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News: Latest Bitcoin Core release: 28.0 [Torrent]
 
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Bitcoinpro
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June 24, 2015, 12:05:23 PM
 #21

larger block sizes amoung other changes one would expect would eventually be nessesary

the only reason they arn"t already is because alts can supplement for now

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June 24, 2015, 01:55:14 PM
 #22

I doubt 20 bitcoins allocated for the test can actually put out a good representation. What if the stress test prolongs and more and more backlogs start to accumulate? We are already at point where a few minutes of delay is considered slow, so how about twice of the time added to that? No matter what the outcome, I still believe increasing blocksize is one of the solutions.

AtheistAKASaneBrain
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June 24, 2015, 02:02:40 PM
 #23

But we had people here yesterday complaining about some of their transactions didn't go thought for 2 hours. How's that OK?
Not to mention blockchain.info wasn't  accessible for a while.

Non were lost, if we are only at ~4TSP @ 1mb, increasing the block size is just not a solution.

We need 100 000 TSP...


IMO bitcoin will become a holding asset used to save wealth.  Something like dogecoin or bitshares will become the spending crypto people use to buy coffee / etc.



Nope, we should aim for a global Bitcoin, it's the only way to increase the price. Also if banks and NASDAQ and so on start using the blockchain to run their infrastructures we better be able to process tons of transactions per second. We need higher blocksize + LN to defeat Visa, Mastercard + Paypal in the future. Anything else but Bitcoin as the #1 electronic payment is admitting defeat.
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