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21 sats \ 4 replies \ @nicosey 13 May \ on: Lyn Alden On Scaling bitcoin
Here comes ossification nonsense again. Need a solution for high fee spikes...
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Wouldn't it be ironic if BTC added OPCODEs to help implement scaling solutions, but instead shitcoiners / ordinal makers just had a entirely new set of tools to play with so blockspace was 10x as clogged with new NFTs and scams?
Everything has tradeoffs and there is no magic bullet.
I prefer to keep the devil we know and figure out ways to create solutions without needed any additional changes.
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Agree 💯
The emphasis on self custody scaling has gotten out of hand and is guilty of perfection is the enemy of good enough
Make changes slowly with a super majority and backwards compatibility
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Miners get money from : newly minted bitcoins + from transaction fees. There will be less and less minted bitcoins. Transaction fees will be going up over the long term. That's a given. Second layers were always going to be necessary for smaller payments.
If you want almost no transaction fees, there are a bunch of shitcoins available right now. No need to wait!!
Bitcoin is about a hard first layer for savings and final settlement. Everything else is about second layers (and +). Otherwise, changes risk destroying the project, or worse, enabling government control.
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