Post
Topic
Board Bitcoin Discussion
Re: Greg Maxwell on Scaling in 2011 (what a difference $71M makes)
by
andrew24p
on 04/04/2017, 00:33:03 UTC
Very interesting to see

-large full nodes not catastrophic for decentralization
-will be a long time before 'visa scale' needed
-can see a world where offchain freely competes with onchain

https://web.archive.org/web/20140328052630/https://en.bitcoin.it/wiki/Talk:Scalability

Pretty different stance than the rhetoric of today.  Gee, I wonder why...

Why cant people's opinions change over time? Bitcoin is a completely different beast than it was in 2011 with a much more complex and fragile codebase. If we needed to fork in 2011 it would have been fine, but now theres 14 billion dollars worth of peoples money on the line if something gets fucked up. Why choose risky methods like a hardfork when a soft fork gets the job done?