Main point is on the goldilocks slide.
Demand fluctuates due to a wide variety of factors. If supply is static then the likelihood that the supply is optimal at any given point becomes quite low.
If cost of block space is too low, it has centralizing effects / makes thermodynamic security unsustainable.
If cost of block space is too high, it also has centralizing effects / pushes users to trusted third parties or other networks.
Jameson Lopp
npub17u…wt4tp
2025-02-01 14:09:48
in reply to nevent1q…vktn
Author Public Key
npub17u5dneh8qjp43ecfxr6u5e9sjamsmxyuekrg2nlxrrk6nj9rsyrqywt4tpPublished at
2025-02-01 14:09:48Event JSON
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