Subnostr

Issues with #bitcoin could be fixed as simply as changing to a dynamic #blocksize.

Do you think this statement is wrong?

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Discussion

How would dynamic block size economics differ from the economics of dynamic difficulty adjustment?

Dynamic block sizes would make fees almost none existent

How do miners get paid to secure the network in this scheme ?

The block rewards

The mining difficulty has nothing to do with block sizes.

That’s what makes sure blocks time averages 10min.

So you suggesting an additional dynamic factor. Not sure I see the reason, care to elaborate ?

Why does the block size need to stay fixed?

It doesnt, but if its not fixed you arent describing how miners are incentivized to secure the network. I thought you had thoughts on this based on your initial post, good day🤙🤙

Again the block reward will.

Ok. Try bitcoin cash i think thats pretty much what you are describing.

No I was implying a change to the code of bitcoin…. And yes this is not the first time this has been brought up…. But it’s been 5 years and the lighting network still has failed to scale….?