Ronin on Nostr: Miners can have the same fee profits with more volume. Miners market will always ...
Miners can have the same fee profits with more volume. Miners market will always regulate itself we don't need to actively fund them. You can increase the blocksize slower than hardware evolution, buying a node is a one time purchase and gets cheaper in time, you can even buy cheap second hand hardware. And if you can't use onchain, and no new users can be onboarded then less ppl will run nodes. Ppl must be able to use bitcoin to then think about running a node. I don't know what kind of math ppl are doing where paying 100usd for one bitcoin tx is better than 100/200 usd for a new hard-drive every 4 years. Pushing all tx to upper layers defeats the purpose of bitcoin, bc if fees get to 500/1k usd who will use bitcoin? We will all have to use strike or cash app which is no different than using PayPal.
Published at
2023-12-16 20:06:57Event JSON
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"content": "Miners can have the same fee profits with more volume. Miners market will always regulate itself we don't need to actively fund them. You can increase the blocksize slower than hardware evolution, buying a node is a one time purchase and gets cheaper in time, you can even buy cheap second hand hardware. And if you can't use onchain, and no new users can be onboarded then less ppl will run nodes. Ppl must be able to use bitcoin to then think about running a node. I don't know what kind of math ppl are doing where paying 100usd for one bitcoin tx is better than 100/200 usd for a new hard-drive every 4 years. Pushing all tx to upper layers defeats the purpose of bitcoin, bc if fees get to 500/1k usd who will use bitcoin? We will all have to use strike or cash app which is no different than using PayPal. ",
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