r/bitcoin is being censored right now (quite ironic), so thought maybe you hackers can have a discussion about the upcoming bitcoin fork in regards to the blocksize. Some suggest that bitcoin blocks should remain at 1mb, which currently covers around 200k transactions, a limit that is close to being reached. The vast majority seem to want an increase on this capacity for pretty much obvious reasons. However, some relatively newcomer bitcoin developers argue that increasing it will affect decentralisation, and everyone should use a hubs and spoke system instead. Others argue that as the number of users increases, the number of the blockchain applications increase, the number of nodes and miners increases, thus decentralisation increases. In regards to lightning it is still vapourwear, it requires hot wallets - something which has caused many problems - the hubs are likely to be centralised - and fundamentally users should have a choice. So yeah looks like bitcoin will fork.
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r/bitcoin is being censored right now (quite ironic), so thought maybe you hackers can have a discussion about the upcoming bitcoin fork in regards to the blocksize. Some suggest that bitcoin blocks should remain at 1mb, which currently covers around 200k transactions, a limit that is close to being reached. The vast majority seem to want an increase on this capacity for pretty much obvious reasons. However, some relatively newcomer bitcoin developers argue that increasing it will affect decentralisation, and everyone should use a hubs and spoke system instead. Others argue that as the number of users increases, the number of the blockchain applications increase, the number of nodes and miners increases, thus decentralisation increases. In regards to lightning it is still vapourwear, it requires hot wallets - something which has caused many problems - the hubs are likely to be centralised - and fundamentally users should have a choice. So yeah looks like bitcoin will fork.
As in, actual censorship about all blocksize discussion, or just about XT?
The #1 story was removed by the moderators. It was an article by Mike Hearn about why he's moving forward with the Bitcoin XT hard fork. [1]
The justification for the removal is that Bitcoin XT is an altcoin, and altcoin discussion is not allowed. [2]
[1] https://www.reddit.com/r/Bitcoin/comments/3h424p/why_is_bitc...
[2] https://www.reddit.com/r/Bitcoin/comments/3h424p/why_is_bitc...
It's like saying Congress is not allowed to discuss or propose amendments to the constitution.
Bitcoin is designed to be fought over and amended, it's built into it. Software is never complete and XT is not an altcoin.
and /r/bitcoin is designed to be completely stupid.