BTCapsule 🏴🧡 on Nostr: I am not a BCH shill. I think large blocks on L1 are a bad idea, but this does not ...
I am not a BCH shill. I think large blocks on L1 are a bad idea, but this does not mean large blocks do not have a use case.
The problem with big L1 blocks is it makes the cost to run an L1 node too expensive. If less people can run a full node, then the 21 million could be compromised. The 21 million is all that matters.
With a big block sidechain, pegged 1:1 by Bitcoin’s proof of work, it doesn’t matter if the optional L2 node is a bit more expensive. We can have multiple big block sidechains with atomic swaps; so the 21 million is always secured, and the sidechains are still FAR more decentralized than any shitcoin or custodial lightning.
Published at
2024-03-30 08:37:26Event JSON
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"content": "I am not a BCH shill. I think large blocks on L1 are a bad idea, but this does not mean large blocks do not have a use case. \n\nThe problem with big L1 blocks is it makes the cost to run an L1 node too expensive. If less people can run a full node, then the 21 million could be compromised. The 21 million is all that matters.\n\nWith a big block sidechain, pegged 1:1 by Bitcoin’s proof of work, it doesn’t matter if the optional L2 node is a bit more expensive. We can have multiple big block sidechains with atomic swaps; so the 21 million is always secured, and the sidechains are still FAR more decentralized than any shitcoin or custodial lightning.",
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