Mike Hearn [ARCHIVE] on Nostr: 📅 Original date posted:2012-06-25 📝 Original message:> Very interesting for you ...
📅 Original date posted:2012-06-25
📝 Original message:> Very interesting for you to bring this up. I had a similar idea for a
> totally different use case. Greg recently pointed out an interesting
> dilemma saying that (significantly) larger blocks would lead to
> centralization.
Yeah. I am still unsure that this really holds. Bitcoin moves fast,
but even so, unless there are a few more SatoshiDice-like events and
the way people use transactions changes dramatically we're a long way
from gigabyte sized blocks. And once we get there, technology will
probably have improved to the point where it doesn't seem like a big
deal anymore.
Of course we have debated this many times already. Maybe again at the
next meetup :-)
📝 Original message:> Very interesting for you to bring this up. I had a similar idea for a
> totally different use case. Greg recently pointed out an interesting
> dilemma saying that (significantly) larger blocks would lead to
> centralization.
Yeah. I am still unsure that this really holds. Bitcoin moves fast,
but even so, unless there are a few more SatoshiDice-like events and
the way people use transactions changes dramatically we're a long way
from gigabyte sized blocks. And once we get there, technology will
probably have improved to the point where it doesn't seem like a big
deal anymore.
Of course we have debated this many times already. Maybe again at the
next meetup :-)