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12 sats \ 4 replies \ @03cc1d 18 Feb 2023 freebie \ on: Do you consider Sidechains as a L2 solution? bitcoin
Yes, of course they're level 2. They're not level 1, and they're not level 3.
Are they good? Yes. Pretty much everything that pushes up demand for blockspace is good (including ordinals), as this increases mining fees and improves the security of L1.
If you're upset about paying L1 tx fees, use L2.
Opinions are like assholes… Everybody has one. As this comment demonstrates.
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Thanks for the demonstration.
The beauty of BTC is that opinions don't matter. As a public good, BTC would always face "tragedy of the commons", which is mostly mitigated by (small) blocksize.
Getting angry about Ordinals and SideChains is what some would call "p*ssing into the wind"