Sentences with phrase «think increasing the block size»

Based on the current quality of hardware, I don't think increasing the block size up to four megabytes will be a problem for the foreseeable future.

Not exact matches

I think that increasing the block size first will help buy some time towards finding a good long - term solution like sidechains or the lightning network.

I think a hard fork to increase the block size limit is the only way for Bitcoin to develop moving forward, and the only way to preserve the bitcoin mining business model.

The same line of thinking applies to a possible hard - forking increase to the block size limit by way of Bitcoin Unlimited or the newly promoted ideas behind BitcoinEC, although it's less clear if these these particular proposals have the support of the Bitcoin economy.