Vitalik Buterin's Look at the Block War in Bitcoin: He Also Gave an Altcoin Example!

Vitalik Buterin published a new article and discussed Bitcoin's block size war.

In his article published today, Vitalik Buterin emphasized two main views on how Bitcoin's block size should be increased. Vitalik Buterin touched on some points with the Bitcoin block size debate.

Arguments included in the article included the big block side having a point and the small block side being more technically sound.

Vitalik Buterin stated that he saw himself among the big bloc side in the past, but that the arguments of both sides have strengths and weaknesses. It was emphasized that those who support small block attach importance to the ease of running a node, but those who support large block attach importance to low transaction fees.

Supporters of major blockchains initially promised Bitcoin as a digital currency, but high transaction fees threatened this, leading to reliance on untested layer-2 protocols.

According to the article, the small-block side thinks that big-block supporters want to take control of Bitcoin. The big block side, on the other hand, states that small block supporters are closed to innovations.

Bitcoin Cash (BCH) example

Vitalik Buterin said that big block supporters are paying the price for focusing on opposing instead of building, and also gave an example with Bitcoin Cash. In Buterin's example, he used the following sentences:

Although they split from Bitcoin to form Bitcoin Cash, the community split two more times before finally stabilizing.

According to Vitalik Buterin, this situation causes talented people to be pulled to one side and the other side not to become stronger.

The founder of Ethereum said that he wrote this article to shape the future of Ethereum by learning from Bitcoin.