2MB this, 2MB that, and blah blah Blockstream...
my question is, what innovations and developments does this thing have ?
who's the talent ?
1MB more ? is that it ?
its stepping stones..
people want more transaction capacity so that the greedy miners dont keep increasing fee's due to only letting in firstclass transactions.
imagine it like a train with 4000 seats..
miners give 95% of seats to first class customers and then allow just 200 economy customers to stand in the aisle..
but if the train had 8000 seats, then the demand and desire to pay first class prices will drop as everyone can sit comfortable without delay or crowding..
because right now in 2016, even in 2017 and 2018.. transaction fee's are not in reality a proper income for miners anyway.. they dont care about the fee's for financial gain. to them its about a power struggle and excuses to not do their natural job of solving blocks which are paid for by the block reward. they wil find anyway to do the minimum.. and blame it on capacity rather than incompetance or lack of morals
so after the increase, when the capacity excuse gets mooted, then the community can concentrate on other features of actual benefit, relaxed that miners are not pricing people out of using bitcoin.
another bandcamp want the capacity issue to continue to irritate people that way people will go running over to their liquid altcoin, leaving bitcoin destitute.. with transactions that cant be validated and a high transaction fee... unless your using their biased features..
so the main smart community just want a basic improvement. nothing singing or dancing. to then allow them to make proper features of actual benefit that wont be biased to one side or the other. features that any and all implementations will want to include.. rather then features only available to a few
