Post
Topic
Board Bitcoin Discussion
Re: Dangerous precedents set on March 12 2013
by
jubalix
on 18/03/2013, 00:37:07 UTC
I would like to think that the decisions will be based on what bitcoin was meant to be. This will often be subjective, but for me personally, the true bitcoin will always be the one mentioned in the Satoshi White Paper, and that paper defines the maximum block size as 1Mb.

One of the many amazing things about Bitcoin is watching a religion that would once have taken centuries to get established form itself in a couple of years.

First the adherents decide they want to abide by all the restrictions in their Holy Book, even when they're obviously no longer relevant, like applying dietary restrictions designed to deal with parasites in the absence of refrigeration technology.

Then as if that's not enough, they take little implementation quirks, traditions and short-term quick-fix bodges that build up over time and start imagining that they're in their Holy Book.

I don't suppose saying this will help as once a bit of dogma gets into a religious person's head it's a hell of a job getting it out, but there's nothing in the Holy Prophet's white paper about limiting block sizes. He specifically discussed the network scaling as big as Visa. (Letters to the Cryptographians, Chapter 2, Verse 2). Obviously nobody intended to grow a network just to the point where it was about to become really useful for actual, non-speculative commerce, then cripple it to stop it doing more than 10 transactions per second.

I know Satoishi has been deified, who gives a F*ck that satoshi said X....the idea must stand on its merits today....wow