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10 sats \ 6 replies \ @NorthKoreanHostage 13 Jan 2023 \ on: Can Validity Rollups Help Scale Bitcoin? bitcoin
Fuck off with this. No.
It's not needed and would require a hard fork, which makes it a non starter for Bitcoin.
Say no to shitcoins. Bitcoin is already perfect.
support for validity rollups can be done with a soft fork, not a hard fork.
I don't consider bitcoin to be perfect. example areas for improvement: privacy is inherently broken, can't fix it without a better protocol like zerocash. and scaling to the billions of people and machines who could be using bitcoin currently isn't possible without trusted third parties such as federated or centralized custodians.
validity rollups enable us to make significant progress toward solving these problems.
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Man you really don't get Bitcoin.
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why do you say that?
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what do shitcoins have to do with this?
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That's where you got the idea from and that's what you would create by implementing it.
All Bitcoin "upgrades" must be backwards compatible, otherwise you create a shitcoin that nobody uses.
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First, it’s not my idea. Satoshi pondered the idea of zero-knowledge proofs on Bitcoin in 2010, and there were many people (including Bitcoiners) involved in the research that led to rollups.
@lightcoin wrote a detailed report highlighting potential rewards and risks of implementing validity rollups, and at the end of it all finished with the following conclusion:
All factors considered, given that validity rollups are "trustless" by design, and could be implemented without introducing new risks or sacrificing any of bitcoin’s core values or features, we believe the simplest implementations of validity rollups would be a great fit for bitcoin.
The full report can be found here: https://bitcoinrollups.org/
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