Post
Topic
Board Bitcoin Technical Support
Re: [May 2024] Fees are low, use this opportunity to Consolidate your small inputs
by
BlackHatCoiner
on 24/05/2024, 10:50:58 UTC
Then we should reduce the space to 10kb, allowing only $10k+ tx because buying coffee with bitcoin is pointless, right?   Grin Grin
That's not what I said nor meant, though.  Wink

To be honest I would love for the ones being against bigger blocks would make up their mind and form a group so they don't go against each other cause I keep hearing contrarian arguments
To be honest, I would love if you could propose a solution to the problem other than complaining about it forever. Bigger blocks is not a solution, that's one thing for certain. If you still think it is, then you're delusional. If you rise the block size limit, then you're destroying the fee market competition, which is your only source of income as time goes by. And that's without even mentioning other issues that arise with that decision.

- "B-b-but, isn't 10 or 20 MB enough to sustain the fee market while alleviating the scaling problem?" Maybe, but that's what you do: you alleviate it, you don't solve it. It will still be expensive and extremely slow for point-of-sale.

So, I'm all ears. What's the solution since merely changing a block size limit constant won't resolve the issue?