0 sats \ 0 replies \ @rijndael 3 Jun 2023 \ on: A discussion on block size bitcoin
A lot of people think storage is the main constraint. It’s actually the least important one.
- bandwidth needed to IBD
- validation time
- block propagation time, especially between miners
Are all things we need to keep from growing out of control if we want to have a decentralized and permission-less system.
As more bandwidth becomes more available, and ZKPs start to help with things like the first two, we probably re-do the numbers at some point.