4 ms·
I didn't know it was that bad. That couldn't scale to a small city =/
by tapland 7y ago
I didn't know it was that bad. That couldn't scale to a small city =/
- deleted 7y ago[deleted]
- once_inc 7y agoThat is the price to pay for decentralization. That said, further optimizations will increase the number of transactions per block, and second layer solutions can scale bitcoin to a vastly larger size.
- trickstra 7y agoDon't listen to him. The whining about small blocks is just a narrative BCH folks want to push. Yes, it's true that currently bitcoin blockchain processes about 7 transanctions per second. But mempool is almost empty, 1sat/byte transactions go into next block - there really isn't any pressure to make blocks bigger right now. No emergency. And making blocks bigger comes with a big risk of spammers, so if we have other alternatives, we should take them. By the time people need much more than 7 transactions per second lightning will be fully usable, so there really isn't any problem.
- varvar 7y agoName checks out. No I don't think it's "just whining", and not everyone criticizing the obstructionist enforcement of small block size is part of the BCH team. Thats ridiculous. It's plain for everyone to see and converse about. Framing it as one team vs another is divisive and blocks honest conversations.