1MB block is dangerous to Bitcoin
04.07.2017, Barry’s Silbert’s New York agreement receive a new criticism in form of blog from Luke-jr. well-known Bitcoin core developer.
This post came before SegWit2x’ day- the code that carries the roadmap settled upon at Barry’s meeting-entered beta phase.
He says about the Bitcoin’s future with SegWit2x’s. “4–8MB block sizes are not sane. Even 1MB blocks are already clearly dangerous to Bitcoin.” In addition, “I cannot foresee myself consenting to the hard fork proposal under almost any circumstances, except perhaps with a soft fork to limit the size to something reasonable.”
By adding the whole SegWit2x phenomenon, Luke-jr is another source of criticism. He adds, “distraction from the upcoming BIP148 soft Fork, which is already irreversibly deployed to the network.”
Barry’s had hard struggle from the beginning. Accordingly, he also contributes in the meeting, especially Roger Ver showing the sign of U-turn.
The concluded word
Luke-jr was cautious to note any SegWit2x scheming would likely initiate and finished with NYA Bitmain participant. In that scenario, he comes to and ends with the point, “I don’t mean to imply that all the participants to the NYA have this goal [distraction from BIP148] in mind! But rather that the design of SegWit2x is such that it fits this purpose.” In addition,“Bitmain may very well have done this intentionally. but it seems unlikely anyone else intended it.”
Complete detail is available on Twitter,