Replying to Avatar mark tyler

I hadn’t heard of Graftroot. Yeah i really need to dig into the block side wars. Seems like Ethereum’s (classic) bottleneck isn’t so much the proof of work, but the actual validation right? With so much stuff shoved in there, the nodes need to do a relatively large amount of computation to validate each block. I think that’s still true of proof of stake but I agree they have a much stronger overall centralizing effect.

The current L2 footprint I think will have a long term centralizing effect on bitcoin..

In addition to that book I need to learn about managing Lightning in/out liquidity. Seems like that will help inform my intuition
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Geist 2y ago

I would definitely not trust my analysis of the ethereum centralization. I wish the big bitcoin podcasts paid a bit more attention to this stuff because it stands as excellent examples of what we want to avoid. I'm not exactly worried about the current state of bitcoins L2, I think there's just a lack of utility; if I was receiving my paychecks on lightning you are damn straight I'd have my own lightning node, but for zapping plebs I'm sticking with WoS.

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