{"type":"rich","version":"1.0","author_name":"npub1e46n428mcyfwznl7nlsf6d3s7rhlwm9x3cmkuqzt3emmdpadmkaqqjxmcu","author_url":"https://nostr.ae/npub1e46n428mcyfwznl7nlsf6d3s7rhlwm9x3cmkuqzt3emmdpadmkaqqjxmcu","provider_name":"njump","provider_url":"https://nostr.ae","html":"📅 Original date posted:2015-05-06\n📝 Original message:Recently there has been a flurry of posts by Gavin at\nhttp://gavinandresen.svbtle.com/ which advocate strongly for increasing\nthe maximum block size. However, there hasnt been any discussion on this\nmailing list in several years as far as I can tell.\n\nBlock size is a question to which there is no answer, but which\ncertainly has a LOT of technical tradeoffs to consider. I know a lot of\npeople here have varying levels of strong or very strong opinions about\nthis, and the fact that it is not being discussed in a technical\ncommunity publicly anywhere is rather disappointing.\n\nSo, at the risk of starting a flamewar, I'll provide a little bait to\nget some responses and hope the discussion opens up into an honest\ncomparison of the tradeoffs here. Certainly a consensus in this kind of\ntechnical community should be a basic requirement for any serious\ncommitment to blocksize increase.\n\nPersonally, I'm rather strongly against any commitment to a block size\nincrease in the near future. Long-term incentive compatibility requires\nthat there be some fee pressure, and that blocks be relatively\nconsistently full or very nearly full. What we see today are\ntransactions enjoying next-block confirmations with nearly zero pressure\nto include any fee at all (though many do because it makes wallet code\nsimpler).\n\nThis allows the well-funded Bitcoin ecosystem to continue building\nsystems which rely on transactions moving quickly into blocks while\npretending these systems scale. Thus, instead of working on technologies\nwhich bring Bitcoin's trustlessness to systems which scale beyond a\nblockchain's necessarily slow and (compared to updating numbers in a\ndatabase) expensive settlement, the ecosystem as a whole continues to\nfocus on building centralized platforms and advocate for changes to\nBitcoin which allow them to maintain the status quo[1].\n\nMatt\n\n[1] https://twitter.com/coinbase/status/595741967759335426"}