Post
Topic
Board Bitcoin Discussion
Re: wow ,almost 30,000 unconfirmed trans
by
Carlton Banks
on 26/11/2016, 15:57:37 UTC
100GB every ten minutes isn't possible for any domestic connection today.

A blocksize of 100,000 times the current would enable 100,000 time more transactions than we are currently processing. Why the hell are you talking about this value in the context of what domestic connections today? Hyperventilate much?

The Bitcoin entire blockchain is nearly 100GB today. That's totally unfeasible for anything less than a 10 Mbit/s + connection.

So don't give me this today nonsense, you and your cadre are the only people who think that today's technology is the same as tomorrow's technology, just because you can imagine it. Stepping up to 2020's levels of resource usage is suicidal in 2016.