Circa 2014 the block size wars took bitcoin by storm.
Eventually after a lot of drama that has been well documented elsewhere (
I made my own attempt documenting a time line of the blocksize wars, its outcomes and conclusions here).
But I'm starting this poll in hopes of getting the community's opinion. So for this post I'll not go through my opinion in the OP.
Please feel free to answer the question in the poll and even better if you can also explain your answer.
Back in 2015, and after the adoption of a compromise in the form of SegWit, the topic of the block capacity was very taboo.
Well, we're in 2023 now, and for different reasons congestion is still an issue. Increasing the capacity of bitcoin blocks could potentially be a solution to the issues of high fees and congestion.
So I think it's worth exploring what people think about this issue. Please share your thoughts below.
There's nothing inherently wrong with bigger blocks. But its not a real solution to anything, it's at best a temporary partial solution. You don't get mass usage through big blocks, all you'd get is a weak broken blockchain. It also requires a hard fork and the continuity of Bitcoin's blockchain being backwards compatible is kinda important. If one day the community decides for some reason to do a hard fork upgrade then I'd be fine with like a 2x or 4x increase in blocks, as I don't think that'd be enough to really have negative impacts, but it's not a real solution to much at all, maybe at best it would help miners in the decades to come when the coinbase reward gets low. Bitcoin capacity is reached off-chain, not on-chain. Off-chain solutions are the only real solution to mass adoption. This is why the community chose segwit, while those who thought a weak bitcoin would be okay created altcoins like BCH and BSV, which are useless random tokens no different than thousands of others.