[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 99 KB, 1213x1280, 13B5B514-A2A6-4EFB-B021-F66D953235EF.jpg [View same] [iqdb] [saucenao] [google]
16544697 No.16544697 [Reply] [Original]

Tell me again why 10 minute blocks are limited to 1MB?

>> No.16544711

>>16544697
Blockchain storage size justice

>> No.16544792
File: 47 KB, 638x479, JgcGdkp.png.jpg [View same] [iqdb] [saucenao] [google]
16544792

>>16544697
So pic related can run full nudes on his raspberry pi with dialup modem

>> No.16544811

>>16544697
Because bitcoin is only for millions who want to send around $100k but we expect Mtumbe Ngoube to run a Bitcoin node for no compensation. (basically bitcoin jannies)

>> No.16544814

>>16544697

technology of the future!

>> No.16544836

You'll be happy we have small blocks when we go madmax mode in 2020 and have to use ham radios to pay and transact bitcoin. Do you know how long a 10mb block would take to transact with ham radio?

>> No.16545344
File: 680 KB, 1017x1135, 1574648780539.png [View same] [iqdb] [saucenao] [google]
16545344

>>16544697
Based Bobro

>> No.16546246

>>16544697
Because you have 10 minutes to spread the block chain before (on average) a miner finds the next block.