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This hopefully throws some context on the scaling debate. The giant fight, a fight from 1MB to 2MB, would allow Bitcoin to scale from 20 million monthly users,
by tfha 9y ago
This hopefully throws some context on the scaling debate. The giant fight, a fight from 1MB to 2MB, would allow Bitcoin to scale from 20 million monthly users, to 40 million monthly users.
It's not a big upgrade. Any exec at Facebook, Snapchat, Uber, etc. would laugh you out of the room if you suggested that we should have a company-splitting and devastating debate that sidetracks development for 2 years over scaling the platform from 20 million to 40 million users. It just doesn't make sense.
Which is one of the big reasons the small blockers resist the 2mb hardfork. For all the pain that this debate has brought about, there's very little upside in the grand scheme of things. We scale Bitcoin from an insignificant number of users to still an insignificant number of users.
If we find a scaling solution, it's going to come from somewhere else.
- stephenbez 9y agoFWIW, the block size of Bitcoin Cash is 8MB not 2MB: https://www.bitcoincash.org/ https://www.bitcoincash.org/ "As a first step, the blocksize limit has been made adjustable, with an increased default of 8MB. Research is underway to allow massive future increases."