0 sats \ 2 replies \ @ek 17 Oct 2022 \ parent \ on: I think we're all underestimating Bitcoin bitcoin
You caught us.
write
preview
0 sats \ 1 reply \ @thrown 17 Oct 2022
If you’re being sarcastic, I don’t know why. It was probably the correct move.
reply
0 sats \ 0 replies \ @ek 17 Oct 2022
Oh, sorry, I totally missed the context of your comment (that you replied to me). It showed up in my notifications and for some reason I thought this is a dedicated post and thus thought this is a troll. Sorry again!
It wasn't kept slow. It was kept decentralized at all costs.
Scaling should happen on layers. If you just change the block size, you'll soon run into the same problem while having compromised decentralization; the whole purpose for a blockchain. So you essentially gained nothing.
Just look at the market cap of BCH or BSV.
This are only my 2 sats. There are better articles out there explaining much better why this was done.
reply