Topic: [2015-12-30] Solving The Bitcoin Block Size Debate With A Two-Pronged Proposal (Read 268 times)
December 30, 2015, 01:36:46 PM
At least we should implement 4MB block size by the middle of next year. That will increase the value of bitcoin as more transactions can be done.
December 30, 2015, 12:52:59 PM
"In addition, it looks like Segregated Witness is more about fixing the transaction malleability system than having to do with the Bitcoin block size debate. While it is important to address transaction malleability sooner rather than later, a solution has to be found to solve the block size debate at the same time, without resorting to the semantic game.
There is no reason a small block size increase can’t be done – it takes a minor alteration to the existing code – and implement Segregated Witness afterward. Keeping in mind how a small block size increase has nearly identical disk footprint requirements compared to segwit, and can be implemented in a much shorter time frame, this approach seems to have a certain merit."
that is called a "compromise". some core devs like Peter Todd dont seem to know that word
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There is no reason a small block size increase can’t be done – it takes a minor alteration to the existing code – and implement Segregated Witness afterward. Keeping in mind how a small block size increase has nearly identical disk footprint requirements compared to segwit, and can be implemented in a much shorter time frame, this approach seems to have a certain merit."
that is called a "compromise". some core devs like Peter Todd dont seem to know that word
. December 30, 2015, 11:34:05 AM
As much as most people would like to think otherwise, the Bitcoin block size debate is far from over. Various new proposals have been suggested in the past, and another interesting concept was posted on Reddit earlier today. According to this user, a small block size increase should be done first, followed by the integration of Segregated Witness. Addressing the key issue as soon as possible should be the top priority for all Bitcoin developers.
http://bitcoinist.net/solving-the-bitcoin-block-size-debate-with-a-two-pronged-proposal/
http://bitcoinist.net/solving-the-bitcoin-block-size-debate-with-a-two-pronged-proposal/
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