Prediction: in a few years we’ll increase the Bitcoin block size.
If the reactions to pegged sidechains are so hostile and almost nobody wants to break the 21 million supply cap to pay the miners, we’ll conclude that turning the 1 MB into a 4, 8, 16 or whatever isn’t that bad because at least we understand the tradeoffs and there is no extra complexity involved.
As @peterktodd put it: it’s cheaper to increase the computation costs than to increase the degree of human politics.
For more hot takes, listen to the Bitcoin Takeover podcast 🔥🌶️ https://video.nostr.build/5b337cc53eb37cd2290f46545c33404bf8a3d841c970ae8de19b61dca52886b4.mov
Also who is we here? I definitely won't increase the blocksize nor will I support drivechains.
The solutions are already out there for those who give up the mental flaw of maximalism.
The moment BTC gives up its immutability will mark the end of its major value proposition that makes it distinct, and uniquely valuable from all other chains.
How do any scaling proposals “give up immutability”?
