Not sure I agree that it’s not scalable. Seems to me like there’s new developments happening all the time. Have you heard of mutiny wallet for example? Non custodial lightning node on your web browser.
Discussion
How is the LN going to scale it bitcoin doesn’t?
There’s more bitcoin nodes than ever before. More bitcoin in cold storage than ever before. More adoption. All that sounds like scaling to me 🤷🏾♂️
That’s scaling users (adoption) not the actual chain (block space)
Scaling on chain means making bigger blocks.
Bigger blocks ? Are you talking about increasing the block size ? That matter was settled in 2017
Yes yes I am.
That was almost 6 years ago
Just like lightning.
Segwit hasn’t scaled Bitcoin enough at all and it won’t.
It’s time to revisit the idea.
Where in the white paper did it say to keep the block size small?
We need to agree to disagree on this
So you agree to keep blocks small to keep fees high for the miners?
I think the block size should stay the way it is yes. Just like it was decided in 2017
May I ask why?
I’m generally curious as to lots still thinks this way?
We’re you apart of the scene during the block wars?
I dont understand why that matters.
I wasn’t there when gravity was discovered. I still think it makes a lot of sense.
Fair enuff.
I’m just generally curious as to why people still think small block are good.
I’ve seen the bigger blocks experiment. Didn’t work out so well 🤷🏾♂️
It didn’t?
They still work right?
I’m not saying they get used.
But tech works.
That’s what matters.
Change just scares people to much in my opinion.
Are you seriously trying to tell me that those shitcoins work ? How can something trend to 0 and scale at the same time 🤣🤣🤣
Chains are still moving transactions of there are any right.
They are still getting mined.
Scaling users is different from price dynamics based on usage.
I thought we were talking about Bitcoin and lightning. BSV and BCASH are not Bitcoin. 🤷🏾♂️
Agreed they are not bitcoin.
There is only one bitcoin.
Ln is on other chains tho.
Lest we not forget ln is not specific to bitcoin.
Yes I learned that it was first introduced on litecoin. But what I mean is that I thought we were talking about Bitcoin and ln on Bitcoin.
We are.
I was just setting examples.
I personally don’t like the idea of permanent small blocks.
I sold all my bch bsv shortly after the splits after testing the network.
I do greatly appreciate our conversion.
Definitely. It’s interesting to hear a different point of view. This was an interesting conversation ☺️