My question is simple. How much block size we need to have transactions like visa or like paypal etc or to compare with all of them together? Is this real that we need to have a block size above 1gb only to have the visa transactions?
Is ever this possible to happen? And how many forks we need to have to get to this block size?
I think the fork system to correct the block size problem for transactions is in the wrong way. We all know that bitcoin was not creating to replace every day payment and we cant to do this unless we drop it decentralized system. Only with a big central database bitcoin can handle so many every day transactions.
You are getting way ahead of yourself. Lets just deal with this 2mb Bitcoin Classic Fork, get some experience and real-world data with a relatively minor and simple hardfork, and THEN we can move on to tackling even bigger scaling issues.
And it may very well be that Bitcoin NEVER reaches those dizzying heights. But my guess is that as long as we can get through the current period of brief stagnation - and we can begin to move forward in slow and sure steps, carefully and learning as we go, then as time goes by we will step with a clearer footing, more surefooted, and then at a quicker pace, a brisk walk, soon jogging, and maybe eventually at a runners pace.
But let us not get bogged down in contemplating steps that are not even in sight yet. Slow and steady, ever forward.
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