Re: 1mb per block and scalability

Quote from: davis196 on August 27, 2017, 11:55:12 AM

Quote from: fred21 on August 27, 2017, 11:36:12 AM

Hi,

currently there are on average 300 000 BTC transaction per day.

My question is : is it possible to keep 1 mb block (with technical solutions) while the transaction numbers per day increases to 1 million, 10 millions, 100 millions...?

thanks

There must be a way to delete all the small "spam" transactions.This might leave some free space for all the other normal transactions in the 1mb block.The other members think that the Lighning Network will be the ultimate solution,but i`m skeptical about these offchain transactions.
Your question is already asked and answered before.It`s technically impossible to keep the 1mb block.
That`s why most of the people here are waiting for Segwit.

correct me if im wrong, but i think if most of the miners (51%) decide to reject the transactions, the transactions will eventually be rejected by the network and either disappear (again, if im wrong correct me) or never be processed without a block being mined by a pool / miner specifically trying to confirm that transaction, rendering that transaction essentially useless without miners trying to confirm it (specifically).
the case in which a transaction might be 'deleted' is if the coins are double spent, but I doubt that'll ever happen with spam transactions.

Quote from: thanhswp on August 27, 2017, 11:53:46 AM

1GB block per 10 minutes is the best way to save the world Grin

bad idea tbh, core is slow to download the chain as is; nodes might have a lot of trouble keeping up if blocks ever get that big.