If you had a single chance to double the transactions/second Bitcoin allows...



Summary:

The author of the message has researched the viewpoints and conclusions related to increasing the target block creation rate, as suggested by Sergio. While not finding conclusive evidence, they did find persuasive points by Dave Hudson that support this idea. Increasing the target block creation rate could reduce the effect of the fundamental mismatch between transaction creation and the Poisson process of block discovery and could reduce miner variance, possibly aiding miner decentralization. The author wonders why this idea does not gain more traction when brought up, as it seems logical. The links provided include the original message by Sergio, Dave Hudson's arguments, a Twitter post by hashingitcom, and an analysis by hashingit.com. Additionally, there is a tweet by jgarzik that acknowledges the idea but notes that it does not solve the fundamental mismatch issue. Lastly, there is a blog post by Gavin Andresen discussing why increasing the maximum block size is urgent.


Updated on: 2023-06-10T18:51:11.936818+00:00