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 or old - it is πŸŽ‰ always important to πŸŽ‰ ask πŸ”₯ questions. as they say πŸ’― ...

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