Bitcoin has mining centralization problem due to following phenomena, bigger blocks increase it further & will kill bitcoin in long-term:
1. The median propagation time is comparable for various locations[0] & mostly a factor of blocksize. Article[1]. Or you could watch the scaling bitcoin conference videos on youtube.
1. The median propagation time is comparable for various locations[0] & mostly a factor of blocksize. Article[1]. Or you could watch the scaling bitcoin conference videos on youtube.
2. Mining variance[3]
[0]https://research.tradeblock.com/wp-content/uploads/2015/06/P... [1]https://tradeblock.com/blog/bitcoin-network-capacity-analysi... [3]https://medium.com/@lmgoodman/why-mining-variance-matters-80...