[Poll] 8 MB Scaling up a little less than Nielsen's Law consensus!

[Spjuth]

Seems that we can come to a consensus on the block size limit/scaling! Sounds great to me, what do you guys say!

http://sourceforge.net/p/bitcoin/mailman/message/34162506/

[neurotypical]

What would this solve? When will we do once we reach 8MB limit? what wil we do once we reach 20MB limit? are we just buying time with this?

[Spjuth]

What would this solve? When will we do once we reach 8MB limit? what wil we do once we reach 20MB limit? are we just buying time with this?

No it will scale automatically with Nielsen's Law (a little less to be sure). So a little less than 50% per year.
http://www.nngroup.com/articles/law-of-bandwidth/

So one year from implementation it would be 12MB, a year after 18MB and so on.

[achow101]

What would this solve? When will we do once we reach 8MB limit? what wil we do once we reach 20MB limit? are we just buying time with this?

It is just buying time. Increasing the blocksize now is a solution that will buy enough time for people to come up with a better solution for this issue when it actually becomes a problem.

[Spjuth]

What would this solve? When will we do once we reach 8MB limit? what wil we do once we reach 20MB limit? are we just buying time with this?

It is just buying time. Increasing the blocksize now is a solution that will buy enough time for people to come up with a better solution for this issue when it actually becomes a problem.

You are missing one of Gavins most important points. I will automatically increase by almost 50% each year, to follow bandwidth.
"Scaling up a little less than Nielsen's Law of Internet Bandwidth predicts for the next 20 years?  (I think predictability is REALLY important)."

[achow101]

What would this solve? When will we do once we reach 8MB limit? what wil we do once we reach 20MB limit? are we just buying time with this?

It is just buying time. Increasing the blocksize now is a solution that will buy enough time for people to come up with a better solution for this issue when it actually becomes a problem.

You are missing one of Gavins most important points. I will automatically increase by almost 50% each year, to follow bandwidth.
"Scaling up a little less than Nielsen's Law of Internet Bandwidth predicts for the next 20 years?  (I think predictability is REALLY important)."

I see that it will scale up every year by 50%. However, I don't think this is the final solution to the problem. I think that doing this is a solution that works, but it is not the best or final solution. So, while this solution is implemented, other people will work on new ways to solve the problem.

[Spjuth]

What would this solve? When will we do once we reach 8MB limit? what wil we do once we reach 20MB limit? are we just buying time with this?

It is just buying time. Increasing the blocksize now is a solution that will buy enough time for people to come up with a better solution for this issue when it actually becomes a problem.

You are missing one of Gavins most important points. I will automatically increase by almost 50% each year, to follow bandwidth.
"Scaling up a little less than Nielsen's Law of Internet Bandwidth predicts for the next 20 years?  (I think predictability is REALLY important)."

I see that it will scale up every year by 50%. However, I don't think this is the final solution to the problem. I think that doing this is a solution that works, but it is not the best or final solution. So, while this solution is implemented, other people will work on new ways to solve the problem.

Yes, you are right. It is not the final solution. There needs to be, and will be, many solutions to this. This one is about increasing the max block size in a way that no one can reasonably complain about. There will also be many off blockchain solutions to this. But we should not discuss one solution against the other, they are all needed.

[Lauda]

Stop making so many threads about this!
This discussion is becoming a mess and branching out into several threads. It should be more organized.

Some of the previous ones (you will find some useful posts there; disregard thread titles):
https://bitcointalk.org/index.php?topic=1076024.0
https://bitcointalk.org/index.php?topic=1075323.0
https://bitcointalk.org/index.php?topic=1074701.0


Update: Also stop with the 20MB FUD. 20MB blocks were suggested by Gavin only because he made flawed calculations.
It should be 8MB.

[Cruxer]

20 MB blocks will be better, will last for longer and less consensus nightmare in future

[unamis76]

Yes, this is exactly what we need! Scalable blocks. We can still swtich to 20mb and then activate scaling, I think. It should be tested on a testnet first...

And scaling isn't buying time, it's forever adaptable.