Post
Topic
Board Speculation
Re: This is the bull run that doesn't end..
by
Whosdaddy
on 16/09/2016, 18:45:17 UTC
It can't be, because the current implementation can't handle mass adaption right now.

We can barely even handle the current traffic because of that stupid arbitrary 1 MB blocksize limit that serves no purpose other than to clog the network.

Once that problem is dealt with, we might see a real bull run.
But I do notice all the blocks were not filled up also the unconfirmed transactions are comparatively less. So, still lot of growth of bitcoin will be possible with this block size itself. The need of increasing block size greater than 1 MB will be initiated based on unconfirmed transactions which still will be having enough fees.

Hopefully devs will not wait till those days, before any bottleneck occurs and we are going to see block size increases. As of now, block size is not a big hurdle for bitcoin to move towards mainstream of adoptions.