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Author Topic: [INFOGRAPHIC] that details both sides of the blocksize issue  (Read 661 times)
SuRAJ (OP)
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June 21, 2015, 10:41:41 AM
 #1

https://i.imgur.com/FnxfFFR.png
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gadman2
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June 21, 2015, 10:46:40 AM
 #2

Seems biased towards small blocks. Lots of typos.

SuRAJ (OP)
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June 21, 2015, 10:50:10 AM
 #3

Seems biased towards small blocks. Lots of typos.

where u see Typos ? please tell me so i fix it now
Amph
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June 21, 2015, 11:58:46 AM
 #4

you have to quantify some of those points, for  abetter comparison

for example slow sync but by how much? it is negligeable? also it can be solved with a faster ssd
coinpr0n
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June 21, 2015, 12:04:35 PM
 #5

Care to explain how these are true?...

1. Bigger blocks "Increases bitcoin Martketcap" ??
2. Bigger blocks "Pushes up transaction fees" ??

It doesn't seem to me that way, but I could be looking at it wrong.

DooMAD
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June 21, 2015, 12:32:56 PM
 #6

Care to explain how these are true?...

1. Bigger blocks "Increases bitcoin Martketcap" ??
2. Bigger blocks "Pushes up transaction fees" ??

It doesn't seem to me that way, but I could be looking at it wrong.


Yeah, doesn't seem entirely accurate.  If anything, larger blocks mean more consistent fees, but doesn't imply they would be higher.  Smaller blocks, on the other hand, would create pressure to increase fees.  Plus the fees would be more variable and at peak times you would need to pay more to increase the likelihood of your transaction being given priority.  However, it wouldn't be guaranteed, as you have no idea how much others will be including for a fee.  This adds uncertainty to transactions and could easily create a poor user experience.  At present, including a fee with your transaction almost guarantees confirmation as soon as possible, but with full blocks this would not be the case.
Meuh6879
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June 21, 2015, 01:37:27 PM
 #7

Good graphic, i like that.
especially, the "speed" part ... and "low connexion" required.
Bitcoininspace
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June 21, 2015, 01:56:58 PM
 #8

Prresure.
batesresearch
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June 30, 2015, 04:19:49 PM
 #9

I like this graphic, I was actually looking for something like this a week or so back, be good to use to expand on the points.

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