Make the block size a function of mempool size.
Standard mempool size = 300mb
Max mempool size = 2gb
If size < 300mb -> block standard size.
If size = 1.8Gb -> block size 3x standard size.
Adjust every 600 blocks.
Make the block size a function of mempool size.
Standard mempool size = 300mb
Max mempool size = 2gb
If size < 300mb -> block standard size.
If size = 1.8Gb -> block size 3x standard size.
Adjust every 600 blocks.
Mempool size will always be maxed though. π
As long as there is enough space to have transactions at reasonable fee rate, anything works πΆπΎπ«‘
demand basis is never going to work, people are retarded
it's the supply that matters
the cost of storing the chain has not dropped as much as the per byte cost of storage because the chain grows so some of the gains in efficiency via cost of storage are eateng by the growth of the chain
i think it's safe to say when 256T is small that we can say bitcoin can have bigger blocks
that's at least 10 years away by my estimation