Peter Todd [ARCHIVE] on Nostr: 📅 Original date posted:2022-04-24 📝 Original message:On April 22, 2022 11:03:51 ...
📅 Original date posted:2022-04-24
📝 Original message:On April 22, 2022 11:03:51 AM GMT+02:00, Zac Greenwood via bitcoin-dev <bitcoin-dev at lists.linuxfoundation.org> wrote:
>I like the maxim of Peter Todd: any change of Bitcoin must benefit *all*
>users. This means that every change must have well-defined and transparent
>benefits. Personally I believe that the only additions to the protocol that
>would still be acceptable are those that clearly benefit layer 2 solutions
>such as LN *and* do not carry the dangerous potential of getting abused by
>freeloaders selling commercial services on top of “free” eternal storage on
>the blockchain.
To strengthen your point: benefiting "all users" can only be done by benefiting layer 2 solutions in some way, because it's inevitable that the vast majority of users will use layer 2 because that's the only known way that Bitcoin can scale.
📝 Original message:On April 22, 2022 11:03:51 AM GMT+02:00, Zac Greenwood via bitcoin-dev <bitcoin-dev at lists.linuxfoundation.org> wrote:
>I like the maxim of Peter Todd: any change of Bitcoin must benefit *all*
>users. This means that every change must have well-defined and transparent
>benefits. Personally I believe that the only additions to the protocol that
>would still be acceptable are those that clearly benefit layer 2 solutions
>such as LN *and* do not carry the dangerous potential of getting abused by
>freeloaders selling commercial services on top of “free” eternal storage on
>the blockchain.
To strengthen your point: benefiting "all users" can only be done by benefiting layer 2 solutions in some way, because it's inevitable that the vast majority of users will use layer 2 because that's the only known way that Bitcoin can scale.