Two years ago he threw a bitch fit and said if we don't increase blocksize, the network will die. Now, Circle is taking their $138 million and leaving along with many, many others. The congestion has jammed up the network and it is no longer useful. While we still have our pure values of decentralization, we also have a dysfunctional system that no longer serves many of the original intents.
We should go to 8MB today. Keep building LN so we don't have to one day go to 16MB. That way, all involved in making blockchain projects will stay with Bitcoin instead of running away to other FinTech like Jeremy Allaire.
We CAN have it both ways! 8MB is the new 'small block'.
We should go to 8MB today. Keep building LN so we don't have to one day go to 16MB. That way, all involved in making blockchain projects will stay with Bitcoin instead of running away to other FinTech like Jeremy Allaire.
We CAN have it both ways! 8MB is the new 'small block'.
I don`t know who Mike Hearn is and don`t know much about blocksizes,LN and all this stuff.
A major player like Circle left bitcoin and the btc price even increased.
Bitcoin is stronger than before,i guess.
you are a strange guy
you have been on this forum and as a bitcoin user you don't know who Mike Hearn is and haven't head the FUD he spread back when price was $450
and on top of that you call circle a big player?
it was just a service on the internet that didn't even have half as many users as other counterparts.
they had to do free money giveaways to get users to start using their service. it was something like $10 or 20 something back then.