What is Nostr?
niltempus
npub1cec…t7pp
2024-07-04 18:18:13
in reply to nevent1q…t6hs

niltempus on Nostr: L2 will not scale to mass adoption, as the block size has a limit on the number of ...

L2 will not scale to mass adoption, as the block size has a limit on the number of channels it can support. Scaling will require L3 such as ecash and the like for regular plebes. This is nothing more than a paper IOU. The game theory leads to fractional reserve minting, as custodians lower fees and offer more incentives to compete for customers. Watch what happens to the market when mint runs start snowballing.
Author Public Key
npub1cecl2g9z776jvpudpqxajsrsgwuvq4vp7w26q74tx2438zy3q9vq8st7pp