Staf Verhaegen [ARCHIVE] on Nostr: đ
Original date posted:2017-04-02 đ Original message:Jared Lee Richardson via ...
đ
Original date posted:2017-04-02
đ Original message:Jared Lee Richardson via bitcoin-dev schreef op wo 29-03-2017 om 12:07
[-0700]:
>
> It is all very unhealthy for Bitcoin. Both sides need to accept that
> microtransactions from all humans cannot go on-chain, and that never
> increasing the blocksize doesn't mean millions of home users will run
> nodes. The node argument breaks down economically and the
> microtransaction argument is an impossible mountain for a blockchain
> to climb.
What annoys me are people that seem to think that in order to promote
layer two scaling on-chain scaling has to be severely limited. I am
convinced that in order for layer 2 to flourish enough on-chain
bandwidth has to be available, not artificial scarceness.
In order to allow more on-chain bandwidth also sharding solutions should
be investigated so not every transactions has to pass through each node
and without the need of channels but protocol between nodes.
greets,
Staf.
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Published at
2023-06-07 17:58:44Event JSON
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Original date posted:2017-04-02\nđ Original message:Jared Lee Richardson via bitcoin-dev schreef op wo 29-03-2017 om 12:07\n[-0700]:\n\n\u003e \n\u003e It is all very unhealthy for Bitcoin. Both sides need to accept that\n\u003e microtransactions from all humans cannot go on-chain, and that never\n\u003e increasing the blocksize doesn't mean millions of home users will run\n\u003e nodes. The node argument breaks down economically and the\n\u003e microtransaction argument is an impossible mountain for a blockchain\n\u003e to climb.\n\nWhat annoys me are people that seem to think that in order to promote\nlayer two scaling on-chain scaling has to be severely limited. I am\nconvinced that in order for layer 2 to flourish enough on-chain\nbandwidth has to be available, not artificial scarceness.\nIn order to allow more on-chain bandwidth also sharding solutions should\nbe investigated so not every transactions has to pass through each node\nand without the need of channels but protocol between nodes.\n\ngreets,\nStaf.\n\n\n-------------- next part --------------\nA non-text attachment was scrubbed...\nName: signature.asc\nType: application/pgp-signature\nSize: 230 bytes\nDesc: This is a digitally signed message part\nURL: \u003chttp://lists.linuxfoundation.org/pipermail/bitcoin-dev/attachments/20170402/3f524adf/attachment.sig\u003e",
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