| > Bitcoin was not the work of a skilled team. This is refreshing to hear, however the Government does not have a history of writing good code (excluding NASA)
I still feel like the Government argument could be correct. > I'd go close to calling that one a myth Well the limit is based on size, and 7tx/sec assumes an average transaction I think. > in fact it's intended to be tight for block space in order to create a market in which people battle for transaction fees I remember reading Satoshi did not intend for limited blockchain space and envisioned 500GB blocks. > 1MB is just arbitrary at the moment. A hard fork will be required, this will not be an issue if no one complains. |
I'd love to hear more about that, because it goes against my own experience. (And I'll go ahead and disclaim that I'm obviously speaking anecdotally here.)
Whenever I've run into software that was developed by the US government it's generally been pretty competent. No worse, and maybe a little better, than what I'm used to seeing come out of the companies I've worked with. Certainly better than the stream of epic fails that seems to characterize what results from outsourcing to private contractors.