Why Bigger Might Not Be Better For Bitcoin Scaling

Why Bigger Might Not Be Better For Bitcoin Scaling

The block size debate, long one of the defining challenges hanging over bitcoin's tech community, took an interesting twist late last month. A years-long discussion about how best to scale the functioning $15bn economic network mid-flight, the debate has largely been characterized by a face-off between those who would increase the 1MB block size via an efficiency improvement called SegWit, and those who want to change the hard-coded block size limit to 2MB or more. You'll notice that, so far, neither side has called for a block size decrease. But that was exactly the view represented in a....


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