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Hanshan24d ago
As @goatmeal pointed out, if you had all the tx volume on Bitcoin, instead of a half-dozen different chains, you'd need bigger blocks. it works for you and I now because we're the only people using Bitcoin. everyone who isn't a zealot moved to something that offers a better UX. 2nd order solutions become unacceptably centralized. this is inevitable. but we can keep them *as decentralized as possible* by scaling as much as possible on L1 first. there's no issue with people making small transactions on L1 except that eventually it becomes too crowded. I understand the techie desire to preemptively solve the problem, but pushing people into centralized solutions before they are even necessary will only make it easier for regulators and harder for users. @c4b5369a…b812dbd6
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goatmeal24d ago
you don't necessarily need bigger blocks, at least not huge ones anyway. you do need to use existing blockspace much more efficiently in ways that just aren't possible right now. and you need to enable different kinds of L2s that aren't prone to growing cancerous tumors all the time like lightning is. all this requires consensus changes.
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