Post
Topic
Board Bitcoin Discussion
Re: what would be the implications of reducing blocktime to 5m and size/reward by 2x
by
franky1
on 29/03/2024, 06:32:49 UTC
Sure this is possible but these type of proposals were presented about maybe 10 years back. You need to remember if you do this then the block chain size will increase and so will the required bandwidth. So what will happen is that it will take more resources to secure the network by node operators. Eventually the resources will be too much so node operators would stop providing the service.

dont be silly
the argument of blocksize cost is moot
when the trolls that want people to abandon bitcoin that say "dont increase blocksize", but instead say "just pay more $$ per tx".. they are the ones saying cost is not an issue

if people at basic use DCA transact say once a month.. thats $600 a year in jsut congested fee's
they dont have a problem with this and infcat promote its continuation..

.. yet they then try to say lies that a $50 hard drive is too much for 20 years of decentralising the blockchain of everyones transactions


think about it
if they think paying $50 for one congested tx is ok.. how is that better than paying $50 for a harddrive to store decades of everyones transactions
if they are ok with $50 then there is no "cost problem" of blockchains