4 ms·
1) Still, a lot lower than required. Blocks became full like a year ago (see http://i.imgur.com/d7fwVnd.jpg http://i.imgur.com/d7fwVnd.jpg ) and after that mome
by out_of_protocol 9y ago
1) Still, a lot lower than required. Blocks became full like a year ago (see http://i.imgur.com/d7fwVnd.jpg http://i.imgur.com/d7fwVnd.jpg ) and after that moment fitting transactions within 1MB limit means someone's stopped using bitcoin (me included :( ). +500kB is not gonna change that anyhow ( +1.1MB x 50% adoption). even +1.1MB not nearly enough.
> but one that is sufficient for now
not really - see above.
2)
> The technical, business and wide bitcoin community are all looking forward eagerly
Do they understand segwit activation provides zero benefits at moment of said activation?
3) Overall, we're in the stage of planned bitcoin deconstruction. Gladly, there are no way to kill cryptocurrencies - even if bitcoin going to die, someone else will take it's place (related: see "bitcoin market share" chart)
P.S. We're talking about wrong problem. "How exactly 2MB blocks should be implemented" is surely wrong direction of talks. Yet we're here for like two years and counting. Whole ecosystem could be progressed by a lot during this time