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Topic: The Answer to the 1MB BitCoin problem! - page 3. (Read 2136 times)

sr. member
Activity: 1400
Merit: 269
March 19, 2017, 02:01:49 AM
#4
Increasing the size of the block would be a one way ddos attack to the blockchain network that's why core devs refuse it.
It would flood the blockchain network with terabytes of data and that's very very bad news for Bitcoin. Segwit is our only salvation
hero member
Activity: 605
Merit: 500
March 19, 2017, 01:53:10 AM
#3
Well, OP plan seems to be BU since it offers flexible block size adjusted with the need.
legendary
Activity: 1302
Merit: 1004
Core dev leaves me neg feedback #abuse #political
March 18, 2017, 10:51:22 PM
#2
not 100% clear on your plan but the core team has refused to increase block size for years.
They only want to scale according to their own roadmap, no matter how good your plan is.
They are decidedly against on chain scaling by design.  That's why BU became necessary.
full member
Activity: 246
Merit: 102
March 18, 2017, 07:32:05 PM
#1
BitCoin price is going to fall if there is not a Unanimity Answer to the problem.,

The problem is the 1MB limit for each block...
The problem was caused by inflating artificially the Network difficulty..

For example: Today the BTC Network has 500x more power than all the Top500 super computers combined...
BUT... there is a delay, a waiting line of confirmed transactions caused by the 1MB block size limit...

In one corner some people say that 70% of miners in the world should unite and make a limitless block chain.
In the other corner, other propose a more efficient block, like .mp3 or .flac to .wav

But IF there is Not a Unanimously decision, BitCoin will Split, in Two different coins, one side claiming the other is the fake... and price will plumb.

All efforts Will Be Lost...

The ONLY ANSWER is increasing the real difficulty, from 1MB block to 2MB, until there is no delay or waiting lines.
And increase again when delay in confirmations happens again.

Think about it...
It's the the ONLY ANSWER.

Please share...
Vote with a Reply if you Agree.
BTC price/a$$/future is on the line. LOL. Jajajajajajaja
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