Post
Topic
Board Development & Technical Discussion
Merits 3 from 2 users
Re: Lightning Network / Bitcoin scaling question
by
Kogs
on 17/04/2018, 08:14:47 UTC
⭐ Merited by achow101 (2) ,ETFbitcoin (1)
I think we will see a block weight increase in the future.

But I also think that this should not be rushed.

The first step was to get Segwit which is essential for lot of future improvements including lightning.

But I guess lot of people did not understand that it's not done by just activating Segwit.
It's important that people and companies also use Segwit so it can show it's benefits.

And I think the only way it was possible to force companies to implement Segwit in their services was to reject the Segwit2X fork.

Companies usually first think about their money.
So what is cheaper for them?
Increasing the block weight where they don't have anything to do or hire some developers to implement Segwit in their software.

Of course the companies decide to go the easy and cheap way.

With the Segwit2X I think we would have temporarily solved the full blocks end of last year but I'm quite sure that nearly no company would have implemented Segwit on their side as everything is fine even without using Segwit.
Without the overfilled mempool end of last year (which might be caused by attacking the network with spam transactions), I also think that Segwit adoption by the big companies did not happen that "fast". Because of high transactions fees they were forced to implement Segwit and batching transactions to maintain their businesses.

Therefore I can completely understand that lot of people (including lot of Bitcoin Core team members) were against a block weight increase for now.
But I don't see this rejection of the 2X as "they are against an increase forever".

So in short. Segwit need to get adopted which would be much slower if also a block weight increase happened.
After adoption of Segwit and other soft fork scaling solutions I'm sure we will see also an increase of the block weight (maybe not in the near future, but it will come).