Post
Topic
Board Altcoin Discussion
Re: Ripple XRP distribution requires immediate formalization
by
Meni Rosenfeld
on 01/03/2013, 09:41:36 UTC
1. There is absolutely no observable convergence in endless discussions on increasing Bitcoin's max_blocksize over the years, assuming this convergence does not materialize ... Bitcoin will be limited to 7 TPS and tx fees will rise until small amounts are not sendable.
There was never a reason to; now that there is, some increase is likely to be agreed on. Anyway, increasing max_size is needed but isn't really the solution I have in mind.

2. Bitcoin transactions can never be made secure without some confirmations by at least a few blocks, and block time gap variance is so high that two days ago I had to wait 65 minutes for a single block to come through.
Also solvable with the above.