Nostr Web Client

"Maybe in the lifetime of a typical person, they will do a handful of base layer interactions." -Bob Burnett, CEO of Barefoot Mining

youtu.be/ta6zKS3ladM?si…

In this episode we talk:

- Full blocks & 300,000+ tx awaiting confirmation

- Block scarcity and #Bitcoin fees

- In the future will people be able to afford to hold their own keys?

- Will there be another Blocksize War? Next time a Block *Time* War?

- Bitcoin scaling through layer 2s like Lightning and Fedi

Hi Nat

Short note: Best show ever

Long note:

I recently heard about the limits of the Bitcoin network but didn’t understand it.

Your show with Bob Burnett, CEO of Barefoot Mining, revealed (to me) the limit(s).

With the ~2700 transactions per block (an average) and 1 block every 10 mims it was easy to get to the 140M transactions per year.

This, of course, raises the urgency for building out, solidifying, layer 2 tech; lighting, liquid, fedi or other.