What I mean is: Blocktime = 2.5 min and Block size of say 15-20 MB might be a problem for some nodes if they are located in a 3rd world country or developing country due to lack of internet speed. Don't you agree?
Didn't Satoshi later reduce block size to 1 MB due to this issues?
No, he reduced it cause Hal kept busting his balls about it.
2.5 minutes is stable and it will raise the effective blocksize from 10MB to 40MB.
Not to mention they’ll mine out all remaining coins by probably 2020, another huge advantage over Bitcoin.
What is the advantage of having all coins mined?
Off the top of my head, a few are:
- Better fungibility
- Faster block propagation
- Easier global [tax] regulations