Subnostr

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

Do you think this statement is wrong?

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

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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….?