@BillyM2k @vladtenev Exactly, block size & time should keep pace with the rest of the Internet

Moving to a 1GB (and later 10GB) block size limit would provide all of the throughput a global currency would need for the foreseeable future. L2 solutions are not necessary to solve this problem.

The creator of the Lightning Network Tadge Dryja reminds people that Lightning won’t work with small blocks. The requirement is a ~100 mb block size, otherwise you end up with centralized companies being the intermediary which is basically just modern centralized banking again,…

Bitcoin now has 2 modes: 1. Low fees: 1 sat per byte can't sustain security considering halvings 2. High fees: unusable, people switch to other chains, which leads back to mode 1, i.e. no security The solution? A block size increase to fit more transactions paying low fees.

. @IvanOnTech supports doubling the bitcoin blocksize to make for more room for Ordinals inscriptions

100% agree. I'm also in favor of no limit on blocksize. But I'd take any increase we can get.

@RealHalFinney Pretty sure the objections against the block size increase were momentary and we'll have other proposals in the future that will get considered more seriously. In the long run, the plan is for the fees to cover the diminishing block subsidy. At the same time, we need to scale to…

If I was a state intelligence agency I would just disguise myself as an inscription related project with bright loony tunes colors and then just bribe miners with 4MB txs ad infinitum. Clearly it's the perfect attack that cannot be criticized else you'll get canceled.

you can't stop JPEGs on bitcoin. complaining will only make them do it more. trying to stop them and they'll do it in worse ways. the high fees drive adoption of layer2 and force innovation. so relax and build things.