Bitcoin Forum

Bitcoin => Mining => Topic started by: hahahafr on February 25, 2013, 09:49:01 PM



Title: ASICs and blocksize
Post by: hahahafr on February 25, 2013, 09:49:01 PM
Hello,
I want to add to the current discussion about the blocksize, that the security of the network does NOT only depends of the tx fees.
People forget that a lots of people are today buying ASICs, and will in the future. This is what render the network secure on the longterm.
Or does it?


Title: Re: ASICs and blocksize
Post by: cdog on March 01, 2013, 04:19:53 PM
Blocksize is a problem but I dont think its going to be one that cause BTC to fail. They are too well established, and too useful. Even if its 200GB people who are serious will buy it on a hard drive for $50, and for everyone else there is Coinbase etc. Only the miners really need it and people who use ASIC will make the network very, very secure, so the future is bright for BTC in my opinion.