ExploreTrendingAnalytics
Nostr Archives
ExploreTrendingAnalytics
Hanshan33d ago
Keys are the peer in 'peer to peer.' People are cheering ecash banks as a scaling solution and completely ignoring the fact you can get the better tradeoffs by just having bigger blocks. Its a question of narrative and expressed design. The expressed design goal right now is "Artificially constrict L1 throughput and build Rube Goldberg machines on top to deal with the design limitations". Which is dumb considering the increase in bandwidth and storage in the last 10 years. >> Block may grow at some point. Do you see a lot of indication that might be a possibility? anywhere? Cause all I see is complete paralysis and failure of any system to make change at all. The only option is to move to another chain or fork. It's just bad design choices.
💬 2 replies

Thread context

Root: 7cf9eb02a4db…

Replying to: 0cde90ff56e7…

Replies (2)

Cykros33d ago
Ecash is interesting but arguably more for its ability to work offline and some unique approaches to privacy. But also like Lightning, scaling isn't just spacial. Executing faster is temporal scaling and frankly in many cases seems at least as important, especially right now. Keys are all well and good but if you're querying the network with an untrustworthy node (ie, one that isn't yours) a lot breaks down. When you and your payee see different data, what settles the disagreement? As for indications soon, no. The arguments if anything are to shrink blocks or otherwise remove the segwit discount. Also concerns that with block space in such low demand we may need to explore ways to keep miners incentivized. If there's any reason to expand blockspace it'll be far off in the future.
0000 sats
Iihsotas31d ago
L1 privacy is terrible. Ecash and other higher layer solutions provide more than just fast payments they provide a means to obscure transactions and break the kyc trail. In order to imagine a world where larger blocks are required I need to see sustained full blocks and high fees. We haven’t seen that or even been close.
0000 sats