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Bitcoin => Press => Topic started by: mavrick951 on February 06, 2016, 10:47:04 AM



Title: [2016-01-06] In Defense of Bitcoin Transaction Fees
Post by: mavrick951 on February 06, 2016, 10:47:04 AM
In Defense of Bitcoin Transaction Fees

Bitcoin does not need to scale. While Satoshi Nakamoto might have arbitrarily designed a 1MB  block size into the Bitcoin protocol with little explanation, many industry people forget that, just because that amount was arbitrary, does not mean the protocol must scale now or ever. The people who feel this way – in what essentially represents a conservative approach to the debate – have been shunned completely in the discussion known as the Bitcoin block size debate. Not scaling is not an option.

https://www.cryptocoinsnews.com/in-defense-of-bitcoin-transaction-fees/