What is Nostr?
Thomas Zander [ARCHIVE] /
npub1du3โ€ฆyg93
2023-06-07 17:34:51

Thomas Zander [ARCHIVE] on Nostr: ๐Ÿ“… Original date posted:2015-08-12 ๐Ÿ“ Original message:On Wednesday 12. August ...

๐Ÿ“… Original date posted:2015-08-12
๐Ÿ“ Original message:On Wednesday 12. August 2015 12.28.39 Jorge Timรณn wrote:
> But let's just list the concerns first.

Concerns?

I have never heard of "develop-by-concerns"? Is that similar to
fire fighting management?
To that I have this reply;
http://www.aleanjourney.com/2009/07/stop-fighting-fires.html


Your question makes sure that the proper answers don't fit.
And that may be why you are getting frustrated because I've given a lot of
reasons why a blocksize increase is needed soon, and none of them show up
in your list...

http://lists.linuxfoundation.org/pipermail/bitcoin-dev/2015-August/010120.html

http://lists.linuxfoundation.org/pipermail/bitcoin-dev/2015-August/010129.html

And various others; I'm not going to bother pasting URLs, you probably have
them already.

Point is, Bitcoin is a growing network, with a growing amount of transactions
and we KNOW we will get into problems when the block consistently get full.
How do we know? Because of the old guys in this list having the experience
that this always happens, because anyone in the IT business can tell you the
same.

We have started LN to cope with this growth, but this won't be enough since it
just won't handle all usecases and thus the on-chain growth will continue. For
instance remittances and cross-border purchases.
We need both LN as well as bigger blocks.

--
Thomas Zander
Author Public Key
npub1du3xh5wgds32a5fweqkd9k45kh30wl7kv2kyu8ugz9c2ztdg00tqqvyg93