From: Peter Todd <pete@petertodd•org>
To: Gavin Andresen <gavinandresen@gmail•com>
Cc: bitcoin-development@lists•sourceforge.net
Subject: Re: [Bitcoin-development] Blocksize and off-chain transactions
Date: Wed, 13 Mar 2013 13:48:38 -0400 [thread overview]
Message-ID: <20130313174838.GA22621@savin> (raw)
In-Reply-To: <CABsx9T0xOpNpFG4bo7wjcMV8a_xtw_jrRx_fiSutX08yfP8P7Q@mail.gmail.com>
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On Wed, Mar 13, 2013 at 01:01:43PM -0400, Gavin Andresen wrote:
> > The very statement that we're willing to increase the blocksize as our
> > solution to increased transaction volume rather go down the path of
> > off-chain transactions is incredibly controversial.
>
> I really don't understand this either/or mentality.
You said it best yourself:
10:48 < gavinandresen> Luke-Jr: argument for another day, but I can
almost guarantee that the blocksize limit will be raised in less than 2
years, just based on pressure from the big businesses using the chain
(and no, NOT satoshidice)
Decentralization offers big businesses nothing; they're a regulation
target already by virtue of size alone.
> OF COURSE we're going to raise the block size limit. Limiting the main
> blockchain to single-digit transactions-per-second is not an option,
> the vision FOREVER has been to scale it up.
>
> And OF COURSE there will be off-chain transactions-- at the very
> least, we need them for "instantly confirmed" transactions.
>
> But lets table that whole discussion until 0.8.1 is out the door.
>
> --
> --
> Gavin Andresen
>
--
'peter'[:-1]@petertodd.org
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next prev parent reply other threads:[~2013-03-13 17:48 UTC|newest]
Thread overview: 8+ messages / expand[flat|nested] mbox.gz Atom feed top
2013-03-13 17:01 Gavin Andresen
2013-03-13 17:48 ` Peter Todd [this message]
2013-03-13 18:01 ` Michael Gronager
2013-03-13 18:08 ` Luke-Jr
2013-03-13 18:28 ` Pieter Wuille
2013-03-13 19:29 ` Roy Badami
2013-03-13 19:43 ` Stephen Pair
2013-03-13 20:14 ` Michael Gronager
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