Cykros on Nostr: We'll cross that bridge when we come to it. Not sizing up the blocks in 2017 doesn't ...
We'll cross that bridge when we come to it. Not sizing up the blocks in 2017 doesn't mean never making more blockspace. It was about making sure running your own node stayed economical. In 50 years, presumably blocks a bit larger 1vMB won't be something that centralizes bitcoin, especially given that 50 years ago, 1 vMB was 1/10th of a hard drive's capacity.
Freaking out about where to fit 8 billion bitcoin users all self custodying right now is like freaking out because of the 2106 issue where unix time runs out of space for nLocktime transactions.
Published at
2025-03-29 21:16:26Event JSON
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"content": "We'll cross that bridge when we come to it. Not sizing up the blocks in 2017 doesn't mean never making more blockspace. It was about making sure running your own node stayed economical. In 50 years, presumably blocks a bit larger 1vMB won't be something that centralizes bitcoin, especially given that 50 years ago, 1 vMB was 1/10th of a hard drive's capacity.\n\nFreaking out about where to fit 8 billion bitcoin users all self custodying right now is like freaking out because of the 2106 issue where unix time runs out of space for nLocktime transactions. ",
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