It’s been 14 years and we’re just over half a terabyte. Do the math on when we reach a petabyte. Are we assuming that our hardware will never improve?
Also seems to be that we’re trying to shoehorn every thing every other currency DOESNT do into Bitcoin.
For instance do you think final settlement (what L1 provides) is done when you deposit your bank check? Use Visa?
We have L2 technologies being worked on.
This stuff is working. You’re argument isn’t really convincing.
All the coolest blockchain projects you can name, the cool part has nothing to do with blockchain.
For example, the biggest privacy concern with Lightning is it's connection to the eternal immutable Bitcoin blockchain, which needs to be severed.
You're doing math on current usage, which is hardly ubiquitous. Keep up.
“Keep up” he says.
No one knows what the hell you’re talking about.
I'll bet that downloading the entire timechain in 2030 will go faster than it does now. The storage metric is interesting, and the L1 final settlement is interesting too. Maybe we'll stream the last 1000 of blocks on our phones all the time. Maybe L1 will become too expensive for average spenders.
