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by tommica 870 days ago
Does not seem to be a sustainable solution: if the amount of microtranfers increase, the blocksize is going to be an issue again
1 comments

The number of real time electronic transactions is virtually guaranteed to increase. This is not only a big problem now, it's becoming a bigger problem over time. I consider the unwillingness of the bitcoin network to increase blocksize to be a critical flaw.

Edit: The problem is not 100mb is too small for the future. The problem is that just like we cannot go from 1mb to 100mb today, we would have no ability to go from 100mb to 1000mb when needed.

Yet bitcointalk and /r/bitcoin were able to sway what later become to be known as Bitcoin Cash into the wrong fork.