I listened to an interview with Gavin Andresen in 2011 and he took as a given that blocks would increase.
Discussion
link?
He continued to think that way in 2017...
And they did, by an accounting trick, but they did.
They did. They made everybody go against SegWit2x in defense of SegWit4x.
other day i was thinking abt how you could do blocksize like the difficulty adjustment.
imagine how arbitrary 100gb/yr in storage is gonna seem in 15yrs, while it bottlenecks lightning and other protocols, but will also seem silly just to hardfork to new hardcoded values.
idk what you would peg the difficulty adjustment to tho
A node must be ridiculously small and easy to run.
Storage gets cheaper and faster every year
realistically we’re still making a trade-off tho.
say in 10yrs, even the homeless are running 100TB w great bandwidth on the cheapest phone out- that’s great, everyone’s running a node, but lightning doesn’t have enough bandwidth to onboard most ppl nor the mainchain. ppl are restricted to federations/custody for arbitrary reasons
What about memory, CPU, bandwidth?
Block wars was a tough period.
Running a full node myself I really appreciate the reasonable disk space required. I'm assisting other beginners running a node and the 1TB requirement has been a very low barrier to entry... Not mentioning the low bandwidth requirements.
The off chain scaling solutions last 5 years have been amazing to see as well!
đź‘€