4 ms·
There is no crisis, consensus for the block size debate was reached quite a long time ago. The development community is in final stages of testing and QA for se
by nadaviv 10y ago
There is no crisis, consensus for the block size debate was reached quite a long time ago. The development community is in final stages of testing and QA for segregated witness, which would ~double the capacity of the network.
Also, I would not consider the divisibility of bitcoins as a fundamental feature of Bitcoin. Compared to the block size debate (which has effects on the decentralization of the network), divisibility is a pretty straightforward change that has little (none?) drawbacks and should reach consensus pretty easily.
- JoshTriplett 10y ago> The development community is in final stages of testing and QA for segregated witness, which would ~double the capacity of the network. A factor of two or four doesn't really solve the problem, it just puts off the problem. (The same thing goes for minor block size changes, really.) What will happen when the network needs 100x capacity?
- gnaritas 10y agoIt solves it for now, which tends to be how democracies solve problems, which is what bitcoin is. Fixing it permanently is how an engineer thinks, but that style of thinking doesn't work in a consensus network full of non-engineers. Kicking the can down the road is inherent to community based solutions.