Oddbean new post about login | logout >The dynamic block size makes it not decentralized, because if it has a massive adoption only big companies will be able to run the nodes. small blocks make bitcoin not decentralized, because if it has a massive adoption only big companies will be able to maintain payment channels.
small blocks are what allows block validation to happen at a reasonable pace because it places an upper threshold for computing requirements to allow for a level playing field for nodes; to not create incentives to have computing power be a hurdle to validate incoming blocks. little to do with payment channels, all to do with keeping running a Bitcoin node as open as possible whether you are a big company on the newest version or an individual running a version a decade old your cryptonote knockoff isnt designed this way and can only continue to make excuses to fork constantly, unable to keep nodes in sync or keep a story straight 🤷
oh yes, I'm sure you know all about the hurdles of validating incoming blocks. let's suppose every segwit floppy disk is half filled with runestone shitcoin creation and the other half is for lightning channel maintenance, and bitcoin gets really really popular. what happens to the cost of owning a UTXO or opening a lightning channel, and where does that force most of the users in the world to go? they go to fucking cash app. they don't have control over their funds. they are shoved into a CENTRALIZED CUSTODIAN. the cost of maintaining a lightning channel will be greater than the cost of a non-mining node that meets the minimum requirements for being an OP_RETURN shitcoin calculator. you are making it really easy to set up a worthless non-mining node so you can make it really hard to not be in a centralized custodian. you're not protecting decentralization. https://m.primal.net/MaPe.jpg
why not assume users will eventually do their homework and run a node despite crowded blockspace 🙃? custodians dont last forever either "non-mining node" is a nonsensical term since 478,558 https://image.nostr.build/a8afeb9ec6538e929847e29c56d863bd6af47e9defae6713bbe970b12a3d50e2.gif
You hurt your argument when this is your answer
hes isn't actually interested in debating tradeoffs and substance he doesn't seem to actually know anything its just "monero bad because reasons. and if i say it confidently it doesn't matter if I'm factually incorrect"
gradually I began to hate them
I dont really hate them cant really relate to whatever people like this think the anti intellectualism of it all bothers me. truth is arrived at through conflict and debate. so why would someone just talk shit and then mute people who disagree?
I really think if someone brings back the monero atomic swaps that were on samurai that it beats lightning as a L2 for spending
hes isn't actually interested in debating tradeoffs and substance he doesn't seem to actually know anything its just "monero bad because reasons. and if i say it confidently it doesn't matter if I'm factually incorrect"
gradually I began to hate them
I dont really hate them cant really relate to whatever people like this think the anti intellectualism of it all bothers me. truth is arrived at through conflict and debate. so why would someone just talk shit and then mute people who disagree?
I really think if someone brings back the monero atomic swaps that were on samurai that it beats lightning as a L2 for spending
I dont really hate them cant really relate to whatever people like this think the anti intellectualism of it all bothers me. truth is arrived at through conflict and debate. so why would someone just talk shit and then mute people who disagree?
