When CoinTelegraph asked the Bitcoin Wallet software providers listed on bitcoin.org, they showed broad support for increasing the Bitcoin block size limit from 1 to 20 MB.
The teams behind Bitcoin Wallet, Bread Wallet, Coinomi, mSIGNA, Electrum, MultiBit and Armory all indicated they support Gavin Andresen’s proposal to increase the block size, which would allow for a greater number of transactions to be handled by the Bitcoin network. GreenAddress was the only opponent, as covered on Monday regarding web-wallet providers’ stance on the block size issue.
Most of the software providers acknowledged that raising the block-size limit would come with a trade-off, as the increased hardware and bandwidth requirements could result in a loss in full nodes. None of them believed 20 MB would lead to a problematic level of centralization.
Some developers, however, shared a concern with critics of the increased limit that there will be a need for some scarcity in Bitcoin blocks in the long run, in order for a fee market to emerge. Bitcoin miners need to earn enough income