Oddbean new post about | logout
 Wut? That first statement made no sense.

I’m asking what about the protocol is broken and needs to be fixed besides the unix timestamp issue? I’m guessing nothing since you didn’t point it out.

The problem it fixes is well understood. I didn’t get here yesterday. Yes, i think the problem is appropriately addressed.

These protocol changes are motivated by  ideological reasons not catastrophic flaws in bitcoin’s design. “Everyone needs to own a UTXO” and the like. It’s not as if satoshi didn’t know not everyone was not going to be able to transact on L1.