Quote from: fred21 on September 02, 2017, 06:23:02 PM

Quote from: defined on September 01, 2017, 05:37:08 PM

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

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.

If small transactions can be made off chain, blockchain has space left for large transactions. I do not need my morning coffee to be recorded forever. My store of value on the other hand has to be on blockchain.

I agree, LN is what you use to spend your BTC
Blockchain is where you store your value

Quote from: defined on September 01, 2017, 05:37:08 PM

Quote from: shivamchawla on August 27, 2017, 11:44:36 AM

It depends on where the transactions will take place. The plan is to move majority of transactions to offchain solutions such as lightning and sidechains. Even if then the bitcoin blockchain is not able to support the transactions, there will be a hard fork by developers to increase the block size.

If this is how it works, what are we waiting for?

Is there a timetable for lightning network support or offchain support?

I seriously can't wait until we get Lightning Network. It is going to be amazing. We will be able to do more transactions per second than even VISA or any other credit card company. It will truly make Bitcoin "a thing".