Aleksandr Kwaskoff [ARCHIVE] on Nostr: 📅 Original date posted:2023-05-11 🗒️ Summary of this message: Two options for ...

📅 Original date posted:2023-05-11
🗒️ Summary of this message: Two options for handling non-standard transactions: allocate only up to 10% of block space or make onchain transactions more expensive to encourage use of the Lightning Network.
📝 Original message:if we forget about backward compatibility and the impact of other types of
transactions, then the following two options would be possible:
a) allocate only up to 10% of the space in the block for non-standard
transactions - then all senders of non-standard transactions will compete
with each other and it's only 10% with other types of transactions. In the
absence of non-standard transactions, all space of the block will be given
to standard ones. And in the absence of standard transactions - all space
of the block will be given to non-standard ones. If bitcoin-chain was
created primarily for standard transactions, then such a model will have to
be supported by the majority.
b) change the architecture in such a way that the onchain ordinals
transaction became much more expensive, which would force them to go to
their own type of the LN - this would be a kind of justice, like the
displacement of small transactions from the onchain to the LN happening
already now


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Thank you, we will succeed! | Dziękujemy, uda nam się!

President of NGO FinTechAssociation | Prezes organizacji pozarządowej
FinTechStowarzyszenie

*Dipl.-Ing. *Aleksandr Kwaskoff

Telegram t.me/kwaskoff

Poland, Warsaw | Polska, Warszawa





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President of NGO FinTechAssociation <http://t.me/finteh>;

Aleksandr Kwaskoff
[image: https://]about.me/kwaskoff
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