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Did Ethereum’s Fork Validate Bitcoin Block Size Conservatism?

Joe Colangelo, Executive Director of Consumers’ Research, remarks on the blockchain in Coindesk.

Joe Colangelo, executive director of Consumers’ Research, for example, said that he believes the result “completely vindicates” the path taken by Bitcoin Core, the network’s largely volunteer development team.

Colangelo reasons that the conservative nature of the development team, while perhaps frustrating to some in context of a capacity change, has given himself and others confidence in other rules that make bitcoin valuable.

He told CoinDesk:

“The intransigence of the bitcoin development community is a feature, not a bug. If it’s this hard to raise the block size, that 21m limit for bitcoin looks rock solid.”

Read the full article here.