Topic: Bigger blocks coming in release 0.11 - page 5. (Read 4732 times)
except the size was already ok before gavin changed it once already, now it's being changed again and will need to be again down the road instead of allowing the network to decide (miners) he's taken it upon himself to set hardcoded limits where there was none originally.
Okay. This may be a stupid question, but I'm going to ask anyway. Are bigger blocks good or bad? And why would they be good or bad?
When the time comes, if we want to take over the world (that's having the volume of transactions of say VISA, or all of them combined -mastercard, paypal, etc etc- we'll need a bigger block size to not saturate the blockchain. The problem is, as far as im concerned it would require a fork, so 2 Bitcoins would exist if some of the stuck up idiot purists don't abandon the 1MB blockchain. Correct me if im wrong.
About time! Anyone whining about this need to get their marbles examined.
The blockchain size is already turning into a serious problem... Don't speak with such a vicious tone when you don't know what you are talking about.
Okay. This may be a stupid question, but I'm going to ask anyway. Are bigger blocks good or bad? And why would they be good or bad?
Bigger blocks allow more transactions per block, if the size stays at 1mb you may make a transaction and instead of the 10 minute standard you may be queued for the next block so it will be longer for any confirmations to hit, it does make the blockchain bigger but only by the size used per block, so it will scale slowly.That makes sense. Thank you for answering my question.
increase block size may injured bitcoin node ... because of the pollution of trading (high trading).
people that need speed ... must build sidechain (or offchain strategy like bitpay ou coinbase).
i don't agree to increase block size except if it has a limitation ... (like 10MB).
people that need speed ... must build sidechain (or offchain strategy like bitpay ou coinbase).
i don't agree to increase block size except if it has a limitation ... (like 10MB).
About time! Anyone whining about this need to get their marbles examined.
Okay. This may be a stupid question, but I'm going to ask anyway. Are bigger blocks good or bad? And why would they be good or bad?
Bigger blocks allow more transactions per block, if the size stays at 1mb you may make a transaction and instead of the 10 minute standard you may be queued for the next block so it will be longer for any confirmations to hit, it does make the blockchain bigger but only by the size used per block, so it will scale slowly. 
It's better to be proactive than reactive, there's a ton of discussion about the "why" already out there.
Okay. This may be a stupid question, but I'm going to ask anyway. Are bigger blocks good or bad? And why would they be good or bad?
For what purpose is the bigger block? Why is there a need for a 1 megabyte block, the blockchain works fine like now?
Blocks only get big when there are many transaction in them, so how could a miner create a bigger block without that much transactions
Blocks only get big when there are many transaction in them, so how could a miner create a bigger block without that much transactions
Get ready, it's coming...
http://gavinandresen.ninja/time-to-roll-out-bigger-blocks
http://gavinandresen.ninja/time-to-roll-out-bigger-blocks
Quote
I’m going to submit a pull request to the 0.11 release of Bitcoin Core that will allow miners to create blocks bigger than one megabyte, starting a little less than a year from now.
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