Post
Topic
Board Bitcoin Discussion
Re: 1MB block size forever is just silly
by
DooMAD
on 06/02/2017, 11:12:56 UTC
If the target is everyone (billions of people) using Bitcoin, using the blocksize to grow is not possible. Blocksize is not a scaling solution, it uses resources at the same scale whether it's 1 MB or 100 MB.

Blocksize is not a scaling solution on its own, but should still be part of the solution.  We need everything and the kitchen sink.  SegWit, Blocksize, Lightning, Atomic cross-chain transactions, sidechains/treechains, etc.  People generally understand that the blocksize is one of the more costly elements of the formula, but we still have to find a balance.  Scaling 100% off-chain runs in stark contrast to the underlying principles of an open and permissionless system.  Users won't stand for it and won't allow it to happen.