Oddbean new post about | logout
 I can definitely see the logic behind smaller blocks, although storage is inexpensive now and we can prune nodes if needed. I guess I find it interesting that this was implemented in Monero, but admittedly I have not spent a huge amount of time on understanding the potential pitfalls of doing so.

I think my biggest concern is the L2s have been rather lackluster so far in terms of scaling and decentralisation. I closed down my LN channel after force closes and the general complexity of maintenance, plus the time required to keep it running. Saying that, for small amounts, Lightning is great despite it's shortcomings. But I remain open to and use alternatives for transacting rather than saving.

My other big concern presently is if they can't coopt it, they will propose crazy solutions like taxing unrealised gains so that the benefits of saving are destroyed.