đź“… Original date posted:2015-08-06
đź“ť Original message:On Wed, Aug 5, 2015 at 9:26 PM, Jorge TimĂłn <
bitcoin-dev at lists.linuxfoundation.org> wrote:
> This is a much more reasonable position. I wish this had been starting
> point of this discussion instead of "the block size limit must be
> increased as soon as possible or bitcoin will fail".
>
It REALLY doesn't help the debate when you say patently false statements
like that.
My first blog post on this issue is here:
http://gavinandresen.ninja/why-increasing-the-max-block-size-is-urgent
... and I NEVER say "Bitcoin will fail". I say:
"If the number of transactions waiting gets large enough, the end result
will be an over-saturated network, busy doing nothing productive. I don’t
think that is likely– it is more likely people just stop using Bitcoin
because transaction confirmation becomes increasingly unreliable."
Mike sketched out the worst-case here:
https://medium.com/@octskyward/crash-landing-f5cc19908e32
... and concludes:
"I believe there are no situations in which Bitcoin can enter an overload
situation and come out with its reputation and user base intact. Both would
suffer heavily and as Bitcoin is the founder of the cryptocurrency concept,
the idea itself would inevitably suffer some kind of negative
repercussions."
------------
So please stop with the over-the-top claims about what "the other side"
believe, there are enough of those (on both sides of the debate) on reddit.
I'd really like to focus on how to move forward, and how best to resolve
difficult questions like this in the future.
--
--
Gavin Andresen
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Gavin Andresen [ARCHIVE] /
npub1s4…d44kw
2023-06-07 15:44:51
in reply to nevent1q…vevd
Author Public Key
npub1s4lj77xuzcu7wy04afcr487f0r3za0f8n2775xrpkld2sv639mjqsd44kwPublished at
2023-06-07 15:44:51Event JSON
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"content": "📅 Original date posted:2015-08-06\n📝 Original message:On Wed, Aug 5, 2015 at 9:26 PM, Jorge Timón \u003c\nbitcoin-dev at lists.linuxfoundation.org\u003e wrote:\n\n\u003e This is a much more reasonable position. I wish this had been starting\n\u003e point of this discussion instead of \"the block size limit must be\n\u003e increased as soon as possible or bitcoin will fail\".\n\u003e\n\nIt REALLY doesn't help the debate when you say patently false statements\nlike that.\n\nMy first blog post on this issue is here:\n http://gavinandresen.ninja/why-increasing-the-max-block-size-is-urgent\n\n... and I NEVER say \"Bitcoin will fail\". I say:\n\n\"If the number of transactions waiting gets large enough, the end result\nwill be an over-saturated network, busy doing nothing productive. I don’t\nthink that is likely– it is more likely people just stop using Bitcoin\nbecause transaction confirmation becomes increasingly unreliable.\"\n\nMike sketched out the worst-case here:\n https://medium.com/@octskyward/crash-landing-f5cc19908e32\n\n... and concludes:\n\n\"I believe there are no situations in which Bitcoin can enter an overload\nsituation and come out with its reputation and user base intact. Both would\nsuffer heavily and as Bitcoin is the founder of the cryptocurrency concept,\nthe idea itself would inevitably suffer some kind of negative\nrepercussions.\"\n\n\n------------\n\nSo please stop with the over-the-top claims about what \"the other side\"\nbelieve, there are enough of those (on both sides of the debate) on reddit.\nI'd really like to focus on how to move forward, and how best to resolve\ndifficult questions like this in the future.\n\n-- \n--\nGavin Andresen\n-------------- next part --------------\nAn HTML attachment was scrubbed...\nURL: \u003chttp://lists.linuxfoundation.org/pipermail/bitcoin-dev/attachments/20150806/d5606a8f/attachment.html\u003e",
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