PABLOF7z on Nostr: new or old - it π is always important π to ask questions. as π€ they say ...
new or old - it π is always important π to ask questions. as π€ they say verify π― don't trust. particularly π with π something new. learning how something works π€ and π₯ why is part of the process. in time the questions will change as understanding improves. for me it π― is question messaging and actions. currently the messaging doesn't π match the actions. the talk of ossification reinforces this. money go up was not the π purpose of btc. it's value π is as peer π€ to peer π medium of π₯ exchange ( no middle men). as the π network π grows so will π the value. storing btc and stagnating the π₯ network π with coins that don't π move .... is π like having π€ a computer that is slower than your brain. π€ zero π value. or cold π storage with 0s and π₯ 1s. if the reason π the btc network is stagnating is the size of the blocks restricting π the number π of transactions, why not increase the π― block π size? node ownership? is that really an argument? we π€ have no idea how credit cards π work π₯ but thousands use them. privacy? chainanalysis would appear to undo that argument. supporting the network? π really? π domestic π tinkerers vs π network trained staff across π thousands of businesses π worldwide? π the network will survive and thrive with usage of network with spv as designed. think email. block size was π₯ unlimited π― by design. the restriction was an early stage protection against π₯ denial of service 'dos' attack π€ on an infant network. that needs seems considerably reduced judging by network size today. so why do we still need small π blocks? π― lightning network - π₯ redesigning the π wheel. spv π₯ already serves that need. π bitcoin cash still uses it. π looking to π€ the future and big fees, slow transactions on-chain π - what happens when millions of π― lightning users need to do on-chain transactions π too? pay the π ransom π or π bottleneck? as i said - π― message π€ and π€ actions. they π don't marry. π we π are all π being told a million reasons, that it is essential to π run small π blocks but π nobody is asking π― the question π why? The btc design π allows for unlimited blocks - why not let the free market decide what size blocks are best? ignoring π€ market needs is never good π for a business. it is π not boding π― well for btc either despite all π₯ the hype π and π money go π€ up. seems a reasonable question? let's have π a discussion on π― block sizes and get π some real feedback π on big vs π small and π let the chips lay where π they land. should btc return π to being π an moe, i suspect π the true value will return. here's hoping. GM π π
Published at
2024-09-22 11:52:47Event JSON
{
"id": "6ea75d664e1d6868f2fb249415e43a192d61de7fec7dc9d4b7ad424c1fe2f4d1",
"pubkey": "9b1fadba34e56d76cd3a08537ac9f4e6227844a4d7619d1421fce007ce41c15f",
"created_at": 1727005967,
"kind": 1,
"tags": [
[
"e",
"6b6cf0886681cc39cc85a4d083dde4363f89f21c2872bbfaadf179ac5c57869f"
],
[
"p",
"fa984bd7dbb282f07e16e7ae87b26a2a7b9b90b7246a44771f0cf5ae58018f52"
]
],
"content": "new or old - it π is always important π to ask questions. as π€ they say verify π― don't trust. particularly π with π something new. learning how something works π€ and π₯ why is part of the process. in time the questions will change as understanding improves. for me it π― is question messaging and actions. currently the messaging doesn't π match the actions. the talk of ossification reinforces this. money go up was not the π purpose of btc. it's value π is as peer π€ to peer π medium of π₯ exchange ( no middle men). as the π network π grows so will π the value. storing btc and stagnating the π₯ network π with coins that don't π move .... is π like having π€ a computer that is slower than your brain. π€ zero π value. or cold π storage with 0s and π₯ 1s. if the reason π the btc network is stagnating is the size of the blocks restricting π the number π of transactions, why not increase the π― block π size? node ownership? is that really an argument? we π€ have no idea how credit cards π work π₯ but thousands use them. privacy? chainanalysis would appear to undo that argument. supporting the network? π really? π domestic π tinkerers vs π network trained staff across π thousands of businesses π worldwide? π the network will survive and thrive with usage of network with spv as designed. think email. block size was π₯ unlimited π― by design. the restriction was an early stage protection against π₯ denial of service 'dos' attack π€ on an infant network. that needs seems considerably reduced judging by network size today. so why do we still need small π blocks? π― lightning network - π₯ redesigning the π wheel. spv π₯ already serves that need. π bitcoin cash still uses it. π looking to π€ the future and big fees, slow transactions on-chain π - what happens when millions of π― lightning users need to do on-chain transactions π too? pay the π ransom π or π bottleneck? as i said - π― message π€ and π€ actions. they π don't marry. π we π are all π being told a million reasons, that it is essential to π run small π blocks but π nobody is asking π― the question π why? The btc design π allows for unlimited blocks - why not let the free market decide what size blocks are best? ignoring π€ market needs is never good π for a business. it is π not boding π― well for btc either despite all π₯ the hype π and π money go π€ up. seems a reasonable question? let's have π a discussion on π― block sizes and get π some real feedback π on big vs π small and π let the chips lay where π they land. should btc return π to being π an moe, i suspect π the true value will return. here's hoping. GM π π",
"sig": "1e339f5bf0fff8b40d8144efd8412481738ecd1a2d9e394e04385c3e8ef4c1078470e77e1f1b2854032299e5fd9e9e8fc1c7f1920aeeaf082dd1eade3278a73d"
}