The Satoshi Nakamoto Bitcoin Blocksize Mystery

12,757 Views · Posted 5 years ago

What were Satoshi’s views on the blocksize of Bitcoin? Was he for or against bigger blocks? The Bitcoin blocksize has been the single biggest issue facing the cryptocurrency since it’s launch. The debate has caused chain splits resulting in two forks, Bitcoin Cash and Bitcoin SV which both utilize bigger blocks. Are they actually following more closely Satoshi’s vision according to his own words?? Tune in to find out as we uncover the mystery of Satoshi’s Bitcoin blocksize mystery!

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⏰ Time Stamps ⏰
00:08 Introduction
00:30 Bitcoin Scaling Is The Single Biggest Issue With Bitcoin
00:41 Bitcoin Isn't Fulfilling The Vision Of Being Electronic Cash
01:21 Scaling Of Bitcoin's Base Layer Comes Down To Blocksize & Blocksize Limit
01:45 Original Bitcoin Code Didn't Have A Blocksize Limit
01:57 Satoshi Secretly Adds In 1mb Blocksize Limit
02:41 Why Was It Added?
03:03 Jeff Garzik Puts Forward A Patch To Increase Blocksize To 7mb
03:33 Why 7mb Blocks Was Rejected By Satoshi & The Community
04:08 Satoshi Says Larger Blocks Could Be Phased In When They Need It & Gives An Example Of How
04:44 Satoshi Envisions Large Blocks In 2008 Email
05:51 Satoshi Talks About Bigger Blocks Regarding Micro-Transaction Spam In The Bitcoin Network
07:22 Satoshi Left Without Explaining Their Views On Blocksize
07:41 Conclusion: Can Bitcoin Scale Without Bigger Blocks?

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