>thinking block size needs to stay the same - 80-100 IQ
>thinking we should just increase the block size - 100-110 IQ
>thinking that the block size needs to stay the same - 110 IQ
>realising that the block size probably should have been increased by 20-50% before the fees got too crazy as a last resort but no more - 120 IQ+
Prove to me this is wrong.
not knowing or caring about block size - infinite IQ
>no blocksize limit = 180 IQ+
>making options 1 and 3 the same - 70-80 IQ
>not understanding double spending
>not understanding ghost blocks
m'big block gang
fuck you dumb greedy shills
This. Nobody with more than 2 brain cells to rub together takes bitcoin seriously anymore. It was funny watching it all implode for a while but now it's just sad and boring.
Every bandwidth can easily handle 1 TB blocks.
>converting to an asynchronous model where everyone signs and verifies other transactions to broadcast their own - 200+ IQ
block size should increase proportionaly to the bandwith and storage capacities of the WORST nodes
so by now 1mb + segwit is enough, but soon it should increase to 2mb, as Africa invests in these new technologies (they're the worst nodes I mentioned)
>be a small store
>want to accept bitcoin
>must run fullnode in order to accept zero conf tx. or customers have to wait 10 mins for block to verify so i can confirm tx
>mfw 1 TB blocks
>have to spend $200 every ten minutes just on STORAGE to keep up with the blockchain
retard. that doesnt even come to the fact that even with 1 mb blocks, orphans are already at a 1% rate. I can only imagine how bad it is on BCH
Isn't this how IOTA was SUPPOSED to work?
U need to run a full node to accept zero conf?
>hurr durr let's have huge blocks so that we have to have infinite amounts of storage to run a node. surely that's democratic and decentralized because everyone can run a node that way. not to mention the unlimited bandwidth everyone has too.
Small stores will not run their laptop nodes. They will still be able to use the network with no issues.
>breaking the space-time continuum to create negative-infinity sized blocks that fully propagate before they are even found - 850 IQ
>muh precious raspberry-pie nodes
Maybe. They have so much other bullshit that doesn't make any sense who knows. I heard that their supposed "IOT" node requirement is multiple GBs. They don't seem to design anything intelligently.
Buzzword salad based posturing. Nothing more.
>muh ternary logic
135+ IQ: Realizing increasing the blocksize is a necessary component of long-term scaling and knowing that since most Miners can afford storage so centralization is not an issue
150 IQ + : Knowing that block propagation is actually the real difficult problem, not storage
yes. how else are you supposed to confirm it's a legit tx if you cant compare to your own utxo set. otherwise every customer would just defraud you. you can do it fine if its in a block, because an SPV node can just get the merkle hash and verify, but if its zero conf, you need a full copy of the blockchain.
brainlet
why do you need the mining aspect to be democratic? it needs to be secure from an attack and remain on a trustless base. does democratic mining accomplish this?
>supposed to confirm it's a legit tx if you cant compare to your own utxo set
By sending it to a commercial node that has interest in having a valid UTXO set.
>thinking scaling only enough for the people currently using the chain is a good idea - 60-70 IQ
sounds very decentralised, i'll take 100k
he fell for the decretralized meme
Enjoy your raspberry pie, lowest common denominator, capacity network.
>increasing the block size so fees don't get too crazy, while working on other scaling solutions meantime
>9000IQ
moving from blockCHAIN to blockDAG
infinite IQ god
>having blocks the size of the busy beaver number - imaginary 5-D IQ
Nah, small blocks were needed to get exchanges to be more efficient. Not batching creates too many uxtos that have to spent again (and it's multisig).
And it's amazing how big blockers keep bringing up their storage strawman. What matters is the time it takes for an initial sync and the cost to maintain a running node. Old blocks can be pruned because you already verified it.
The blockchain is about 200gb and initial sync is already slow. At 1.8mb, it adds 95gb per year, so initial sync would take 50% longer in a year with 1.8 mb blocks. Tech doesn't improve that fast, we'll just end up like ethereum.
Yeah exactly and their single product can't actually run on IOT devices.
block size of 1bit/10s
when?
>Having blocks the size of a large cardinal number - Rick and morty watcher level IQ