Damn...
From Franky1 I read the first arguments against LN in a while...
I never went deep into those technical questions, mainly because it's very hard to find objective source of data, most threads talking about it are either for or against it but rarely objective.
Though you're talking about block size rise, saying consensus will make it able to grow only to an acceptable size for the network.
One question though:
1/ Don't you think it can be only a short term solution as if I remember the maths correctly (which might not be the case), if it's easy to double the size of blocks, considering current adoption rate it would require to double size something like every 6 months no?
6 months? based on?... oh wait the theory that bitcoin will have 7 billion users by midnight tonight. (blockstream centralists doomsday distractions)
also core themselves now deem 8mb safe but prefer 4mb in mid 2016 wait to stay below safe.. but while they stifle legacy transactions by halting them at 1mb.. the rest of the community see that the communities compromise of 2mb last year should have been allowed all along now that blockstream backtracked.
if we went with your 6month growth imaginary target, lets throw that into a scenario:
so imagine 2mb happened mid 2017.
we can go to 3mb start of 2018.
4mb mid 2018....
and re-evaluate the 'safety' of 5mb, 6mb, 7mb. 8mb.. which would be 2 years after core admit 8mb ok but 4mb super safe.
funny thing is:
millions of people UPLOAD livestreams without issue. requiring 750k
bit/s upload.
=93.75k
byte/s =56250k
byte/10mins = 56m
byte every 10 minutes
even satoshi himself knew this in 2009 but went with a 32mb hidden ultimate limit concerning the max data / 'messages' bitcoin would transmit, to avoid packet loss.
but later in 2009 added 1mb rule. not due to bandwidth and not due to bloat.. but due to spam tx mitigationyep bitcoin can handle more. but core want to limit tx count purely to limit tx count.. nothing more
funny thing is:
even bottomline computing that could handle bitcoin in 2009-2016 = Raspberry Pi1
but things have moved on since 2009
raspberry Pi3 and also bitcoins own efficiency tweaks (libsecp256k1, etc) make current bottom line tech able to handle 25x legacy(old) data specs..
as for the storage of data.. do i need to paste in the fingernail size of the last 8 years of bitcoin data (128gb microsd) and do i need to paste in a hard drive thats under $100 that can store much much much much more