1) You could limit the transaction size while still increasing the blocksize.
It's not a matter of 'could' or 'could not', but rather a matter of "should" or "should not". I disagree with those limitations.
If you limit the transaction size to 1MB, nothing changes from having a 1MB blocksize without a transaction size limit.
Who would ever need to fill an entire block with 1 transaction?
You are just disagreeing for the sake of disagreeing at this point.
2) ETH did fine.
We're talking about Bitcoin, not a mutable shitcoin.
That doesn't mean you can't look at other coins as an example. The main use of altcoins is to be a testbed for bitcoin, so that bitcoin can learn from their successes and mistakes. To prevent havng to make the same mistakes, while still benefiting from their successful projects.
If bitcoin can keep up with the successful implementations of altcoins, while avoiding their mistakes, there will never be a reason for any altcoin to overtake bitcoin.
However, if we stick our head in the sand and ignore altcoins altogether, some altcoin will eventualy shove bitcoin aside as old-fashioned and out-of-date. (Bitcoin would become the myspace of crypto)
3) Few shops actually directly accept bitcoin without an intermediary. Those intermediaries should be bitcoin-savvy enough to prevent damage to the merchants. Those merchants that do accept bitcoin directly probably know enough about it as well.
This argument has no relevance to what I said. You don't know how long it takes for those "intermediaries" to upgrade and test their custom implementations (hint: 28 days is ridiculous).
It does. You can't just say this every time someone disproves your statements.
4 & 5) The increased costs is only marginal.
A minimum of 2x increase is "marginal"?
First of all, technology has become much cheaper in the past 6 years (on average at least). And besides, who really has a hard drive measured in gigabytes anymore?
Do you have any idea how long it takes for a TB to fill up on blocks of just a few MB? FYI a TB is a million MB.
Even a year worth of blocks only takes up a fraction of a home computer. Not a server, a regular home computer (even a laptop). If we increase the blocksize, it would only take up a larger fraction, but still it doesn't even fill an entire disk. So it would not actually cost anyone anything, unless their hard disk is already full. But even if someone's hard disk was full, he'd soon need a new drive anyway, because even without bigger blocks he'd run out of space soon.
And since no one is going to buy a hard drive of less than 1TB anyway (are they even sold anymore?) your argument is mood.
Even worse with network. Does anyone seriously have a bandwidth so low that 266kb/s is a problem? (that would be 20MB blocks).
rol)
i laugh at your mindset
'big blockers want 2mb' ........ (core wants 4mb)
'big blockers have a secondary barrier of 16mb' (core has 32mb)
easy maths question.
2 and 16.... or 4 and 32. which is perceived as the real big blockers?
You're forgetting the part where they claim we want bitcoin to be a "get rich quick scamcoin"
Because obviously the only reason we want bigger blocks is because a bigger block would magically cause the bitcoin price to become 20 times higher, which also is a bad thing.
what actual costs..
1 MB of data per full block -> 2 MB of data per full block. This equals to 2x increase.
oh i forgot you dont have a real node running on a home computer. you have an online AWS node with only probably 100gb storage
My node is not on any online service. Stop spreading lies.
try splashing out $300 and run a real node for once and be part of the decentralized network. that $300 will last you over 10 years
$300 won't last you 10 years.
Core's official roadmap claims to have Segwit and LN active in April/July 2016 respecitively
Both are false. Core did deliver Segwit in April, but there was no mention of activation by that time. "LN active" is a pure lie. There are other groups that are developing Lightning.
In my opinion, people make way too big a deal about an increase from 1MB to even 2MB, while 2MB blocks don't even hurt anyone (heck, even 20MB blocks wouldn't hurt anyone).
Statements like this one make people ignorant fools by default.
You don't pay for data directly, most people already own a computer, and they use nowhere near 100% capacity on their internet nor on their hard drive.
Increasing the maximum block size doesn't change this (unless you increase it to terabytes, but am not asking for terabytes)
Besides, not every block will be full anyway. Every block is full now, but the whole point about bigger blocks is that not every block should be full in the first place (there needs to be some headroom).
I don't know about you, but we haven't paid per MB of internet usage since the 90s. Or were you using your mobile phone as a node with cloud storage? Because in that case, you're doing it wrong.
By the way, a $300 computer can last you 10 years easily, you're not using it for gaming, you're using it as a node.
Also, where is segwit then? And if t's already deployed like you said, then why are they promising to deploy it in 2017 now? It's already active right?