RE: Hive Decentralize Standards And Journey To Power Web3 With Scalability
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Are there any detriments to increasing the block size? I would think there wouldn't be any but would it decrease the time for a block to get approved (3 seconds right now)?
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I think increasing block size would mean the need for better hardware/servers, which means running witness nodes costs will be more expensive. While top witnesses probably will be ok, this will affect backup witnesses too, who may not have enough witness rewards to pay for higher costs.