Simon Liu [ARCHIVE] on Nostr: đź“… Original date posted:2015-07-23 đź“ť Original message:Increasing the block size ...
đź“… Original date posted:2015-07-23
đź“ť Original message:Increasing the block size does not hinder research and development of
Lightning or other technologies.
On 07/23/2015 05:04 PM, Eric Lombrozo via bitcoin-dev wrote:
> I should also add that I think those who claim that fee pressure will
> scare away users and break the industry are *seriously* underestimating
> human ingenuity in the face of a challenge. We can do this - we can
> overcome this obstacle…we can find good solutions to a fee market.
> Unless someone can come up with another way to pay for the operation of
> the network, we NEED to do this. What makes anyone think it will be
> easier to do later rather than now? The longer we wait, the lower block
> rewards get, the larger the deployed infrastructure, the larger our
> userbase, the HARDER it will be to solve it. We should solve it now - we
> will be much better off for it…and so will our users.
>
Published at
2023-06-07 15:42:56Event JSON
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"content": "📅 Original date posted:2015-07-23\n📝 Original message:Increasing the block size does not hinder research and development of\nLightning or other technologies.\n\n\nOn 07/23/2015 05:04 PM, Eric Lombrozo via bitcoin-dev wrote:\n\u003e I should also add that I think those who claim that fee pressure will\n\u003e scare away users and break the industry are *seriously* underestimating\n\u003e human ingenuity in the face of a challenge. We can do this - we can\n\u003e overcome this obstacle…we can find good solutions to a fee market.\n\u003e Unless someone can come up with another way to pay for the operation of\n\u003e the network, we NEED to do this. What makes anyone think it will be\n\u003e easier to do later rather than now? The longer we wait, the lower block\n\u003e rewards get, the larger the deployed infrastructure, the larger our\n\u003e userbase, the HARDER it will be to solve it. We should solve it now - we\n\u003e will be much better off for it…and so will our users.\n\u003e",
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