📅 Original date posted:2015-06-26
📝 Original message:Venzen --
The market for block space is not at all the same as the market for bitcoin.
The centralization risk that is discussed in relation to the market for
block space arises from the resources (network, storage, processor...)
required to run a full node. That is a consideration in determining the
actual (as opposed to declared) capacity of the system.
The 1MB cap was not indexed to increasing resource availability to begin
with, so one way to determine the size of any initial hard cap increase
would be to estimate the change in resource availability since that time.
Tom Harding [ARCHIVE] /
npub1ms…pmwjy
2023-06-07 15:40:28
in reply to nevent1q…fg4m
Author Public Key
npub1msef5qkfwz4t7qacwxz775wgdtlytph78g2g2z903x90874u263sypmwjyPublished at
2023-06-07 15:40:28Event JSON
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"content": "📅 Original date posted:2015-06-26\n📝 Original message:Venzen --\n\nThe market for block space is not at all the same as the market for bitcoin.\n\nThe centralization risk that is discussed in relation to the market for\nblock space arises from the resources (network, storage, processor...)\nrequired to run a full node. That is a consideration in determining the\nactual (as opposed to declared) capacity of the system.\n\nThe 1MB cap was not indexed to increasing resource availability to begin\nwith, so one way to determine the size of any initial hard cap increase\nwould be to estimate the change in resource availability since that time.",
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