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by tlrobinson
3309 days ago
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I don't read r/bitcoin regularly. I think we need both a block size increase and SegWit (or something like it) It's pretty obvious to me that linearly scaling solutions like simply increasing the block size are not sufficient to achieve global mainstream adoption (at least without further centralizing mining), much less the sort of machine-to-machine / micropayment revolution that a scalable cryptocurrency could unlock. |
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Yes - the former now (or last year!) to resolve the massive backlog as new adopters come in. We later need something to enable greater scale than blocksize alone, but not yet; other cryptos like Ethererum are able to handle a much higher transaction throughput. When the time comes when something like SegWit IS needed, FlexTrans is a much better solution.