Post
Topic
Board Development & Technical Discussion
Re: NFTs in the Bitcoin blockchain - Ordinal Theory
by
larry_vw_1955
on 20/06/2023, 13:58:42 UTC
I'm genuinely curious about what is so threatening about increasing the size by a factor of 2 or 4 for example.
I've yet to hear an argument about how doubling or quadrupling the size of the blocks will be a bigger threat than the spam attack that turns users away, the centralizations of mining pools of farms, the near monopoly in mining gear production, the already enormous percentage of nodes hosted in data centers, and so on and on!
Aren't the blocks already 2-4 times bigger thanks to the latest updates (SegWit, Taproot)?
if all the transactions are legacy, then the block can be 1MB max.  so it's not across the board...