Bitcoin Forum

Economy => Speculation => Topic started by: 100x on December 21, 2013, 11:09:57 AM



Title: .
Post by: 100x on December 21, 2013, 11:09:57 AM
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Title: Re: How high can bitcoin go without improving TPS?
Post by: ElectricMucus on December 21, 2013, 11:12:09 AM
Some things can't be fixed, the transactions/second is one of them. The block size limit is a fixed economic resource just like the number of coins and it wouldn't be bitcoin anymore if it is changed in any way.


Title: Re: How high can bitcoin go without improving TPS?
Post by: ElectricMucus on December 21, 2013, 11:20:59 AM
The devs can work on whatever they want, but it won't change a thing if there are a sufficient amount of people who refuse to participate in the hard-fork.


Title: Re: How high can bitcoin go without improving TPS?
Post by: piramida on December 21, 2013, 11:51:39 AM
don't be delusional, really all it takes is 5 top pool ops.


Title: Re: How high can bitcoin go without improving TPS?
Post by: Wilhelm on December 21, 2013, 11:54:14 AM
Did you get the memo on TPS?

http://bpmforreal.files.wordpress.com/2013/04/tps-report.jpg


Title: Re: How high can bitcoin go without improving TPS?
Post by: F-bernanke on December 21, 2013, 11:56:12 AM

LOL! first thing what popped up with me also, best movie ever!

http://dashburst.com/wp-content/uploads/2013/09/office-space-guy.png


Title: Re: How high can bitcoin go without improving TPS?
Post by: ElectricMucus on December 21, 2013, 11:59:23 AM
don't be delusional, really all it takes is 5 top pool ops.

If that happens it would turn out to be a tie, the longest chain would be in the new system but if the transactions aren't verified what good would it be? If the pool ops do that they risk destroying Bitcoins utility.
And Nodes can enforce the block size limit more easily than for example the number of coins since well in order to fill the blocks it takes transactions. Where are the mass of transactions come from?