Post
Topic
Board Development & Technical Discussion
Merits 1 from 1 user
Re: Will Bitcoin EVER have a bigger blocksize? Is there hope?
by
bitmover
on 16/11/2019, 15:17:17 UTC
⭐ Merited by cr1776 (1)
It is absolute clear that all the arguments against increasing the blocksize are not justified, at least not anymore considering the current miner landscape.

Arguments against block size increase are based on decentralization[1] and alternatives such as Segwit, which will reduce transaction size instead of block size (which will be able to achieve the same result without increasing centralization)

[1] as satoshi said
Quote
https://bitcointalk.org/index.php?topic=532.msg6306#msg6306
 The more burden it is to run a node, the fewer nodes there will be.  Those few nodes will be big server farms.  The rest will be client nodes that only do transactions and don't generate.


If you don't care about decentralization, as you think it does not justify a reduced block size, you have two alternatives:
Use BCH  or Visa. I think Vista is much better lol

Visa can do 24.000 tps, while BCH is centralized and do only 60.