Moon on Nostr: nostr:note1pdkdmhpjl50th8vhle286jtz0hsfljkw835fm7vx839j94685rqs6jx6w7 Anyone have ...

quoting note1pdk…x6w7

How does #bitcoin scale really tho? Like if the current solutions like Lightning cannot scale self custody to the masses, do we invariably fall back into fractional reserve - with a couple of bitcoiners traded in as the new masters in a few places here and there?

I am asking because thinking about this seems to always lead to back to big blocker logic. Like I’m not talking about Bitcoin Cash, I’m talking about Moore’s law scaling to where a decentralized network can be run with blocks several orders of magnitude larger with the standard of widely accessible consumer compute. At such a point, if we reach it, does an expansion of blocksize start to make sense?

We certainly should not sacrifice bitcoin’s decentralization, but does that actually require Bitcoin being locked into the storage and bandwidth standard of 2008 as we progress into the future?

Thoughts?

#AskNostr
#Plebchain
#DeepThoughts

Anyone have thoughts on this? It’s been seriously bugging me a for a while.

#AskNostr
#Plebchain
#Bitcoin