Post
Topic
Board Development & Technical Discussion
Merits 2 from 1 user
Re: Why the fuck did Satoshi implement the 1 MB blocksize limit?
by
Anti-Cen
on 20/01/2018, 01:16:21 UTC
⭐ Merited by digaran (2)
This is why an infinite block size limit is not an issue. I honestly cannot understand why he added the 1 MB limit.
Can someone please, please explain? I have been pondering this for over a month now. Thanks.

I make a good living writing software and it would had been obvious to anyone that has worked
on scaleable system that as implemented Bitcoin could never scale and ETH has played around
with block sizes and timing has manged to speed the BC up from seven transactions per second
to fifteen but you won't get much more than that.

Distributed computer systems break the work down (200gb of files) across servers with redundancy
built in so what we have left is Micky Mouse software and not only is it falling over but the lightning
network is fixing the problem at the wrong level and these hub things ! Well they are mini banks and
you can run one yourself if you have lots of BTC and hardware just like the miners have already and
hope you won't be locked out by the cartel

Don't worry if you get attacked because most people here have a vested interest in papering
over the cracks and making out that everything is fine when its not