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The Blocksize Wars were supposed to be over. They aren't.
On this episode of Hell Money, Casey Rodarmor and Erin Redwing begin a new series on Bitcoin history by going back to the opening shots of the Blocksize Wars. We get into Satoshi’s 1 MB limit, the rise of Gavin Andresen, BIP-101, Bitcoin XT, the first big blocker/small blocker split, and the increasingly messy question of Bitcoin consensus.
Erin also starts arriving at a dangerous conclusion: the big blockers may have been right about some of the problems. Casey explains why their proposed solution was still worse, and we argue about scarce block space, RBF, fee markets, full nodes, social consensus, institutional adoption, and why so many supposedly settled debates keep resurfacing in Ordinals and BIP-110.
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TIMESTAMPS
The Blocksize Wars
Bitcoin Prehistory: Satoshi's 1MB Block Size Limit
Gavin Andresen: Satoshi's Chosen Successor
Bitcoin Foundation, Greg Maxwell's Blockstream & the Handover to Wladimir
BIP 101: Gavin Andresen's 8MB Hard Fork Proposal
Peter Wuille's BIP 103: The Rejected Compromise
Bitcoin XT: Mike Hearn & Gavin Andresen's Hard Fork Client
Theymos Infinity Snaps r/Bitcoin
BitPay, Circle, BitGo, & Other CEOs Back BIP 101
Reading Satoshi's Tea Leaves
Big Blocks vs Small Blocks: The Core Arguments
RBF vs First Seen Safe: Peter Todd's Controversy
The Highway Analogy: Fee Markets vs More Lanes
Scaling Bitcoin Montreal 2015: Gavin vs One Meg Greg
What If Big Blocks Won?
Big Blockers vs Communists: Right Diagnosis, Wrong Cure
Greg Maxwell vs Gavin Andresen: Open vs Private Discourse
Economic Nodes vs Miners: Who Controls Bitcoin?
What Is Bitcoin Consensus?