Now why would we do that if only 4 companies mining alllllllllllllllll the blocks
Discussion
It kinda needs to happen imo or the fiat price of btc needs to go way up.
Ok and what about the nodes that are too small to support the larger block sizes? Blockchain bloat will only make node running more expensive and incentivize large players, not mom and pops to run Core. There’s already been blocksize wars, and you lost.
Hard drives get larger over time.
It’s literally just a small computer & you’re worried about how much it costs for you to run it?
The poorest people that actually need to use bitcoin because their fiat money is literally worthless can’t afford to run a node n e ways.
Do you honestly think it would just require a larger hard drive for larger blocks? Look up the requirements to run an eth node and get back to me. We keep things small and simple on L1 to not break anything. Bitcoin has the most secure network ever seen and people still think they want to change it, just human nature I suppose to mess with shit.
Yes it just takes a bigger hard drive.
Would more than likely require more CPU, RAM, and a large SSD yes. Also, what about hardware wallets? They would also need to be upsized to be able to convey more data per transaction. And what if the display on the hardware wallet is too small to properly display all the data so you can’t confirm your own transaction anymore? Changes have a ripple effect across the whole space.
Nope not really necessary as we’re only be dl more of what we already are… the only real bottle necks are the hard drives and internet speeds… Not sure why you think you need to change hhw/signing devices as we’re not talking about transactions.