nerd2ninja; 🥪 on Nostr: The problem with growing block size is it harms the ability for independent node ...
The problem with growing block size is it harms the ability for independent node runners to continue (or start) running a node that verifies that their UTXOs belong to them and are on Bitcoin instead of trusting a 3rd party that may or may not run a fork of Bitcoin "Bitcoin crash" might be the name of that fork in this theoretical that definitely hasn't already happened.
In this hypothetical that definitely hasn't already happened, a few companies could change Bitcoin to fit their whims and desires as no grassroots userbase would be capable of opposing them.
We will solve this our own way (and the answer is not going to be e-cash or custodians)
Published at
2024-06-03 00:55:59Event JSON
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"content": "The problem with growing block size is it harms the ability for independent node runners to continue (or start) running a node that verifies that their UTXOs belong to them and are on Bitcoin instead of trusting a 3rd party that may or may not run a fork of Bitcoin \"Bitcoin crash\" might be the name of that fork in this theoretical that definitely hasn't already happened. \n\nIn this hypothetical that definitely hasn't already happened, a few companies could change Bitcoin to fit their whims and desires as no grassroots userbase would be capable of opposing them.\n\nWe will solve this our own way (and the answer is not going to be e-cash or custodians)",
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