What is Nostr?
lopp / Jameson Lopp
npub17u5…t4tp
2025-02-01 14:09:48
in reply to nevent1q…vktn

lopp on Nostr: Main point is on the goldilocks slide. Demand fluctuates due to a wide variety of ...

Main point is on the goldilocks slide.

Demand fluctuates due to a wide variety of factors. If supply is static then the likelihood that the supply is optimal at any given point becomes quite low.

If cost of block space is too low, it has centralizing effects / makes thermodynamic security unsustainable.

If cost of block space is too high, it also has centralizing effects / pushes users to trusted third parties or other networks.
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