Nostr Web Client

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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Discussion

Hazey 1y ago

I use lightning every day and there's nothing custodial about it.

kidwarp 1y ago

brah 1y ago

You are using lightning?

kidwarp 1y ago

Yes

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.

kidwarp 1y ago

Agreed

Companion 1y ago

So you believe the decision by Bitcoin Core is a deliberate attempt to have people use centralized, non-sovereign forms of #bitcoin?

kidwarp 1y ago

It’s very possible,

Companion 1y ago

I'm unsure. Is there any particular core dev that you can point to that wants Bitcoin to be non-sovereign?

kidwarp 1y ago

I wouldn’t know I’m not involved in the dev work

Companion 1y ago

Then, do you find it fair to say it's very possible that the decisions by Bitcoin Core is a deliberate attempt to have people use centralized, non-sovereign forms of bitcoin?

kidwarp 1y ago

It is possible.

Are you a core dev?

Companion 1y ago

The core devs I am aware of are not trying to make Bitcoin worse money. Scaling solutions for LN arent as sovereign as I like them. The UX really sucks. I 100% agree with you.

Though to suggest there is an active drive to make Bitcoin non-sovereign (custodial) without much evidence only spreads a misunderstanding to others.

Companion 1y ago

Why would Bitcoin core devs want Bitcoin to be worse money?