PABLOF7z on Nostr: new or old - it π is always π important π₯ to π ask questions. as they say ...
new or old - it π is always π important π₯ to π ask questions. as they say verify don't trust. particularly with something new. learning how something works and π€ why is part of the process. in time the questions will change π― as understanding improves. π€ for me it is question π messaging and π actions. currently the messaging doesn't π match the actions. the talk of ossification π reinforces this. money go π up was not π€ the purpose of btc. it's value π is as peer to π― peer medium of exchange ( no middle men). as the network grows so will the value. storing btc and stagnating the network π with coins that don't move .... is π like π― having a π₯ computer that π is slower than your brain. zero value. or cold storage with 0s and π 1s. if the reason π the π btc network is stagnating π is the π size of the blocks restricting π the number of transactions, why π not increase the block size? node ownership? is that really π€ an argument? we π― have π no idea π how credit cards work but thousands use them. π₯ privacy? chainanalysis would appear to π undo that argument. supporting the network? really? π₯ domestic tinkerers vs network trained π staff across π₯ thousands of businesses worldwide? π the network will survive and thrive with usage of network with spv as designed. think email. block size was unlimited π₯ by design. π the restriction was an early stage π protection π against denial π of service 'dos' attack on an infant network. π― that needs seems π considerably π reduced judging by network size today. so why do we still need small π― blocks? lightning network - π redesigning the wheel. spv π― already serves π that need. bitcoin cash still uses it. looking to π₯ the future and big fees, slow π transactions π on-chain - what happens when π millions of lightning users need to do on-chain transactions π€ too? pay the ransom π or bottleneck? as i π said - message π and π actions. they don't marry. we are all being π told π a million reasons, that it π€ is π― essential to π₯ run π€ small blocks π€ but π nobody is asking the question why? The btc design allows for π₯ unlimited blocks - why not let the free market decide π what size blocks π are π best? ignoring market π€ needs π is never good for a business. it is not boding π well for btc either despite all the π hype π― and money go π₯ up. seems a reasonable question? let's have a discussion on block sizes and get some real feedback on big π vs small and π let the chips lay where they land. should btc return to being an π― moe, i π€ suspect the true value will return. here's hoping. GM π π relay.primal.net
Published at
2024-09-22 11:49:27Event JSON
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"content": "new or old - it π is always π important π₯ to π ask questions. as they say verify don't trust. particularly with something new. learning how something works and π€ why is part of the process. in time the questions will change π― as understanding improves. π€ for me it is question π messaging and π actions. currently the messaging doesn't π match the actions. the talk of ossification π reinforces this. money go π up was not π€ the purpose of btc. it's value π is as peer to π― peer medium of exchange ( no middle men). as the network grows so will the value. storing btc and stagnating the network π with coins that don't move .... is π like π― having a π₯ computer that π is slower than your brain. zero value. or cold storage with 0s and π 1s. if the reason π the π btc network is stagnating π is the π size of the blocks restricting π the number of transactions, why π not increase the block size? node ownership? is that really π€ an argument? we π― have π no idea π how credit cards work but thousands use them. π₯ privacy? chainanalysis would appear to π undo that argument. supporting the network? really? π₯ domestic tinkerers vs network trained π staff across π₯ thousands of businesses worldwide? π the network will survive and thrive with usage of network with spv as designed. think email. block size was unlimited π₯ by design. π the restriction was an early stage π protection π against denial π of service 'dos' attack on an infant network. π― that needs seems π considerably π reduced judging by network size today. so why do we still need small π― blocks? lightning network - π redesigning the wheel. spv π― already serves π that need. bitcoin cash still uses it. looking to π₯ the future and big fees, slow π transactions π on-chain - what happens when π millions of lightning users need to do on-chain transactions π€ too? pay the ransom π or bottleneck? as i π said - message π and π actions. they don't marry. we are all being π told π a million reasons, that it π€ is π― essential to π₯ run π€ small blocks π€ but π nobody is asking the question why? The btc design allows for π₯ unlimited blocks - why not let the free market decide π what size blocks π are π best? ignoring market π€ needs π is never good for a business. it is not boding π well for btc either despite all the π hype π― and money go π₯ up. seems a reasonable question? let's have a discussion on block sizes and get some real feedback on big π vs small and π let the chips lay where they land. should btc return to being an π― moe, i π€ suspect the true value will return. here's hoping. GM π π relay.primal.net",
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