📅 Original date posted:2015-06-26
📝 Original message:I completely agree with Pieter: usage will grow to fill whatever maximum
block size the miners decide to allow (or whatever maximum block size is
imposed by minimum transaction fees or a hard cap on block size).
I am not scared by increased usage, though: more usage and adoption means
more investment, more smart engineers, and more people with incentives to
solve whatever scaling problems crop up. All of that makes Bitcoin stronger.
And I don't feel like this process has been hurried: I've been working on
this (thinking, testing, simulating, talking, writing code, talking to key
people and companies) almost exclusively since late last year. In my humble
opinion, BIP 101 is a good compromise between "no limit, let the miners
decide" and "lower the max size so a raspberry pi running on a 56K modem
can be a full node."
--
--
Gavin Andresen
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Gavin Andresen [ARCHIVE] /
npub1s4…d44kw
2023-06-07 15:40:29
in reply to nevent1q…ahrm
Author Public Key
npub1s4lj77xuzcu7wy04afcr487f0r3za0f8n2775xrpkld2sv639mjqsd44kwPublished at
2023-06-07 15:40:29Event JSON
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"content": "📅 Original date posted:2015-06-26\n📝 Original message:I completely agree with Pieter: usage will grow to fill whatever maximum\nblock size the miners decide to allow (or whatever maximum block size is\nimposed by minimum transaction fees or a hard cap on block size).\n\nI am not scared by increased usage, though: more usage and adoption means\nmore investment, more smart engineers, and more people with incentives to\nsolve whatever scaling problems crop up. All of that makes Bitcoin stronger.\n\nAnd I don't feel like this process has been hurried: I've been working on\nthis (thinking, testing, simulating, talking, writing code, talking to key\npeople and companies) almost exclusively since late last year. In my humble\nopinion, BIP 101 is a good compromise between \"no limit, let the miners\ndecide\" and \"lower the max size so a raspberry pi running on a 56K modem\ncan be a full node.\"\n\n\n-- \n--\nGavin Andresen\n-------------- next part --------------\nAn HTML attachment was scrubbed...\nURL: \u003chttp://lists.linuxfoundation.org/pipermail/bitcoin-dev/attachments/20150626/6143a1be/attachment.html\u003e",
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