Ya I don’t know about bigger blocks. Blocksize is just fine the way it is. No need for a change. Stability is key in layer 1
On your second point I do agree udi created a spam bomb
Ya I don’t know about bigger blocks. Blocksize is just fine the way it is. No need for a change. Stability is key in layer 1
On your second point I do agree udi created a spam bomb
So the issue that someone with deep pockets can keep raising the fees to make the chain hard to use for the long tail. Long tail is like developers, people opening channels, casual users, L1/L2 interactions, and also the poorest people in the world.
It's an expensive attack, but not THAT expensive. For example if a nation state really wanted to annoy bitcoin they could do that. It wouldnt kill bitcoin, from many POVs it would be good, but it would hurt.
Larger blocks defend against this attack by making the cost more expensvie. Let's say I was paying 1 million per day before, I might be paying 1.1 million instead, or even 2 million, and on top of that they have to keep it up for long periods. Eventually they run out of money. Or better still, the cost is so high they dont try in the first place.
I think the bitcoin timechain is working exactly as it’s supposed to. More traffic causes fees to rise. Free market in its purest form.
I don’t see udi’s ordinals as an attack. It’s just shitcoining on the chain