Post
Topic
Board Bitcoin Discussion
Re: Any idea when the Bitcoin Mempool will stop being so congested?
by
ETFbitcoin
on 02/11/2020, 11:19:21 UTC
Just as there is no valid proof that increasing the block necessarily leads to centralization.  Smiley

Just imagine if you need million dollar to run a node and only bank/huge pool can run it Cheesy

P.S. i don't disagree with block increase as long as hobby user/enthusiasm can run a node with reasonable cost.

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.

Do you forget side-chain, off-chain and tokenization?