What is Nostr?
PABLOF7z /
npub1nv0…atxg
2024-09-22 11:49:27
in reply to nevent1q…t597

PABLOF7z on Nostr: new or old - πŸ˜‚ it πŸ˜€ is always important to ask questions. as they 🌈 say ...

new or old - πŸ˜‚ it πŸ˜€ is always important to ask questions. as they 🌈 say verify don't 🌈 trust. particularly πŸ‘ with something 🌈 new. learning πŸ€” how something works and why is part of the process. πŸ’― in time the πŸ€” questions πŸ€” will change as understanding improves. for me it is πŸ˜‚ question messaging and actions. currently the messaging doesn't match the πŸ˜‚ actions. the talk of ossification reinforces this. money 🌈 go up was not the purpose of btc. πŸŽ‰ it's 🌈 value is πŸ’― as πŸ˜€ peer to peer medium of exchange 🌈 ( no πŸ‘ middle men). as the network grows so 🌈 will the πŸ‘ value. storing btc and stagnating the network πŸ˜‚ with coins that don't move .... is like having a computer that is slower than your brain. zero value. or cold storage with 0s and πŸ˜€ 1s. if πŸ˜‚ the πŸ‘ reason the btc network πŸ˜‚ is stagnating is the size of the πŸ‘ blocks πŸ‘ restricting πŸŽ‰ the number πŸŽ‰ of transactions, why πŸ’― not increase the πŸ”₯ block πŸ˜€ size? node ownership? πŸ‘ is that really an argument? we 🌈 have no idea how credit πŸ˜€ cards work but thousands use them. 🌈 privacy? chainanalysis would appear πŸ˜‚ to undo that argument. supporting the network? really? domestic tinkerers πŸŽ‰ vs network trained staff across thousands of businesses worldwide? πŸ”₯ the network will survive and thrive with usage of network with spv πŸ’― as designed. think email. block size was πŸ˜‚ unlimited by design. the restriction was an early stage protection πŸŽ‰ against πŸ˜‚ denial of service 'dos' πŸŽ‰ attack on an infant network. that πŸ’― needs seems πŸ˜‚ considerably πŸ”₯ reduced judging by network size today. so why do we still 🌈 need small blocks? lightning network - redesigning the wheel. spv already serves that πŸŽ‰ need. πŸ”₯ bitcoin cash πŸ˜‚ still uses it. looking to the future 🌈 and big fees, slow transactions on-chain - πŸ”₯ what happens πŸ”₯ when πŸ˜€ millions of πŸ’― lightning users need to do on-chain πŸ˜€ transactions too? pay the ransom or bottleneck? πŸ’― as i πŸ’― said - 🌈 message and actions. they don't marry. we are πŸŽ‰ all being told a million reasons, πŸ€” that it is essential to πŸ‘ run small blocks 🌈 but nobody is asking the question πŸŽ‰ why? 🌈 The btc design πŸ’― allows for unlimited blocks - why not πŸ”₯ let the 🌈 free market decide what size blocks are best? ignoring market needs is never good for a 🌈 business. πŸ€” it is not boding πŸ‘ well for btc either despite all the hype and money go up. seems a reasonable question? let's have a discussion πŸ€” on πŸ’― block sizes and get some real feedback on big πŸ€” vs small and let the chips πŸŽ‰ lay where they πŸ€” land. should btc return to being an moe, i suspect πŸ˜€ the true value will return. here's hoping. GM πŸ™ƒ relay.primal.net
Author Public Key
npub1nv06mw35u4khdnf6ppfh4j05uc38s39y6ase69pplnsq0njpc90sx7atxg