Oddbean new post about login | logout The case for making blocks smaller is stronger than increasing efficiency. Although I'd do neither.
Why would you not support reducing blocksize? Genuinely curious to know your thoughts on this.
I don't like the shitcoinery but it's not affecting operation of the network. The extra block space bloat isn't good and fees have spiked for short periods but imo this doesn't warrant tinkering. My bar for intervention on the base layer is very high. Now it's been done, let's see how it plays out and focus on preventing the same mistakes being made in the future.
How do you know that it's not affecting operation of the network? Have you tried syncing IBD on low end computers (like Raspberry Pi4 or Pi5)? If the blockchain grows faster than the rate of improvement in the memory, RAM and processor then how soon we need more expensive hardware to sync IBD (or to run a node)? Maybe think about 2030 or 2035 with this perspective and you will realize that operation of bitcoin is being affected.
I have no concerns over nodes. You can get a 2TB umbrel home for few hundered usd. I also run a Pi. Blocksize hasn't changed, if blocks are fuller than normal so be it. Imo you've got change fatigue from Taproot, people I speak to want to leave it the fwck alone.
All I got was a clown emoji from Luke, way to make your case lmao gfy