016, 20:33:02 UTC
AlexGR, do you allow for the possibility that maybe small blocks isn't a good idea?

Timing is crucial.

Even 1TB per year blocks (20mb/block) will have its time when 20mb/block will be "alright".

Upgrade too soon, you'll have 10gb txs and 990gb spam.

Upgrade on time, you'll get 800-950gb txs and 50-200gb spam.

you place way too much weight on spam. think of spam as a placeholder for legit TX, we welcome the placeholder because it pays some miner fees