[bduerst]

Anything is Possible with Bitcoin ᵗᵐ

Except something as simple as increasing the block size to allow Bitcoin to process more than 7 transactions a second (Visa handles 42,000 tx/s comparatively). Theoretically it is possible, but the way Bitcoin is designed puts changes in control of people who stand to profit from preventing certain changes (i.e. Tragedy of the commons) like block size increases - and they are blocking it. The point is that Bitcoin isn't some piece of software that you can magically push any necessary changes to.

[root_axis]

So is that a "yes, it's possible" or "no, it's impossible"? "Theoretically it's possible" sounds like it's possible. Saying "here are some examples of things that didn't happen" doesn't prove that they, or anything else, can't happen.

[bduerst]

It's as possible as a number of rational actors collectively acting irrational. It's economics, not technology - so it's theoretically not impossible, just very highly improbable.

[onion-soup]

Yes it is possible and it is already done on Bitcoin SV (original bitcoin). Recently 128 MB block were mined as a proof that bitcoin can scale to hundreds of thousands of transactions per second

[bduerst]

> Anything is Possible with Bitcoin ᵗᵐ

Just that the network known as Bitcoin can't do that. The block mined just 10 minutes ago was capped at 0.904 MB.

Anyone can mine a gigabyte sized block on their own computer, but that doesn't make it Bitcoin (even when branded as Bitcoin SV).

[onion-soup]

>Anyone can mine a gigabyte sized block on their own computer, but that doesn't make it Bitcoin

So you just pulling facts out of your ass? Read the white paper then come back

[bduerst]

>Anyone can mine a gigabyte sized block on their own computer, but that doesn't make it Bitcoin (even when branded as Bitcoin SV).

Is the full context.

Cherry picking the sentence to be patronizing doesn't work very well when the context is actually your own example...

[onion-soup]

Mining is done in data centers. Get over with your 'everybody is a miner' mantra. It was never meant to be that. Check satoshi's early posts. Do you own research before spreading bullcrap

[cdiddy2]

if the commons actually wanted larger blocks there was an opportunity with the bitcoin cash hardfork, but that chain has less value and less hashrate now. So when given the opportunity people didn't move to the chain with more transaction space, so it seems the votes are in.