From year+ now this limit is NOT working as protection at all. There is just "too many" transactions to fit in 1MB.
This isn't a valid argument to increase the block size limit. If this was an valid argument, then anyone could push a scenario where it is required to keep raising the block size an *infinite* number of times by creating "too many" transactions (at each upper limit).
Block transmission is now done by header/gentx/tx list, not as full block data.
Whilst this is a very nice improvement, it has zero relevance. If you have a node with open ports, you will be straining yourself with upload bandwidth not download
Block pruning allow run full node on about 20GB HDD space.
Firstly, a client which has pruning enabled is
not a full node, it is a
pruned node. Secondly, it requires ~4-5 GB of space (not 20 GB). You don't even know what you're talking about and you are making demands!
1MBit connection allow to transfer over 100tx/s (1:4 in/out), block can be like 15MB on that connection.
Which leaves us with.. 0 seconds for validation? You really have no idea how Bitcoin works.
There is a technological problem to make bigger blocks.
FTFY.
When SegWit start it probably will take another year to popularize SW transactions, LN and/or sidechains.
Speculation on SegWit. The popularity of Segwit has nothing to do with the popularity of the latter two.
Think, how it is possible that "better" idea as SegWit have LESS support in miners than "worse" BU? Why over 30% is not decided?
Simple: Someone or a certain group of *someones* has been lobbying miners and feeding them FUD how LN would steal all of their fees and how Segwit == LN. Both claims are absurdly false.
IF Core merge ANY code that raise block limit along witch SegWit, it will get 95% in no time. If not - I (and not only I) see no chance to activate SegWit.
No, that is most certainly not the case. From what I understand Ver, he wants to *fork away* from the Core contributors are any cost.
To me it seems like maybe three currencies could be the way forward;
1) bitcoin as it is running right now; it gets the legacy but with no development team to love it
2) SegWit, a new wonderful currency with loads of followers and a strong development team
3) the bigger/dynamic/adaptive block guys, a new wonder currency with loads of followers and a spirited development team
There really is only one legacy, right? We can't have two currencies both considered to be the proper descendent of the original Bitcoin, right?
No. There will not be three currencies. If the BTU folk fork away, it is highly likely that Segwit would be activated very soon after that (be it with BIP9 signaling or UASF). In the case of two currencies, the latter, also known as BTU, would be an altcoin.