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It seems to me it is. From Gavin Andresen, one of the original developers: http://gavinandresen.ninja/does-more-transactions-necessarily-mean-more-centralized h

by taysic 9y ago

It seems to me it is. From Gavin Andresen, one of the original developers: http://gavinandresen.ninja/does-more-transactions-necessarily-mean-more-centralized http://gavinandresen.ninja/does-more-transactions-necessaril... "So it looks to me like the actual out-of-pocket cost of running a full node in a datacenter won’t change with a 20 megabyte maximum block size; it will be on the order of $5 or $10 per month."

nas 9y ago
Blockstream has raised something like $76m. If you look at their business model and which developers they support, it doesn't take a genius to connect the dots. They really want side-chains to become both possible and economically necessary.
JohnJamesRambo 9y ago
That's nauseating. I have to hear all this vitriol over a silly difference like that? Why doesn't anyone just bring this up every time Blockstream talks? I feel like I'm in bizarro land.
- Taek 9y ago
  Because it is nonsense. What Gavin did in that post was napkin math that completely ignored all of the complexities of secure blockchain design. It's like a guy showing that we can get humans to Mars eailsy just by greatly increasing the amount of fuel in the rocket. Any rocket scientist would have heart attack if such a notion became broadly popular, because it's so naive. A lot of this debate can be summarized by saying that the popular opinion is being propagated by non-experts spouting incorrect ideas that seem correct to the general population because they are accessible, because they ignore the hard (but important) parts of blockchain design.
  - JohnJamesRambo 9y ago
    Well what are your numbers?