No not at all. I think there's an alternative solution that can be created w/o increasing blocksize outright. I believe an innovation is possible and a solution to the inscription issue as well. Bcash was an overly simplistic solution that compromised security.
L2 is working and gaining traction and hopefully L3 does too.
I'm saying I believe that transacting on L1 shouldn't be overly expensive and prohibiting for those who need it most and I believe there is a solution ready to be discovered and implemented that doesn't cause digital space to increase more than marginally.
Also the ordinals clogging up space is an issue as well as it was an unintended oversight. I'm not against inscriptions... but it's having impacts.
Outright increasing blocksize is the last resort option. But if L1 continues to exponentially get more expensive, it ceases to be a P2P network that plebs use.
I'm all for L2 solutions, but still believe L1 should be usable by plebs.
For who? And what?
Know what I mean? It's becoming a network for larger transactions and entities.
It's a shame common plebs and those who NEED it most will be forced to use other blockchains or into L2, L3 options which obviously sacrifice some security and decentralization for the scalability.
No.
I'm not advocating for that.
But Satoshi is on record saying the blocksize would become an issue eventually. And the ordinal issue is real. Sort of a loophole/oversight.
I LIKE that Security and Decentralization were prioritized over Scalability... but I think something can be innovated to help alleviate high network fees.
Would he sensible to figure it out. While also keeping digital space minimal thereby allowing a maximal amount of full nodes.
Yes. 100%.
Small blocks = increased security... but decreased usability when network fees get high.
It's an issue.
Satoshi wanted blocks to scale eventually.
Lightning on L2 is a decent option. But still. L1 needs to be better thought out.
Core needs an upgrade to sort of Ordinals and high block fees.
Hahaha. There's a Solana joke in here somewhere.
Same. This is my understanding too. Same with Fedi and Fedimint.
Almost like a new concept of a bank...
Walled ecosystems of trust.
If I have this right, conceptually.
Spicy haha. Zoomers aren't THAT bad.
True true true.
Heirloom tomatoes taste 100% better IMO
