[bitcoin-dev] The need for larger blocks

Filipe Farinha filipe at ktorn.com
Sat Jun 27 06:13:17 UTC 2015


On 27/06/2015 03:36, Peter Todd wrote:
> * Make websites with easy to understand displays of what the current mempool
>    backlog is, and what fee/KB is needed to get to the front of the queue. We've
>    done a great job for Bitcoin price charts, let's extend that to transaction
>    fees.
>
+1

This is especially important if take into account all the projects that 
aim to build upon the bitcoin blockchain and that can have a significant 
impact, both in terms of storage space as well as transaction volume spikes.

Just recently I suggested the need for a BIP to standardize reporting of 
"delay alerts" in wallets, so that users can act accordingly (i.e. 
fee-bump, postpone, cancel) before sending their transactions during 
these periods of increased transaction volume.

https://community.blockstack.org/t/blockstore-footprint-on-blockchain/68/5?u=ktorn

IMHO keeping the users informed of potential issues before committing 
transactions to the network can go a long way towards preventing 
frustration and potential backlashes against blockchain tech.

Filipe Farinha


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