Bandwidth and CPU time has historically improved on average approx. 17% per year. Since block size wasn't reduced, and in fact was increased, we have a LOT of catch-up to do if we ever want Bitcoin to be safely decentralised again. Do u think we need to reduce block size to keep bitcoin safe ?
I mean at least 80% of economic activity should be verified (users verify own incoming tx), anything less means there is a real risk an invalid chain will prevail over a valid one. Any block size larger than 300k increases the cost FASTER than technology becomes cheaper. Do you agree?