Post
Topic
Board Development & Technical Discussion
Re: How a floating blocksize limit inevitably leads towards centralization
by
Technomage
on 20/02/2013, 22:32:01 UTC
misterbigg, I don't think many here are rooting for a change where all scarcity is removed from the equation. I think that could be a disastrous move long term. There are however methods to retain some scarcity without having too much of it. My favorite so far is the solution where we give more freedom to the miners, they can basically decide the block size. At the same time we would put hard limits on block validation so that the full nodes will have to be able to validate them reasonably fast. This way the miners can't just create super large blocks since they would all be rejected.

I believe the hard limit for block size needs to be massive or lifted entirely, so that we don't have to ever do another hard fork, at least not thanks to this issue. The soft limit is another issue, it might not be needed either if the system in place is reliable.