Thank you for your reply and tip! In the end it's not relevant whether or not this was intentional or not but rather about understanding the current State of Affairs and how we need to think about this collectively as a community so we can formulate the appropriate response as soon as possible.
I agree with you regarding your opinion on the eventual block size increase however I believe that we're aways from that being a necessity in the near future. However as the cost of the hardware to store the larger blocks comes down along with the price for moving data around the world, coupled with an increase in usage of the layer 1 for Bitcoin transactions increases, it's likely that eventually so too the block size will increase.
They key is to keep things as decentralized as possible for as long as possible and in order to achieve that in my opinion we must get the private keys in as many hands as possible as soon as possible.
B1tR0y
npub199…r5gu9
2023-05-08 17:05:45
in reply to nevent1q…tpml
Author Public Key
npub19986nenrr02qf5um8ex4wyhpxhn0fk95cdl8l8whjyk84ug7x49q0r5gu9Published at
2023-05-08 17:05:45Event JSON
{
"id": "14ac3f660127534ac7587c91b26c8f6c478da666f27d98e06d7de1613b13b2b8",
"pubkey": "294fa9e6631bd404d39b3e4d5712e135e6f4d8b4c37e7f9dd7912c7af11e354a",
"created_at": 1683565545,
"kind": 1,
"tags": [
[
"e",
"5150a5b202275017584ac00640ff702136eb5764961416009b3b1044135ee273"
],
[
"e",
"0fb0bcdc45bff41ae76b342c431c2a128e397eccdf3aa886a6885fd96369c6d3"
],
[
"p",
"294fa9e6631bd404d39b3e4d5712e135e6f4d8b4c37e7f9dd7912c7af11e354a"
],
[
"p",
"cb34b28c46a4f57e42f2b877dba7c5fe8f355a0675f1f1d464596ca936fbead8"
]
],
"content": "Thank you for your reply and tip! In the end it's not relevant whether or not this was intentional or not but rather about understanding the current State of Affairs and how we need to think about this collectively as a community so we can formulate the appropriate response as soon as possible.\n\nI agree with you regarding your opinion on the eventual block size increase however I believe that we're aways from that being a necessity in the near future. However as the cost of the hardware to store the larger blocks comes down along with the price for moving data around the world, coupled with an increase in usage of the layer 1 for Bitcoin transactions increases, it's likely that eventually so too the block size will increase. \n\nThey key is to keep things as decentralized as possible for as long as possible and in order to achieve that in my opinion we must get the private keys in as many hands as possible as soon as possible.",
"sig": "cb0a2ddaacb50800ab1734873fbf4e14d212f10f04099aee3df4d43574b830196feaaf874327cba6cad8009ea78178c26dfddda111c8f52a69d5f0997ef35dc7"
}