4 ms·

Is this true? I believe there is a tradeoff but want a more in depth explsnation if possible

• maxander 11y ago
  As I recall (and this may not be the whole of it), the "tradeoff" was that a larger block size would risk getting attention from China's great firewall, effectively splitting the network and rendering Chinese users' funds effectively worthless. And it turns out a set of Chinese users have a controlling interest in the network currently... so yes, its a political problem par excellence. It occurs to me as I write that Ethereum may have similar problems down the line, when platform updates turn out to be direly needed, but would disrupt the operation of well-established and lucrative apps.
  • empath75 11y ago
    Also, the miners get more fees when the transaction limit gets reached.