[2015-12-30] Garzik and Andressen State that Maxwell’s Bitcoin Roadmap Lacks...

[may_flava]

Two prominent Bitcoin Core contributors, Jeff Garzik and Gavin Andressen, co-wrote a response to the recently published bitcoin scalability roadmap by Gregory Maxwell, which is based on the SegWit concept.

While recognizing that there are some great ideas involved in the roadmap, Garzik and Andressen state that the whole idea completely ignores such important issues as possible growth of fees in case it is implemented.

http://forklog.net/garzik-and-andressen-state-that-maxwells-bitcoin-roadmap-lacks-consideration-of-important-issues/

[LiteCoinGuy]

In particular, they wrote:

    “If Bitcoin block size is not increased via a hard-fork, when the next Bitcoin reward halves, Bitcoin transaction fees may become prohibitively high for certain applications.”