OgNasty
Donator
Legendary
Offline
Activity: 4774
Merit: 4377
Leading Crypto Sports Betting & Casino Platform
|
|
January 02, 2022, 07:21:25 PM |
|
The worst flaw in Bitcoin is that it is governed by human beings who have the ability to do things like put in place a limit on blocks to push their own developed solutions on everyone. If Bitcoin were created 10 years earlier, these folks would have been talking about the dangers of raising the limit beyond 56 kilobytes. I think satoshi put in place this limit as a temporary measure while things were put in place to protect against the attack vector thinking we were all on the same page, as it is clear as day that technology will one day make a 1mb blocksize limit laughably tiny. By not putting in place a way for blocksize to adjust dynamically before his death, he allowed Bitcoin to fall victim to this flaw of human interference. Imagine if Bitcoin had a static difficulty... Ya, it's that stupid.
|