Never going to happen.
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
Discussion
BTC strength is its immutability. It's the main thing that differentiates BTC from ETH, XMR, BCH, LTC.
Giving up ones main identity is always bad. If there is value in BTC and its immutability the market will make it profitable and by that secure. If not, the market will move to other established solutions the moment you give up your unique selling proposition.
Immutability = a transaction can’t be reversed once confirmed into a few blocks
The term has nothing to do with forks and upgrades, which have been around forever.