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31 sats \ 2 replies \ @CruncherDefi 18 Dec 2023 freebie \ on: High fees: Be careful what you wish for bitcoin
Why do you assume bitcoin needs to change? What's so inherent in the problems we have that change of bitcoin itself is needed?
Bitcoin script is pretty fancy and allows for composability and building-on-top.
Maybe solution is LN? Maybe solution is Ark protocol? Maybe solution is NOT_YET_IMPLEMENTED_SOLUTION_ON_TOP_OF_BITCOIN? Why do seek solution via change of bitcoin itself, and not on top of it?
When was the last time we changed TCP/UDP/IP protocols? Decades ago. We built what needed on top of those protocols. Protocols are not meant to be changed often/late_in_existence.
2012, IPv6 was introduced.
Have you used Bitcoin lately? Have you tried to make a LN payment that doesn't go through a top 10 LN node?
Don't be blind, we need to change the way things are being done, I'm not saying that we should add tail emissions or something stupid, but this resistance to change is what needs to change.
reply
https://lists.linuxfoundation.org/pipermail/bitcoin-dev/2023-November/022124.html
https://lists.linuxfoundation.org/pipermail/bitcoin-dev/2023-November/022128.html
https://lists.linuxfoundation.org/pipermail/bitcoin-dev/2023-November/022133.html
Just for sure: tail emission is not stupid. 21 million meme is. (#289395)