But wouldn't we always want block space to be at least a little bit of a bidding war? After all anything I add to the blockchain is stored permanently and massively georeplicated.
Miners don't have to store the full chain, end users don't need to store the full chain, but somebody has to store it. Seems like those people, the people running full nodes, should have the final say on how big the blocks are and therefore what the throughput of the network is. I guess in reality, they do, since they decide which fork to run. Right?
Miners don't have to store the full chain, end users don't need to store the full chain, but somebody has to store it. Seems like those people, the people running full nodes, should have the final say on how big the blocks are and therefore what the throughput of the network is. I guess in reality, they do, since they decide which fork to run. Right?