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0 sats \ 4 replies \ @ninjagrandma65 11 Sep \ on: "We don't need scaling because almost no one wants self-custody" bitcoin
If we do not have self custody.... what breaks? Incentive-wise, what breaks?
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0 sats \ 3 replies \ @k00b OP 11 Sep
Node runners. Mostly custodians would bother. Consensus would be left to these “banks.”
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162 sats \ 2 replies \ @ninjagrandma65 11 Sep
Yeah. And if the entire point of the blocksize wars was to ensure the 'little people' keep running nodes..... houston we have a problem again.
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0 sats \ 1 reply \ @k00b OP 11 Sep
It's not a 'now' problem depending on how you look at it.
If you think custody is too hard and can be made easier through scaling, I'd argue it's a now problem. But if the concern is blockspace being super competitive, then we aren't there yet.
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10 sats \ 0 replies \ @ninjagrandma65 11 Sep
The cypherpunks were looking 50 years in the future. We should do the same.
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