21 sats \ 1 reply \ @pillar 9 May 2023 \ parent \ on: Bitcoin is not under attack of ordinals or BRC20 bitcoin
Well, I was asking that because, as I understand your criteria, the big block stance wouldn't be an attack on Bitcoin. You mention you consider it because of criteria #5. To be honest, I don't think I fully grasp what you mean by "compromising the blockchain integrity" nor how did the big blockers threaten that.
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0 sats \ 0 replies \ @ek 10 May 2023
I don't think I fully grasp what you mean by "compromising the blockchain integrity" nor how did the big blockers threaten that.
big blocks -> blockchain grows faster -> more space required sooner -> higher costs to running a node -> less nodes -> more centralization -> less censorship resistant -> more potential for forks -> more potential for compromise of blockchain integrity
Ordinals or BRC20 do none of that. On the contrary: they contribute to the security budget
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