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> the larger block size does mean it has higher chance of being centralized. That's actually false though. It really is that indisputably simple especially at
by etherael 9y ago
> the larger block size does mean it has higher chance of being centralized.
That's actually false though. It really is that indisputably simple especially at the on chain throughput levels being discussed presently. The medium of exchange use case does not compromise the store of value use case, it actually is a necessary component of it. Non mining full nodes are not an essential aspect of the security model, and were never intended to be. The core client is just bad. And the only reasonable actual excuse for the limiting of on chain scaling to the level forced by bitcoin core is because it's in the business interests of blockstream.
https://www.reddit.com/r/btc/comments/7c0f4x/what_is_the_long_term_scaling_roadmap_for_bitcoin/dpm8t1g/?utm_content=permalink&utm_medium=user&utm_source=reddit&utm_name=frontpage https://www.reddit.com/r/btc/comments/7c0f4x/what_is_the_lon...