Bigger blocks coming in release 0.11

[Mikestang]

The capacity cliff

And why we can’t use fancy tricks to avoid it

This article analyses some proposed alternatives to raising Bitcoin’s network capacity, specifically, the Lightning network. But the arguments made are general and could apply to other proposed alternatives too.

https://medium.com/@octskyward/the-capacity-cliff-586d1bf7715e

[Lauda]

Let's play a game. Lets see who can spot all the Popescu sockpuppets that will inevitability pop up in this thread.
They'll turn up, oh yes, you can be sure of that.

Just six posts later one has popped up...

[noise]

LOL. Well spotted.

Well that escalated quickly. What else to expect from a forum that has over 50% of shills?

One of the worst things is that Satoshi foresaw this. The longer we wait before a decision is made, the worse it gets.
The first transaction (with a fee) that doesn't get included in a block will cause panic.
Don't talk to me about the free market. Are we supposed to fight over who's going to be in the block? Should I pay a $10 fee to send $1? No, thank you. Any altcoin can do it for a much lower one.

[rax]

About time! Anyone whining about this need to get their marbles examined.

The blockchain size is already turning into a serious problem...  Don't speak with such a vicious tone when you don't know what you are talking about.

BlockChain is  already almost 40 GB of size, but this change is inevitable. There is no problem with our current terabyte hard disks to storage it. And you dont have to run full node wallet like Bitcoin Core at all.
Electrum or MultiBit will do just fine.

With a 20MB block size limit you'll need a full TB per year if the network ever runs at full capacity. With a 1MB limit we're talking a more manageable 51GB/yr.

[jl2012]

About time! Anyone whining about this need to get their marbles examined.

The blockchain size is already turning into a serious problem...  Don't speak with such a vicious tone when you don't know what you are talking about.

BlockChain is  already almost 40 GB of size, but this change is inevitable. There is no problem with our current terabyte hard disks to storage it. And you dont have to run full node wallet like Bitcoin Core at all.
Electrum or MultiBit will do just fine.

With a 20MB block size limit you'll need a full TB per year if the network ever runs at full capacity. With a 1MB limit we're talking a more manageable 51GB/yr.

A 2TB HDD is selling at around US$70 currently. That's $0.096/day, or $2.92/month. And don't forget the cost will go nowhere but down.

[Lauda]

With a 20MB block size limit you'll need a full TB per year if the network ever runs at full capacity. With a 1MB limit we're talking a more manageable 51GB/yr.

A 2TB HDD is selling at around US$70 currently. That's $0.096/day, or $2.92/month. And don't forget the cost will go nowhere but down.

Don't forget also that it will takes us a lot of years before each block is 20MB big.
I'd probably say 5+ years but that's just my guess. Memory and bandwidth will be much cheaper then than it is now.
Also it seems that nobody notices the pruning feature that we're going to have soon.