
← Hell Money7 okt · 1 u 29 min
The Blocksize Wars Never Ended
<p>The Blocksize Wars were supposed to be over. They aren't.</p><p><br></p><p>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.</p><p><br></p><p>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.</p><p><br></p><p>Get bonus content by subscribing to @hellmoneypod on X:https://x.com/hellmoneypod/creator-subscriptions/subscribe</p><p><br></p><p>Or support the podcast by sending a BTC donation:bc1qztncp7lmcxdgude4px2vzh72p2yu2aud0eyzys</p><p><br></p><p>ORDINALS SHIRT:https://shop.inscribing.com/products/ordinals-protocol-shirt</p><p><br></p><p>TIMESTAMPS</p><p>0:00 The Blocksize Wars</p><p>3:55 Bitcoin Prehistory: Satoshi's 1MB Block Size Limit</p><p>6:15 Gavin Andresen: Satoshi's Chosen Successor</p><p>8:29 Bitcoin Foundation, Greg Maxwell's Blockstream & the Handover to Wladimir</p><p>9:36 BIP 101: Gavin Andresen's 8MB Hard Fork Proposal</p><p>12:28 Peter Wuille's BIP 103: The Rejected Compromise</p><p>14:22 Bitcoin XT: Mike Hearn & Gavin Andresen's Hard Fork Client</p><p>16:15 Theymos Infinity Snaps r/Bitcoin</p><p>20:28 BitPay, Circle, BitGo, & Other CEOs Back BIP 101</p><p>22:01 Reading Satoshi's Tea Leaves</p><p>28:25 Big Blocks vs Small Blocks: The Core Arguments</p><p>29:11 RBF vs First Seen Safe: Peter Todd's Controversy</p><p>34:08 The Highway Analogy: Fee Markets vs More Lanes</p><p>39:15 Scaling Bitcoin Montreal 2015: Gavin vs One Meg Greg</p><p>46:00 What If Big Blocks Won?</p><p>49:45 Big Blockers vs Communists: Right Diagnosis, Wrong Cure</p><p>53:30 Greg Maxwell vs Gavin Andresen: Open vs Private Discourse</p><p>1:03:55 Economic Nodes vs Miners: Who Controls Bitcoin?</p><p>1:07:50 What Is Bitcoin Consensus?</p>