ABC doesn't look like it's getting bigger blocks anytime soon. Also the REASON for bigger blocks is very important. SV wants millions/day more txns on chain as soon as possible.
Actually ABC does have larger blocks on the roadmap. Bigger blocks dont make more transactions happen. It makes more possible. You need adoption to really increase the blocksize.
Blockstream has a solution for lightning routing "on the roadmap" too. Will you be forking off if "Bitcoin" cash remains at 32mb on the next non-emergency mandatory update?
Only if regular blocks were anywhere near 32 MB would I think the increase was needed. Considering ABC will handle big blocks better than any other blockchain it is clear they are best
Getting a random restaurant to take payments from hobbyists is not going to make up for the block reward halving. If we don't get butt tons of txns on chain ASAP Bitcoin WILL DIE.
Yes, and so as I was saying adoption matters more than the max blocksize. Blocksize talk is irrelevant if there isn't enough transactions to even half full the blocks.
Chicken and egg problem. There won't be any large businesses interested if it's not already demonstrably possible for them to put a half gig of txns on chain every day.
Not a chicken and egg problem at all. The blocksize is not what businesses look at when considering accepting Bitcoin. Adoption first increase the blocksize as needed.
Let me repeat, there will be NO massive adoption of Bitcoin as money until the price swings are within a small range year to year. It will be a commodity ledger first, or it will die.
Great, move the goalpost why dont you. I was correcting you when you said no one will accept Bitcoin untill the blocksize is increased.
You win. You're right. Small blocks forever!!
Yeah, that has nothing to do with BCH vs BSV. It is not big block vs small block in anyway. It is efficient big blocks vs inefficient big blocks.
Anytime it enjoys some uptick, they will split the chain and kill the momentum. They have no defined vision or definite roadmap.
What are you talking about? Who doesnt have s definite roadmap?
The normiest NPC answer possible, as expected. It doesn't matter if freaking Amazon accepts Bitcoin for payments, no one will use Bitcoin as money until the price stabilizes.
The price can only stabilize when the majority of coins are distributed between people. We need to create more demand for BCH first.
Right, the delusion is in the expectation that it'll be in demand for monetary usage any time soon. It won't! You need to be able to use it as a unit of account.
Which is completely irrelevant to what we were saying. You were saying no one would use Bitcoin until the blocksize was increased. I said we need adoption first.
Codebase is the same. Limit is 500x over the demand. Certainly enough until next year. About millions tx/day, from where, who do you think is so eager to use the blockchain?
Remember that you're using the future uncensorable twitter? There's a few tens of millions+ of txns/day more. Need I go on? How do you expect miners to pay their bills with no volume?
Fincen companies need secure ledgers, right now that mission critical infrastructure is very expensive to maintain. SV can do it 2 orders of magnitude cheaper.
My buddy works for a medical robot company that wants to use a blockchain for secure diagnostic sharing globally, the fastest/cheapest way will of course be op_return txns on SV.
There's a guy here in Tokyo who is putting all land registries on the planet into the blockchain and using a searchable database that's quicker and easier than any government's.
