NodlAndHodl on Nostr: I think where people stop thinking correctly about the block size is that no matter ...
I think where people stop thinking correctly about the block size is that no matter how big it is, it's still finite and can't possibly scale to "buy a cup of coffee" as the network grows. Imagine many billions of transactions a day on the network, some for buying coffee. What it needs to do is be auditable by individuals running their own node, this is why small blocks are essential to the continued viability of the network. Layer 2's are where smaller purchases should and do take place for the most part. Trust minimized scaling for small purchases, not sure if lightning is the winner, but at the moment the most utilized and mature L2, time will tell though.
Bigger blocks do not expand the access to the security and sovereignty of #bitcoin
It only *dilutes* it
Published at
2024-04-06 13:39:02Event JSON
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