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RE: Bitcoin Will NEVER Gain Mass Adoption (video/podcast)
Also just want to point this out 1 MB block is a security feature:
Don't believe me here words from a BCH fan:
Nothing wrong with bigger blocks but as seen you can't just increase it-it becomes an attack vector. You either cap it or let go up the limit which let blocks grow infinitely. i much support at max 10 MB blocks on bitcoin.
I don't see how that quote from Vin provides support for what you're saying. Can you clarify?
How does bigger blocks become an attack vector?
Assuming you're right and you can't just let it grow infinitely, that points to either a lack of foresight from Bitcoin developers, impotence of Bitcoin developers, or some other structural problem which inhibits development. The block size issue went on for literally years before they implemented SegWit.
this issue was always known in theory. CSW just made it into an attack vector officially. The attack vector is to spam blocks so much it disconnects other nodes thus giving them more power to mine.
there are to ways to slove it make it a limit or make no limit at all and hope for the best.
A block limit makes fees high but not shut down node. In no limit method the node client and your own resources just have to get good
Okay, interesting. Doesn't the fact that you have to pay fees to ensure inclusion prevent spamming blocks? Is this a problem with Dash or with Steem?
yep fees prevent this type of Ddos. Smaller MB blocks make this cost get more expensive thus preventing prolong spamming. Dash might have this problem but their use of masternodes helps them subsidize big blocks. That is why I believe if their is one coin that can do big block it is Dash.
Steem no... due to RCs which depend on your steempower(after the base limit) so the built in spam prevention system is kinda like a collateral based system. the more steempower you have more Rcs(resource credits) you have. Or in the future you can rent out RCs but even then spamming won't work that well.