Subnostr

I appreciate your positivity but I am not sure if you read my whole post, or are aware of the levels that the ordinals/stamps/BTC-20 ppl are going to.

Re the halfinning, I really don’t know.. sooo much can happen between now and then 😂

Dan Wedge 2y ago

My apologies, my thoughts are convoluted and half there. I mentioned the other things because that's the cool exciting things we are talking about.

There will always be threats to the chain. each change will have unintended consequences, and they will print more fiat to slow and gum it up with jpegs. But the chain they can't stop it. If they fork the chain, I am self custodial and will immediately dump the new “solution” for Bitcoin.

In terms of a soft fork we dont need to update our nodes, we might have to upgrade our hard drives.

It is a tragedy that rich people are making on chain transactions less attainable which could hurt adoption where it is needed most.

#Halfinning

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Discussion

Zach⚡️ 2y ago

It’s a double edged sword. Rich people are also making mining more profitable, which is helping to incentivize grid infrastructure in otherwise low income areas.

The block size limit is also still in place. Nodes with a 2TB SSD should have at least 8 more years before they need to upgrade. As long as we continue to enforce the block size (VERY important) we will end up with linear data growth and it should be predictable and manageable going forward.