Post
Topic
Board Bitcoin Discussion
Re: Fuck: SegWit, LN, Blockstream, Core, Adam Back, and GMazwell
by
freeAgent
on 26/03/2017, 15:47:05 UTC
I'm in total agreement with Alex.BTC here.  I haven't posted in Bitcointalk for a while, but figured I would voice my opinion since there are accusations being made that block size increase supporters are new accounts, shills, etc.  Well, here's an old account, and I also think the bock size needs to go up.  Core could have done so at any moment, but they refused and now we have a stalemate and a split community.  It's a shame.
Care to cite any scientific reasoning behind the opinion you are asserting?  

Didn't think so.

It's not that you are a shill, its just that you are speaking to a subject you know nothing about.

Scientific reasoning as to what?  Support of a block size increase?  http://www.coinfox.info/news/5221-research-10-existing-bitcoin-nodes-are-capable-to-operate-with-200-mb-blocksize

Quote
The new study entitled “On Scaling Decentralized Blockchains” was prepared by the Initiative for CryptoCurrencies and Contracts (IC3) at the Jacobs Technion-Cornell Institute. It reveals that approximately 90% of the examined 4,565 nodes (there are currently more than 7,000 nodes) would continue normal operation even with 4 MB blocks. This particular block size would allow to increase the speed of transactions from the current 2,5 to 27 transactions per sec.

This research was conducted a year ago, so the percentage is probably higher now, or you could even move the increase up further.  SegWit is also a "block size increase" in this capacity as it increases bandwidth and storage requirements on nodes in the same way.