Scalling Bitcoin through increase in block size - page 2.

amishmanish

legendary

Activity: 1904

Merit: 1159

There have been a lot of posts and replies on this scaling issue. For example, here is a reply. There are a few Bcash shills in the topic too.

Quote from: crypto2rule on February 21, 2018, 01:22:24 AM

What if somebody could solve the concerns of decentralization in a larger block? How valuable this will be?

Solving concerns of decentralization with increased block size are mostly hardware capacity dependent. Hardware capacity vs cost ration is not expected to increase in the same way as the blockchain size with a increased block size.

That is why it is logical to go for scaling through innovations like SegWit and LN. An agreed upon blocksize increase can be done when other implementations have become mature and robust enough.

OmegaStarScream

staff

Activity: 3500

Merit: 6152

Quote from: crypto2rule on February 21, 2018, 01:22:24 AM

I see more and more comments about community losing patience with Bitcoin developments. One result of it was the creation of Bitcoin Cash which increased the block size of Bitcoin but it seems it is not enough. I wonder why they did not created from the beginning a block size of 100MB, 200 or maybe 300MB? Why limit themselves to 8MB? By having bigger block size wouldn't they fix the issues of speed and scalability...
I learned recently (here on a different post answered) that are concerns of decentralization as a result of larger block. What if somebody could solve the concerns of decentralization in a larger block? How valuable this will be?

To run a full node, you are required to download the whole blockchain and as years pass, the file will become much bigger (with a larger block) which make the average user unable to do it and this will leave us with only big corporations doing it (centralization). There will be a point where Bcash will face the same issues we used to face before SegWit so yeah, increasing the block size is not the solution for the long term.

SivaSankarSMS

newbie

Activity: 30

Merit: 0

Hello everyone , block size increase for bitcoin one of the result or otherwise ,but bitcoin is increase the growth in future.

crypto2rule

newbie

Activity: 4

Merit: 0

I see more and more comments about community losing patience with Bitcoin developments. One result of it was the creation of Bitcoin Cash which increased the block size of Bitcoin but it seems it is not enough. I wonder why they did not created from the beginning a block size of 100MB, 200 or maybe 300MB? Why limit themselves to 8MB? By having bigger block size wouldn't they fix the issues of speed and scalability...
I learned recently (here on a different post answered) that are concerns of decentralization as a result of larger block. What if somebody could solve the concerns of decentralization in a larger block? How valuable this will be?

Topic: Scalling Bitcoin through increase in block size - page 2. (Read 230 times)