L1berty on Nostr: POS chains can't handle inscriptions. Arbitrum shit down for 15 minutes and Avalanche ...
POS chains can't handle inscriptions. Arbitrum shit down for 15 minutes and Avalanche had transaction costs go from pennies to over $20. The fact that Bitcoin can handle it (all be it with a little stress) is a positive, it's a proof of pow. Time stamping is utility and utility is king. The hype and garbage stuff will dye out, some art and value items will continue. The lessons and use cases are set in stone. Overall this is a positive for Bitcoin.
Published at
2023-12-17 16:56:36Event JSON
{
"id": "d2ec4d4adc83ad76d25e6ce2c75e1e416c1802fb5659a4b82dcddf047ab5c26e",
"pubkey": "acbc4d7fd608e07e8980f0bc37a81c576f171204f3c348919ff172175e05f3f6",
"created_at": 1702832196,
"kind": 1,
"tags": [],
"content": "POS chains can't handle inscriptions. Arbitrum shit down for 15 minutes and Avalanche had transaction costs go from pennies to over $20. The fact that Bitcoin can handle it (all be it with a little stress) is a positive, it's a proof of pow. Time stamping is utility and utility is king. The hype and garbage stuff will dye out, some art and value items will continue. The lessons and use cases are set in stone. Overall this is a positive for Bitcoin.",
"sig": "e9a2dc501c8bc9b7f5255c100e93ccb621d0075be4d2f5603b8cabd85559728600d2ea29542c51796202b3afcd67a29294ff35ef6658513957476e7f96f74eb6"
}
