Luke? Luke states to this very day that 0.5Mb is enough. LOL
He has his reasons.
Yeah, he wants to hurt the entire bitcoin ecosystem because he is a narcissistic prick. That's not a fucking good reason. That or he is just an uninformed retard, doesn't really make a difference.
I fully disagree. Luke-jr is a honest small blocker and has been consistent with his view for a long time. Anyhow: 1) He has had very decent contributions to the code. 2) He has written that HF proposal that increases the block size eventually.
So you agree that 0.5 mb blocks are enough? That's your position?
No reasonable amount, which would not fully centralized Bitcoin, is enough. Increasing the block size != improving scalability. Segwit -> Schnorr + signature aggregation are a very nice step. For those that do not know, and I'm sure ImI is part of those, the latter requires 1 signature for inputs from the same address. This means that TXs pulling out a lot of inputs from the same one would be very small in size in comparison to today. The bonus side effect of this improvement is not only capacity, but also the incentive to consolidate UTXO. Block size increases make sense, to a certain degree. However, kicking the can that way does nothing but set precedence for "weak/lazy scaling" and centralization. Let's have actual improvements, like those mentions and Weak blocks, before we do this?
Bottom reached?