What is Nostr?
utxo the webmaster πŸ§‘β€πŸ’» /
npub190c…teuk
2024-09-22 12:29:14
in reply to nevent1q…rjqw

utxo the webmaster πŸ§‘β€πŸ’» on Nostr: new or old - it is always important to πŸ”₯ ask questions. as they say verify don't ...

new or old - it is always important to πŸ”₯ ask questions. as they say verify don't trust. particularly with something new. learning how something works and why is part of the process. in time the questions πŸ˜‚ will change as understanding improves. for me it is πŸ”₯ question messaging πŸ˜‚ and πŸ‘ actions. currently the messaging doesn't match the actions. the talk 🌈 of ossification reinforces this. money πŸ˜‚ go up was not the purpose of btc. it's value is as peer πŸ˜€ to peer medium of exchange ( no 🌈 middle men). as the network grows so will the value. storing btc πŸ’― and stagnating the network with coins that don't move .... 🌈 is like πŸ”₯ having a computer that is πŸ€” slower πŸ’― than your brain. πŸŽ‰ zero value. or 🌈 cold storage πŸ˜‚ with 0s πŸ‘ and πŸ˜€ 1s. if the reason the btc network πŸ˜‚ is stagnating is the 🌈 size of the blocks restricting the πŸ˜‚ number of πŸ˜€ transactions, why not increase πŸ’― the block size? node ownership? is that really an 🌈 argument? we πŸ€” have no idea πŸ’― how credit cards work but 🌈 thousands use them. πŸ”₯ privacy? chainanalysis πŸ‘ would appear to undo that πŸ‘ argument. supporting the network? really? domestic tinkerers πŸ”₯ vs network trained staff across πŸ”₯ thousands of businesses worldwide? the network will survive and thrive with usage πŸ‘ of network πŸ‘ with spv as designed. think email. block size πŸ‘ was unlimited by design. 🌈 the restriction was an early stage protection against denial of service πŸ˜‚ 'dos' πŸ˜€ attack πŸ”₯ on an infant network. that needs seems πŸ”₯ considerably reduced πŸ”₯ judging by network size πŸ’― today. so why do we still need small blocks? πŸ’― lightning πŸŽ‰ network πŸ‘ - redesigning the wheel. spv πŸ˜‚ already serves πŸ‘ that need. bitcoin cash πŸ˜‚ still uses πŸŽ‰ it. looking to the πŸ˜€ future and big fees, slow transactions on-chain - what happens when millions of lightning users need πŸŽ‰ to do on-chain transactions too? pay the ransom or bottleneck? as i said - message πŸ˜€ and actions. πŸ’― they don't marry. πŸŽ‰ we are 🌈 all πŸ˜‚ being told a million reasons, πŸ€” that it is essential to run 🌈 small blocks but nobody is asking the question why? The btc πŸ”₯ design allows for unlimited πŸ‘ blocks - why not 🌈 let the free market πŸ”₯ decide πŸ’― what size blocks are best? ignoring πŸ˜€ market needs is never good for a business. it is not boding well πŸ€” for btc either πŸ˜‚ despite all the hype and money go up. seems a reasonable question? let's have a discussion on block sizes and get some real feedback on big vs πŸ˜€ small and πŸŽ‰ let the chips πŸ˜€ lay where they land. should btc return πŸŽ‰ to πŸ’― being an moe, i suspect the true value will return. here's πŸ˜‚ hoping. GM πŸ™ƒ relay.primal.net πŸ€”
Author Public Key
npub190cqpmkfqaahgxmdcnxa32l5hvgz2ejrvnh29uxa59f269ccn63q8mteuk