3 ms·
If the block size is increased, a lot more transactions will fit in a block, so transactions would get much cheaper. And while it's a great goal to have all mo
by Nutomic 11y ago
If the block size is increased, a lot more transactions will fit in a block, so transactions would get much cheaper.
And while it's a great goal to have all monetary transactions use Bitcoin, that is very very far from reality for now.
- exo762 11y agoI agree. Increasing block size to 4-8 Mb is probably safe. And it would encourage more adoption. At this moment, unfortunately, confirmation times are close to unreliable.