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Does the author have any evidence for his claim "The limit was temporary"? It was certainly commonly claimed even a couple of years ago that the coming scarcity
by AndrewDMcG 11y ago
Does the author have any evidence for his claim "The limit was temporary"? It was certainly commonly claimed even a couple of years ago that the coming scarcity of blockchain space would lead to an increase in fees.
- ikeboy 11y agohttps://bitcointalk.org/index.php?topic=287.msg8810#msg8810 https://bitcointalk.org/index.php?topic=287.msg8810#msg8810 >The eventual solution will be to not care how big it gets. https://bitcointalk.org/index.php?topic=1347.msg15366#msg15366 https://bitcointalk.org/index.php?topic=1347.msg15366#msg153... https://bitcointalk.org/index.php?topic=946236.msg10388435#msg10388435 https://bitcointalk.org/index.php?topic=946236.msg10388435#m... >I'm the guy who went over the blockchain stuff in Satoshi's first cut of the bitcoin code. Satoshi didn't have a 1MB limit in it. The limit was originally Hal Finney's idea. Both Satoshi and I objected that it wouldn't scale at 1MB. Hal was concerned about a potential DoS attack though, and after discussion, Satoshi agreed. The 1MB limit was there by the time Bitcoin launched. But all 3 of us agreed that 1MB had to be temporary because it would never scale.
- AndrewDMcG 11y agoAh, that's really significant, thanks