Peter Todd [ARCHIVE] on Nostr: 📅 Original date posted:2013-03-13 📝 Original message:On Wed, Mar 13, 2013 at ...

📅 Original date posted:2013-03-13
📝 Original message:On Wed, Mar 13, 2013 at 01:01:43PM -0400, Gavin Andresen wrote:
> > The very statement that we're willing to increase the blocksize as our
> > solution to increased transaction volume rather go down the path of
> > off-chain transactions is incredibly controversial.
>
> I really don't understand this either/or mentality.

You said it best yourself:

10:48 < gavinandresen> Luke-Jr: argument for another day, but I can
almost guarantee that the blocksize limit will be raised in less than 2
years, just based on pressure from the big businesses using the chain
(and no, NOT satoshidice)

Decentralization offers big businesses nothing; they're a regulation
target already by virtue of size alone.

> OF COURSE we're going to raise the block size limit. Limiting the main
> blockchain to single-digit transactions-per-second is not an option,
> the vision FOREVER has been to scale it up.
>
> And OF COURSE there will be off-chain transactions-- at the very
> least, we need them for "instantly confirmed" transactions.
>
> But lets table that whole discussion until 0.8.1 is out the door.
>
> --
> --
> Gavin Andresen
>

--
'peter'[:-1]@petertodd.org
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