Post
Topic
Board Development & Technical Discussion
Re: review of proposals for adaptive maximum block size
by
misterbigg
on 26/02/2013, 02:13:14 UTC
Did you skip over dree12's explanation as to why it wouldn't?  If you disagree with his explanation, can you refute it specifically?

Couple of posts that explain things well:

We know that the equilibrium when not restricted by block size is minimal fees per transaction (even free transactions) because that is the reality now.

The block size is an intentionally limited economic resource, just like the 21,000,000-bitcoin limit...Changing that vastly degrades the economics surrounding bitcoin, creating many negative incentives.