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It obviously depends on who you ask, this is an incredibly politicized issue, but core developers would argue blocksize is not bike shedding, but rather an impo
by zilchers 9y ago
It obviously depends on who you ask, this is an incredibly politicized issue, but core developers would argue blocksize is not bike shedding, but rather an important defense against centralization and censorship. I think the stat I heard is that at 1mb, and with some interesting distribution topology, the current speed of block propagation across the majority of the network is 250ms. So, this is obviously where things get tricky, one person’s bike shedding is another’s critical requirement.
- bufferoverflow 9y agoAnd where did this 250ms come from? Seems arbitrary.
- zilchers 9y agoI believe it came from this talk: https://www.youtube.com/watch?v=nSRoEeqYtJA https://www.youtube.com/watch?v=nSRoEeqYtJA And I think this is what Greg's referring to: http://bitcoinfibre.org/ http://bitcoinfibre.org/
- smokeyj 9y agoSo all scaling progress is stopped because of a youtube video? Yikes. There should be a law of bike shedding, where you don't realize you're bike shedding because omg it's the most important thing in the world.