Peter Todd [ARCHIVE] on Nostr: π
Original date posted:2022-04-24 π Original message:On April 22, 2022 11:03:51 ...
π
Original date posted:2022-04-24
π Original message:On April 22, 2022 11:03:51 AM GMT+02:00, Zac Greenwood via bitcoin-dev <bitcoin-dev at lists.linuxfoundation.org> wrote:
>I like the maxim of Peter Todd: any change of Bitcoin must benefit *all*
>users. This means that every change must have well-defined and transparent
>benefits. Personally I believe that the only additions to the protocol that
>would still be acceptable are those that clearly benefit layer 2 solutions
>such as LN *and* do not carry the dangerous potential of getting abused by
>freeloaders selling commercial services on top of βfreeβ eternal storage on
>the blockchain.
To strengthen your point: benefiting "all users" can only be done by benefiting layer 2 solutions in some way, because it's inevitable that the vast majority of users will use layer 2 because that's the only known way that Bitcoin can scale.
Published at
2023-06-07 23:07:52Event JSON
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Original date posted:2022-04-24\nπ Original message:On April 22, 2022 11:03:51 AM GMT+02:00, Zac Greenwood via bitcoin-dev \u003cbitcoin-dev at lists.linuxfoundation.org\u003e wrote:\n\u003eI like the maxim of Peter Todd: any change of Bitcoin must benefit *all*\n\u003eusers. This means that every change must have well-defined and transparent\n\u003ebenefits. Personally I believe that the only additions to the protocol that\n\u003ewould still be acceptable are those that clearly benefit layer 2 solutions\n\u003esuch as LN *and* do not carry the dangerous potential of getting abused by\n\u003efreeloaders selling commercial services on top of βfreeβ eternal storage on\n\u003ethe blockchain.\n\nTo strengthen your point: benefiting \"all users\" can only be done by benefiting layer 2 solutions in some way, because it's inevitable that the vast majority of users will use layer 2 because that's the only known way that Bitcoin can scale.",
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