a thoughtful web.
Good ideas and conversation. No ads, no tracking.   Login or Take a Tour!
comment by mk
mk  ·  3180 days ago  ·  link  ·    ·  parent  ·  post: Bitcoin's mempool is over 20 MB

Yeah, it's approaching useless now.





user-inactivated  ·  3180 days ago  ·  link  ·  

Is there something they can do to fix this? Or is this problem a fault with how BitCoin actually works?

ThurberMingus  ·  3180 days ago  ·  link  ·  

A block size limit was implemented in 2010, at 1MB, which at that time had no effect on normal use, but made DDoS attacks very expensive.

The limit was never removed or raised.

Now after 6 years of growth the limit makes normal usage expensive and slow.

There has been a small push to fix the limit over the last year, but influential people have strongly opposed it due to ?? and potentially a chance at control maybe.

mk  ·  3180 days ago  ·  link  ·  

It's a simple fix. Just one line of code. It's just that the core client developers are against it, and the miners haven't been convinced to change to a alternate client.

It's totally self-inflicted, and a very large number of people saw it coming.