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Topic: Eliminating the block limit - page 2. (Read 948 times)

legendary
Activity: 3430
Merit: 3071
September 15, 2015, 08:45:04 AM
#2
No. Incentivizes the miners to form a cartel, i.e. centralising pressure.

Shall we just have transaction flooding attacks forever, and impossibly expensive transaction fees? It won't work.

Some set of rules need to be put in place to let the block size float freely, but disincentivise the miners to game the system.

Then, the limit can be removed.
legendary
Activity: 2044
Merit: 1008
September 15, 2015, 08:41:21 AM
#1
Very interesting and i like it, no block limit allows for Bitcoin to grow much more and big institutions can join the network. Even 8 MB is ridiculously low and won't give Bitcoin a real value as an online payment system.

https://www.reddit.com/r/bitcoinxt/comments/3kz5vo/gavin_andresen_at_2300_minute_mark_in_my_heart_of/

https://www.reddit.com/r/bitcoinxt/comments/3l0ylf/proposing_bitcoin_core_unlimited/
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