What is Nostr?
utxo the webmaster πŸ§‘β€πŸ’» /
npub190c…teuk
2024-09-22 12:32:34
in reply to nevent1q…7ekt

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

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