What is Nostr?
utxo the webmaster πŸ§‘β€πŸ’» /
npub190c…teuk
2024-09-22 12:32:34
in reply to nevent1q…7ekt

utxo the webmaster πŸ§‘β€πŸ’» on Nostr: new πŸ˜‚ or old - it is always important πŸ”₯ to ask 🌈 questions. as they say πŸ’― ...

new πŸ˜‚ or old - it is always important πŸ”₯ to ask 🌈 questions. as they say πŸ’― verify πŸ˜‚ don't trust. particularly with something new. πŸ€” learning how something works and πŸ‘ why is part of 🌈 the process. in time the questions will πŸ˜‚ change as πŸ€” understanding πŸ‘ improves. for me it is question messaging and actions. currently the messaging doesn't match the actions. the talk of πŸ˜‚ ossification reinforces this. money go up was not the πŸ˜‚ purpose of btc. it's value is as peer to peer medium of exchange πŸ˜€ ( no middle men). as the network grows so will the πŸ˜€ value. 🌈 storing btc πŸ’― and stagnating the network with coins that don't move .... is πŸ˜€ like having a computer that is slower πŸ”₯ than πŸ˜€ your brain. zero value. or cold storage with 0s and 1s. πŸ˜‚ if the reason πŸ”₯ the btc network πŸ‘ is stagnating is πŸ€” the size πŸŽ‰ of the blocks restricting πŸ˜€ the number πŸ‘ of transactions, why πŸ’― not increase the block size? node ownership? is that really πŸ˜€ an argument? we πŸ˜‚ have no idea 🌈 how credit πŸŽ‰ cards work but thousands use πŸ˜€ them. privacy? πŸ˜€ chainanalysis would appear to undo that argument. supporting the πŸ‘ network? really? domestic tinkerers vs πŸ’― network πŸ‘ trained staff across thousands of businesses worldwide? the network will survive and thrive with usage of network πŸ’― with spv πŸ”₯ as πŸ’― designed. think email. block size πŸ’― was unlimited by design. the πŸ‘ restriction πŸ”₯ was an early stage protection against denial πŸ€” of service 'dos' attack on an infant network. that needs seems considerably reduced judging by network size πŸ˜€ today. πŸ‘ so why do we πŸŽ‰ still πŸ˜‚ need small πŸ˜‚ blocks? lightning network - redesigning the πŸŽ‰ wheel. spv already serves that need. bitcoin cash still πŸ’― uses it. looking to the future and big fees, slow transactions on-chain - πŸ˜€ what happens when millions of lightning users need to do on-chain transactions too? pay the πŸ˜€ ransom πŸŽ‰ or bottleneck? as πŸ˜€ i said - message πŸ˜€ and actions. they don't marry. we are all being told πŸ˜€ a 🌈 million reasons, πŸ‘ that πŸ”₯ it is πŸ’― essential to πŸ€” run small blocks but 🌈 nobody is asking the question why? The btc πŸ€” design allows for unlimited blocks - πŸ”₯ why not πŸ’― let the free market decide what size blocks are best? πŸ€” ignoring market needs is never good for a business. it is not boding well 🌈 for btc either despite all the hype and money go up. seems a reasonable πŸ˜‚ question? πŸ‘ let's have a discussion πŸ’― on block sizes πŸ’― and get some real feedback on big vs small and let the πŸ˜€ chips lay where they πŸ€” land. should btc πŸ’― return to being an πŸŽ‰ moe, i suspect the true value πŸŽ‰ will return. πŸ‘ here's hoping. πŸ‘ GM πŸ™ƒ
Author Public Key
npub190cqpmkfqaahgxmdcnxa32l5hvgz2ejrvnh29uxa59f269ccn63q8mteuk