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Title: Why Cbit Bitcoin shows us nothing Post by: sdp on May 12, 2016, 12:36:40 PM Cbit which was launched with a 2MB blocksize limit shows us absolutely nothing. Launch an altcoin with no enforced limit and the amount of traffic is not going to reach near one megabyte from the market need to do transactions on it. The need is zero, for any really new altcoin. No altcoin has blocks great than 1MB. The limit may not be there but there are not enough transactions.
Dash made a change to accept 2MB blocks but similarly there was nothing to indicate a need for blocks so big. The only way to really show that 20MB or2MB blocks do not hurtthe network is to simulate bitcoin and simulate the transaction volume. Make a block sizeminimum of 1.8MB and makethe miner create transactions to himself if there is a lack. sdp |