Post
Topic
Re: [ANN]Bitcore- BTX - SEGWIT - BLOOM - ONLINE - new virtual fork 1:0.5 of Bitcoin
by
fuddy
on 08/11/2017, 22:24:31 UTC
ok, i thought it was a serious discussion ahha

i hold big on btx, but i would like to know the answers. Always better to find first the negative sides than the positive when you invest Grin


Waiting for someone that answer at this " larger blocks means bigger blockchain, that means less nodes, that means less security"
Larger blocks don't mean necessary a "much" larger blockchain. The thing taking moste space in the blockchain are the transactions and therefore the hashes.
There are many pros and cons on this matter and I'm not going to lay them all out for you. Read yourself:
https://www.google.de/search?q=why+no+bigger+blocksize&rlz=1C1CHBF_deDE769DE770&oq=why+no+bigger+blocksize&aqs=chrome..69i57.4718j0j7&sourceid=chrome&ie=UTF-8
IMHO short: Bigger blocksizes like 20MB are worth it because atm there's just no other option (at least basing on bitcoins blockchain design) to handle enough transactions to compete with anything near RL Use Cases regarding # of transactions per time.