Not only did the Segwit devs increase the block size, but, in their wisdom, actually gave spam a discount!
Yes, the spammers were clearly prepared to spend the money. With the discount, we reduced their fees so now the spammers make even more profit. 🫡
“This worst-case was well understood.”
That virtually all of the block size increase would be filled with spam? I guess if you put spam on sale, you sell more spam, right?
After spending a couple weeks recently to sync a node over Tor, I would argue it wasn’t worth it. We still have high fees and now we struggle to sync our nodes privately. I noticed how you didn’t mention the impact on our Tor nodes. 😔
In second thought, maybe it’s a good thing that the devs slowed down our nodes. Fewer impulsive purchases! Maybe bitcoiners buy fewer useless lambos because they come to their senses waiting for their nodes to sync. 🤔
Idea!💡Maybe since fees are still high, we should increase the blocksize further and give the spammers a bigger discount? Surely if it worked so well the last time, maybe we should do it again? We can never have too much efficiency, amirite? 🤨
I never once heard a mea culpa or any accountability for what seems to be the biggest f’up in core’s history. No post mortem, just gaslighting that everything is “fine” and how the devs “understood” the risks. This ossification talk is probably just a symptom of the lost trust.