📅 Original date posted:2015-08-06
📝 Original message:On 8/6/2015 7:53 AM, Pieter Wuille via bitcoin-dev wrote:
>
> So if we would have 8 MB blocks, and there is a sudden influx of users
> (or settlement systems, who serve much more users) who want to pay
> high fees (let's say 20 transactions per second) making the block
> chain inaccessible for low fee transactions, and unreliable for medium
> fee transactions (for any value of low, medium, and high), would you
> be ok with that?
Gavin has answered this question in the clearest way possible -- in
tested C++ code, which increases capacity only on a precise schedule for
20 years, then stops increasing.
Tom Harding [ARCHIVE] /
npub1ms…pmwjy
2023-06-07 17:32:34
in reply to nevent1q…essl
Author Public Key
npub1msef5qkfwz4t7qacwxz775wgdtlytph78g2g2z903x90874u263sypmwjyPublished at
2023-06-07 17:32:34Event JSON
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"created_at": 1686159154,
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"content": "📅 Original date posted:2015-08-06\n📝 Original message:On 8/6/2015 7:53 AM, Pieter Wuille via bitcoin-dev wrote:\n\u003e\n\u003e So if we would have 8 MB blocks, and there is a sudden influx of users\n\u003e (or settlement systems, who serve much more users) who want to pay\n\u003e high fees (let's say 20 transactions per second) making the block\n\u003e chain inaccessible for low fee transactions, and unreliable for medium\n\u003e fee transactions (for any value of low, medium, and high), would you\n\u003e be ok with that?\n\nGavin has answered this question in the clearest way possible -- in\ntested C++ code, which increases capacity only on a precise schedule for\n20 years, then stops increasing.",
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}