Just no.
Discussion
I don’t think I have much of say. But just making position known maybe it will help others understand.
Apparently bitcoin core want to soft fork to fix the security vulnerability in the LN. Complete shitshow really.
Have we not learned that side chains/ merged mining just first work?
For fucks sake you’ve read the white paper right? Right?
Why are we deviating from it when it works?
It just works.
Nothing else is needed.
Just the L1 blockchain.
Maybe the bcashers are right. I don’t know. It’s a shitshow that’s for sure what’s happening with scaling bitcoin atm.
Again why are we deviating from the white paper?
You been here longer than me. Maybe you can tell me hahaha
Yeah 90% of everyone forgot that the 1mb limit was temporary & that the internet would get better Lmfao.
But no one cares and thinks we need more broken code to fix what wasn’t broken.
Is it really so simple ?
Yes
Who stands to gain the most my keeping the block size smaller, keeping the transaction fees higher?
Who stands to gain the most from complex transactions to open ln channels?
Who stands to gain the most from merged mining & sidechains?
What is their argument for keeping Block size smaller? Ive never understood this.
So people in poorer countries could run full nodes easier.
All three questions have the same answer.
Miners.
Which miners the ones who can’t afford to run at a loss.
Which miners are they?
The corporate company miners.
Why does this scare people?
Of course not. There are always tradeoffs. Small blocks = more blocks = more participation = greater decentralization. Larger blocks may also slow down settlement as generally smaller blocks means more frequent blocks.
This makes sense. There is a trade off. It’s not so simple.
You think that’s how things work?
I was more just trying to understand his point of view.
