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Question: What high-level approach should be taken regarding the hard limit of a one megabyte block size  (Voting closed: March 07, 2013, 11:33:20 AM)
Leave as one megabyte - 20 (21.5%)
Let Core Dev decide - 34 (36.6%)
Agree to increase - 39 (41.9%)
Total Voters: 93

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Author Topic: Max Block Size Limit: the community view [Vote - results in 14 days]  (Read 1852 times)
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February 21, 2013, 03:26:59 PM

i think a hard fork if succed would be a big plus for bitcoin.
It would mean that we can adapt if needed.
The ability to evolve is as important as the decentralisation. natural selection!

Now, of course i also believe that future 1 lead to much more centralisation than future 2.

The cost of mediation increases transaction costs, limiting the
minimum practical transaction size and cutting off the possibility for small casual transactions

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February 21, 2013, 04:09:09 PM

I want a blocksize that allows the average user, with an average connection and an average computer (let's say 5 years old computer) to run a full node.

The magic of bitcoin is its decentralized nature: make it possible only to super-companies to run full nodes, and you will have a new central bank... And bitcoin will die.

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February 21, 2013, 06:14:59 PM

I think many bank-like transaction services can be beneficial, since the purpose of bitcoin is to replace debt based money issuing of central bank, not replacing all those financial services. Just like gold, although itself are difficult to move, that does not stop people from building financial services based on them

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