Can you explain why big blocks are beneficial to large entities?
Discussion
My understanding is that big blocks increase the hardware requirements to run a full node. As the Blockchain grows larger, you would need hundreds of terabytes of storage capacity to hold the entire Blockchain. It would get so large that only large orgs or very rich people could afford to run a node.
it's not the fact that larger blocks are beneficial to larger entities, it's that increasing the size of the blocks over time to several gigabytes in size would make it impossible for your average user to run a node, making the majority of Bitcoin nodes reside in datacenters, like Ethereum, instead of people's homes and devices. large entities or large players would now be in control. and this is exactly how it played out over the last several years with Bitcoin Cash and Bitcoin Scam Version. the small blockers were right.
