Post
Topic
Board Press
Re: [2017-03-13]Bitcoin Unlimited Reaches Almost 40%
by
d5000
on 08/05/2017, 04:01:05 UTC
We need to fix layer one (block scaling *options*) before layer two - SegWit and all the cool stuff in two years.

It's actually the other way around. We first need a solution for the quadratic hashing time problem before we can think about a blocksize increase. Otherwise, the danger of spam is too big.

I know, FlexTrans does also provide a solution. But as with Segwit, we would need first a pretty long timeframe to allow nodes to adopt the new transaction format. And when the block size increase goes live, we would need a restriction to legacy transactions because otherwise spammers could simply use them to continue spamming the network with transactions that would crash smaller full nodes.