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2146d · Bitcoin Cash
why not just drop the block-size limit entirely RIGHT NOW? what are the arguments for keeping an arbitrary cap? let the miner just stamp into a block whatever arrives & whatever it can handle
homopit
replied 2146d
The ecosystem is not just miners, there are wallets, payment processors, exchanges, etc. They like to know what the limits are, so they can build their systems efficiently.
replied 2146d
yes, but we still at sub-megabyte blocks most of the time; if usage starts surging, it will be public knowledge and they will have lots of time racing & trying to stay ahead of it
homopit
replied 2146d
Businesses simple don't want to have outages of their service, because of some sudden surge for which their systems were not properly dimensioned.
replied 2146d
this seems like a such a weak argument; one-time temporary outage until the offending bit of code is improved seems like nothing; any other arguments?
homopit
replied 2146d
It sounds week, but businesses are cautious on this. Bitmain's take - https://www.reddit.com/r/btc/comments/96wduz/statement_from_calvin_ayre_coingeek_about_bitcoin/e44bt36/
replied 2146d
I thought Bitmain supported Bitcoin Unlimited which has no block limit.
replied 2146d
`.. including the money&payment use case` I would argue that dropping of the faux-cap would majorly embolden the `payment use case`
homopit
replied 2146d
replied 2145d
c'mon it is inevitable that the payment-network-of-the-world will go professional & just like in every mayor field there will be the big 3-to-5 companies competing amongst themselves
replied 2145d
there are handful of search-engines, handful of social networks, handful of insurance companies[, handful of ..]; the same will happen with crypto-coins & miners in them; get over it
replied 2145d
if want to mine in the long-term, either get professional or go home; whichever you choose, stop crying that you cannot keep up & trying to delay progress