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> Developers can’t simply increase this limit without impinging on Bitcoin’s decentralization Can someone explain this to me? What does increase in transactio
by ranguna 5y ago
> Developers can’t simply increase this limit without impinging on Bitcoin’s decentralization
Can someone explain this to me?
What does increase in transaction limit has to do with decentralisation?
- londons_explore 5y agoNot much. The transaction limit requires consensus of miners to increase, and miners prefer to keep the transaction limit small to maximize transaction fees. Arguments about larger block sizes making it hard to run a full node because you'll need a faster internet connection and hard disk size are mostly moot, since it's only really necessary for a small number of non-colluding parties to run a full node to keep the network functional and useful.