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RE: How High Transaction Fees Killed Bitcoin

in #bitcoin7 years ago

Well, I agree that it was kept artificially high yes. But really, if BTC is expected to scale with all these extra transactions, sooner or later a solution should be found. And just upping the size of the bocks is only a temporary fix.

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That doesn't make sense....how is that Gavin Andresen & Satoshi himself consider block size increase as the solution?

They (probably) didn't. That why I wrote that it's not a good solution. It's a stop gap at best.

That's what he said in 2010 in bitcointalk:

Interesting. Thanks.

No problem.