On Friday, 1 September 2017 14:47:08 CEST Cserveny Tamas via bitcoin-dev wrote: > The fundamental problem is that if the miners add capacity it will only > increase (protect) their share of block reward, but does not increase the > speed of transactions.
Adding more space in blocks has no effect on the block-reward. It does actually increase the throughput speed of transactions. > This will only raise the fee in the long run with > the block reward decreasing. Also this is exactly the opposite of what actually happened. > The current chain is effectively single threaded. This is not true, since xthin/compactblocks have been introduced we completely removed this bottle-neck. The transactions will be validated continuously, in parallel and not just when a block is found. -- Tom Zander Blog: https://zander.github.io Vlog: https://vimeo.com/channels/tomscryptochannel _______________________________________________ bitcoin-dev mailing list bitcoin-dev@lists.linuxfoundation.org https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev
