And to what 'exact' threshold of max block size this will have an real effect to the security ? 2 MB ? 4 MB 10MB ?
This is the more serious Q&A to be formulated.
It starts even at 2 MB. Please look into the original Bitcoin Classic. Gavin knew this was a problem, that's why the original proposal in Classic had additional TX size and sigops limitations (if I remember correctly). The higher you go the easier it becomes to attack via this vector. This is the more serious Q&A to be formulated.
FYI: https://en.wikipedia.org/wiki/Gavin_Andresen
https://news.bitcoin.com/andresen-blocksize-limit-remove/
If you're going to appeal to authority, let's just remember that this is the guy that claimed Craig Wright is Satoshi. https://news.bitcoin.com/andresen-blocksize-limit-remove/
Quote
Andresen replied:
Yes, lets eliminate the limit.
Nothing bad will happen if we do.
And if Im wrong, the bad things would be mild annoyances, not existential risks, much less risky than operating a network near 100% capacity, he added.
Yes, lets eliminate the limit.
Nothing bad will happen if we do.
And if Im wrong, the bad things would be mild annoyances, not existential risks, much less risky than operating a network near 100% capacity, he added.
