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> Bitcoin effectively froze when Blockstream decided against increasing block size. You mean when the Bitcoin Core implementation of the Bitcoin protocol decid
by etr-strike 9y ago
> Bitcoin effectively froze when Blockstream decided against increasing block size.
You mean when the Bitcoin Core implementation of the Bitcoin protocol decided decentralization was an important feature of the currency and transaction compression should be the prioritized means of scaling.
- lagadu 9y agoThat's the "glass is very half-full" way of putting it :) They could've easily gone both ways: block size increase to 2mb, segwit and lightning network. Hell, Litecoin is well on its way to becoming the de-facto transfer currency between exchanges because it iterates so much quicker (and those 2.5 minute blocktimes sure help).
- lawlessone 9y agoThey might still increase blocksize at a later date. Some other people decided it was a good idea to try force their hand with segwit2x and it failed.