ABitcoinGuy on Nostr: The #Bitcoin block size will eventually increase. Improvement in internet ...
The #Bitcoin block size will eventually increase. Improvement in internet connectivity and hardware will result in increased efficiency for solving and validating blocks. As we know, technology is deflationary from a cost perspective.
Thus at that stage, increasing #Bitcoin block size won’t increase hardware costs & hinder decentralisation as was the concern in The Blocksize Wars.
Thoughts taken from @BitcoinPierre
Published at
2023-11-08 08:36:12Event JSON
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"content": "The #Bitcoin block size will eventually increase. Improvement in internet connectivity and hardware will result in increased efficiency for solving and validating blocks. As we know, technology is deflationary from a cost perspective.\n\nThus at that stage, increasing #Bitcoin block size won’t increase hardware costs \u0026 hinder decentralisation as was the concern in The Blocksize Wars. \n\nThoughts taken from @BitcoinPierre",
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