Another episode of Bitcoin Uncensored is up, and it’s a good one. This time, hosts Chris DeRose and Junseth talk with Roger Ver. Chris and Junseth have a showdown of sorts with Ver about the Bitcoin block size, the most contentious topic in Bitcoin at the moment.
Also read: Bitcoin Uncensored: The Libertarian Nonsense Machine
Roger Ver: Big Bitcoin Block Size or Bust
Ver, affectionately known as “Bitcoin Jesus” in the cryptocurrency world, travels the world spreading knowledge and adoption of Bitcoin. A long-time advocate of privacy and individual liberty, Ver became interested in Bitcoin early on, becoming the first person to invest in Bitcoin businesses, as well as making his company one of the first substantial corporate firms to accept bitcoin for payment.
Most recently, Ver purchased the Bitcoin.com domain, turning it into a prime destination for educational resources on Bitcoin, privacy and individual liberty.
Ver is an ardent supporter for big blocks, arguing in this episode of Bitcoin Uncensored that the Bitcoin network currently faces heavy congestion, resulting in long transaction times. This long waiting times, Ver argued, has prevented many large companies and investors from getting involved in Bitcoin, cutting the technology off from a large source of potential growth.
Out in the world, Ver has put action behind his support for bigger blocks, coming out in defense of BIPs like Bitcoin Classic and the more recent Bitcoin Unlimited. In fact, the new mining pool on Bitcoin.com has tested Bitcoin Unlimited blocks.
However, Chris and Junseth disagree with Ver on his block size stance. They argue that the network has done fine so far, with the block size approaching its 1 MB limit, and are skeptical about the problems Ver claims will occur if the block size isn’t raised soon.
The back and forth that ensues is certainly worth watching. This special edition of Bitcoin Uncensored can be watched in its entirety on YouTube. Audio-only versions of each regularly-scheduled episode can be found on SoundCloud.
https://www.youtube.com/watch?v=1-z-zTBHOO8
Who do you think won the debate? Let us know in the comments below.
Cover image courtesy of Roger Ver.