Topic: The question Gavin and Hearn cannot answer - page 2. (Read 1468 times)

This is exactly the point I've been trying to make, yet we have users like hund spreading FUD all over the forum.

franky1 - So your solution is to increase it 20x, but you are at the same time saying it wont be needed? That is the most riddiculous statement I have ever heard. You are prepared to allow something to break, yet realizing we wont need the 20x increase?

Data size is exploding everywhere, not just in block size. It currently seems like a natural evolution to me to need more storage capacity OR find a way to compress the data without losing information.

the blocksize limit is not a problem.
the 1mb limit "suggests" a 52gb bloat per year potential. so complainers like you would "suggest"  bitcoin would be well over 100gb by now.. yet it is not.
bitcoin has less data then the new GTA5 game. and yet millions of people have downloaded and installed GTA5 without crying like a little baby.
infact bitcoin data can fit on something the size of your fingernail


even after an increase to 20mb. the "suggested" potential blocksize will still be small enough to fit on a hard drive that can be bought for 25% the cost of an iphone..
and be able to store that data for a couple years....

yet millions of people happily and without crying spend 400% of that same hard drive size, upgrading their phones without concern.

thus its not a cost or size, or effort for people to store bitcoin data. it is just a naive and stupid mindset of people that have no clue and no desire to be a node and want to find any lame excuse they can to avoid being part of the network.
these same lame people probably have never spoke to their local retailers about the benefts of bitcoin. never even got a single business to accept bitcoin. and have no desire to hoard bitcoins, because all they want is free faucet grabs /play the markets to then sell back to fiat.

so will all the fiat lovers who are not bitcoin nodes, who have not got any businesses to accept bitcoin. please keep your comments to yourselves

20 blocks will not kill bitcoin, that is pure FUD - sorry.

http://gavinandresen.ninja/does-more-transactions-necessarily-mean-more-centralized

Yes I know that Satoshi did not put a limit on blocks, I was there back then. But you have to understand that back then things were much different. It was not until the MtGox fiasco where Bitcoin crashed from 30USD to 2USD when we all realized Bitcoin was finally getting traction. Before that it was a theoretical project between few people, and did not need these scaling issues to be considered.

We are here now, today, with a problem, and increasing the blocksize 20 TIMES over WILL kill nodes and WILL irrevocably destroy Bitcoin.

another thread   ... omg

did you know that there was no blocksize limit some years ago?


read gavins blog:

http://gavinandresen.ninja/bigger-blocks-another-way

#Vertcoin
#Primecoin
#Monero
#Dash
#Litecoin

Do you know about pruning?

Gavin and Hearns proposal for increasing the blocksize to 20MB is the ultimate way to destroy Bitcoin. For anyone that has the need to follow a "leader" and refuses to understand what the outcome of increasing the blocksize is, please read on.

Increasing the blocksize to 20MB does not solve anything in the long term. Neither Gavin nor Hearn can answer what they will do if the blocksize needs to be raised beyond 20MB at a later stage. Right now, what we are getting is a lazy fix, when we dont even need it.

Gavin has been screaming about the blocksize is reaching is maxiumum and that we need to increase the size of the blocks. Why we need to raise it TWENTY FOLD is not something Gavin can answer. Neither can he answer what he will do when 20MB becomes to little again. Raising it to 200MB?

Another huge problem about raising the block size is that the current amount of nodes we are having will start dropping even faster. People have been pointing out how we have lost nodes in the recently. Everyone agrees that this is because the blocksize is becoming too large. Now we are voting to increase the blocksize 20 times more?