Tom Harding [ARCHIVE] on Nostr: 📅 Original date posted:2015-08-06 📝 Original message:On 8/6/2015 7:53 AM, ...
📅 Original date posted:2015-08-06
📝 Original message:On 8/6/2015 7:53 AM, Pieter Wuille via bitcoin-dev wrote:
>
> So if we would have 8 MB blocks, and there is a sudden influx of users
> (or settlement systems, who serve much more users) who want to pay
> high fees (let's say 20 transactions per second) making the block
> chain inaccessible for low fee transactions, and unreliable for medium
> fee transactions (for any value of low, medium, and high), would you
> be ok with that?
Gavin has answered this question in the clearest way possible -- in
tested C++ code, which increases capacity only on a precise schedule for
20 years, then stops increasing.
📝 Original message:On 8/6/2015 7:53 AM, Pieter Wuille via bitcoin-dev wrote:
>
> So if we would have 8 MB blocks, and there is a sudden influx of users
> (or settlement systems, who serve much more users) who want to pay
> high fees (let's say 20 transactions per second) making the block
> chain inaccessible for low fee transactions, and unreliable for medium
> fee transactions (for any value of low, medium, and high), would you
> be ok with that?
Gavin has answered this question in the clearest way possible -- in
tested C++ code, which increases capacity only on a precise schedule for
20 years, then stops increasing.