Post
Topic
Board Bitcoin Discussion
Re: Any idea when the Bitcoin Mempool will stop being so congested?
by
GGUL
on 02/11/2020, 11:08:30 UTC
Nope, there is no such decentralization... that is only twitter based brain wash args by core / Blockstream


Easy to say for you, but have never provided valid proof.

Just as there is no valid proof that increasing the block necessarily leads to centralization.  Smiley

But we have excellent proff that the current block size leads to centralization for users.

Millions of new users can't use the blockchain because they simply don't fit in. And to use bitcoin, they must cooperate with custodial services. They have no other option. Coinbase, with 25 million users, demonstrates this perfectly. 25 million !!! This means that half, or even more than half of users, use bitcoin through a centralized service.

Bitcoin is turning into a network of "bitcoin banks", where users trust their funds to them, and the blockchain for transfers is mainly used by"banks".