Chinese Exchanges Reject Gavin Andresen’s 20 MB Block Size IncreaseTwo of China's biggest bitcoin exchanges - BTCChina and Huobi - have voiced concerns over Bitcoin Core developer Gavin Andresen's proposal to raise the block size limit to 20 megabytes by next year.
Speaking to CoinTelegraph, both BTCChina as well as Huobi indicated that they believe any increase in Bitcoin's block size limit should be approached conservatively. While both exchanges recognize that the current one megabyte block size limit is probably too small for Bitcoin to reach mainstream adoption, they are skeptical of Andresen's proposal.
BTCChina and Huobi shared concerns that a jump to 20 megabytes might be too big, while suggesting that a more sustainable long term solution should be sought after.
http://cointelegraph.com/news/114481/chinese-exchanges-reject-gavin-andresens-20-mb-block-size-increase
