What is Nostr?
Peyton Allworth /
npub16eq…u3m6
2024-05-02 20:23:15
in reply to nevent1q…uxhw

Peyton Allworth on Nostr: If increasing block size a small amount would allow for the miners to get more fees ...

If increasing block size a small amount would allow for the miners to get more fees in total and lower fees for the average person shouldn’t that be a good thing?

I agree that block size should not be increased at the expense of miner revenue but would think that block size should be somewhere close to where miner revenue is maximized. Open to having my mind changed on this, Satoshi essentially had to guess what would create some scarcity of block size the first decade and after that it’s on market forces.

Open to having my mind changed on this tell me why I’m wrong
Author Public Key
npub16eqvnxnqmsnn42fk8qkdssujw3z3cp9g49wls8ewjeap3ztwkfyqs0u3m6