BTCtoOblivion on Nostr: https://m.primal.net/IUxs.png YOU DON'T NEED 4 MB BLOCK SIZE. 300 KB BLOCK SIZE COULD ...

YOU DON'T NEED 4 MB BLOCK SIZE.

300 KB BLOCK SIZE COULD BE MORE THAN GOOD ENOUGH TO FIT ALL (MONETARY) TRANSACTIONS.

#BITCOIN ALWAYS THRIVES MORE WITH CONSERVATISM THAN PROGRESSIVISM.

FEW.

CC Luke Dashjr (npub1lh2…a9nk) GrassFedBitcoin (npub1wnl…n3wr) giacomozucco (npub1au2…t53j)

I

quoting note1tfl…phxc

I checked mempool several times today and almost all of the time, I found mempool filled with garbage data (to scam the people).

If these blocks have been filled with garbage most of the time then why do we need 4MB blocks?

Why are Bitcoiners talking about further upgrades? Instead it would be WISE to talk about reducing the blocksize limit since the free market has been trying to tell us that we don't need 4MB blocks. It's being misused by attackers and spammers.

Reducing the blocksize will probably do following things: -

1) Keep the cost of running nodes very low (hence it helps with decentralization)
2) It promotes scalability in layers (i.e. L2, L3 etc) instead of on chain scaling.

What are the real risks by reducing block size? Except some scammers can't scam the people easily (but I believe that's a good thing)

I think #bitcoin thrives more with conservatism than progressivism.

cc Luke Dashjr (npub1lh2…a9nk) GrassFedBitcoin (npub1wnl…n3wr) giacomozucco (npub1au2…t53j)