Would it be not the case we can increase Blocksize and make the current Hive (Hive power) more powerful?
Like, update a solar panel that generates more RCs. I think with better tech it will become like halving events, which makes hivepower by nature more powerful.
Sure with Millions/ Billion of users, it would be different depending on grow rate :)
Edit: After I watch the full video I like it really much :) Scale to the moon, makes everything faster and with soft wallets + speak network = super easy onboarding.
Is the data on speak encrypted or not? Like a p2p encryption.
I don't see a need to raise the blocksize for Hive. However, if we needed to, we could come together and reach a consensus as a community, instead of a big split as we see in PoW networks.
I ask for a while Blocktrades about this, he was in the opinion 20x Blocksize would be doable because bitshares has 1mb blocksize.
And if i think about it, it is a really cool thing to have if needed :)
A sustained raise in blocksize beyond a reasonable limit is not scalable.
I agree, it will only show it could scale more easy than ETH in the case we would need more.
For Example 2x size increase would be in this case very doable if needed :) Even 10x.
Its only good to know, it could be a possibility.
That is yet to be tested. Ethereum has many times more usage than Hive. Both Hive and Ethereum lack a sufficient long term sharding scalability system. (Although Ethereum 2.0 will significantly improve scalability). The fee structure on both Hive and Ethereum is completely arbitrary and doesn't really represent the true underlying scalability system. Will wait and see of course.