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The Bitcoin Block Size Debate Has Been Going On Since 2013

As this debate on BitcoinTalk demonstrates, the current rhubarb regarding increasing the block size limit in Bitcoin has been ongoing since at least 2013 in a public manner… as well as a heated one. The discussion between the Bitcoin core developers goes on for 26 pages. The most recent post is April 2013. It starts with Peter Todd, who still to this day opposes increasing the block size limit in the manner being proposed via Bitcoin-XT. I fear very few people understand the perverse incentives miners have with regard to blocks large enough that not all of the network can process them, […]

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CCN: Financial Bitcoin & Cryptocurrency News