Post
Topic
Board Bitcoin Discussion
Re: I am sorry to say, Mike Hearn was right.
by
DGulari
on 08/12/2016, 18:44:17 UTC
We should go to 8MB today.

You can. What are you waiting for? Go build a block bigger than 1MB. You don't need anyone's permission.

Starting another new thread about it isn't going to change anyone's mind. If the past two years hasn't convinced you of that, then I don't know what to say.

If your argument is so strong, and you believe bigger blocks are far superior, the market will obviously choose the chain with bigger blocks. Just do it.
Can't do it because Greg Maxwell needs to cripple the network so their will be more demand for his Lightning off chain approach.  The thing is, if Greg agrees to go to 8MB today, blocks won't be full again until Lightning is ready.  That way, they can have their off chain scaling approach AND no network congestion for the next 3 - 5 years. 

You don't need Greg Maxwell's permission. This is Bitcoin. The code is open source. There is even a version that allows for larger block sizes. It's called Bitcoin Unlimited. All you need to do is run that software with whatever perimeter you want for the block size, then mine a block bigger than 1MB. That's it.

I think you are afraid to put your money where your mouth is. If the market truly wants larger blocks, the person who starts mining them is in a position to earn a ton of block rewards for himself before the rest of the miners move over to that fork. It seems like a no-brainer to me.

Actions speak louder than words. If you truly believed what you keep repeating, nothing would stop you.

That is a very clever gimmick.  Everyone understands quite clearly why this argument is just a convenient bit of nonsense to support the small block side.  

You fool nobody bringing this silly bit of schenanigans