Strongly agree. My suggestion 2MB now, then 4MB in 2 years and 8MB in 4years then re-asses. (Similar to BIP 102)https://twitter.com/jgarzik/status/635857060626718720 …
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@adam3us I think 2MB is absurdly small. Where do you get that number from, or does it just "feel right"? Average web page size is 2MB...
@gavinandresen @adam3us If you want to store your money on the web use Mt. Gox.
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@NickSzabo4@gavinandresen@adam3us MtGox, eh? Well, then. There's no arguing with logic like that. -
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@Pecuniology it's@NickSzabo4 so that's a concise pithy meta comment. translation: centralisation failure befell ALL previous ecash systems -
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@Pecuniology and@NickSzabo4 along with big majority of bitcoin experts concerned to not see@gavinandresen repeat that mistake wit Bitcoin -
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@NickSzabo4@gavinandresen all of these 3 systems failed or degraded to bank-like behaviour#digicash#egold#paypal due to centralisation -
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@NickSzabo4@gavinandresen that's why I am suggesting balance, compromise & incremental approach to not prejudge future tech & trends 2-4-8 -
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@NickSzabo4 can build centralised systems on top of decentralised. but not reverse. maybe@gavinandresen focus improving existing layer 2 -
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@NickSzabo4 as@gavinandresen built contacts w layer2 companies. could do cross-service on-chain netting,add to existing in service netting -
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@NickSzabo4@gavinandresen while others work on lightning to move much more on-chain (via lightning trustless layer 2 write cache). - 1 more reply
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@NickSzabo4@gavinandresen@adam3us 2MB is the same as 1MB. 4MB could become too small in under a year, so 8MB is really a minimum. -
@tomohelman
@NickSzabo4@gavinandresen@adam3us Any research background for that? Guts feeling is not good enough for Bitcoin. -
@manfred_karrer@NickSzabo4@gavinandresen@adam3us On what, 4Mb becoming too small? Others have done some research-find it or (!) trust me. -
@tomohelman
@NickSzabo4@gavinandresen@adam3us Trust you? Good joke.... Keep trolling at Reddit....
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@NickSzabo4@gavinandresen@adam3us If we aren't going to store our money on the net, why not shrink it to zero?Thanks. Twitter will use this to make your timeline better. UndoUndo
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@NickSzabo4@gavinandresen@adam3us what happens if everyone decides to do blockchain pruning to be able to run full node?
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Thanks. Twitter will use this to make your timeline better. UndoUndo
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@NickSzabo4@gavinandresen@adam3us Lmao Nick. Hubs ensure MtGoxs are with us forever as they need hot wallets. No transition to only btc txThanks. Twitter will use this to make your timeline better. UndoUndo
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@NickSzabo4@gavinandresen@adam3us Mt Gox.. ya that one doesn't feel rightThanks. Twitter will use this to make your timeline better. UndoUndo
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@NickSzabo4@gavinandresen@adam3us First evidence that@NickSzabo4 is not Satoshi (though I respect you not less than Satoshi). -
@NickSzabo4@gavinandresen@adam3us unless 1,000,000 BTC makes a man too worried :-)
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