Replying to Avatar kidwarp

Interesting

Step 1. Ban L1 scaling.

Bitcoin: Core developers refused to scale L1, dropped all proposals to increase the block size, censored all those who opposed

Ethereum: Foundation refused to scale L1, dropped all proposals to increase the gas limit (remember EGL?), dropped sharding from the roadmap, invented the phoney "blockchain trilemma"

Step 2. Introduce scaling "solutions".

Bitcoin: introduced custodial centralized L2s financed by banksters (Lightning, Liquid, etc.)

Ethereum: introduced custodial centralized L2s financed by banksters (all rollups have admin keys despite pretending to be DAOs)

Step 3. Make L1 even more expensive.

Bitcoin: introduced special fee discount for using L2s (SegWit discount, Tapscript) so it becomes even more expensive to use L1 compared to L2

Ethereum: introduced special fee discount for using L2s (the newest hard fork)

Both call it "scaling". The truth is it's not scaling: it's just an attempt (a successful one so far) to lock people into custodial L2 products.
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Foxfire Mushrooms 1y ago

I’ve been listening to podcasts about scaling recently and it definitely concerns me. When I hear people say that 99% of people won’t be able to hold their own keys, to me that doesn’t sound any better than gold, which is what bitcoin was supposed to solve in the first place. Not affording to hold my own keys is definitely not what I thought I was signing up for. It seems like a really good way to push people toward alt coins.

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kidwarp 1y ago

Agreed