Post
Topic
Board Bitcoin Discussion
Re: 1mb per block and scalability
by
fred21
on 02/09/2017, 18:23:02 UTC


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

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?