What happens when tomorrows 12TB is how we look at 12GB today? All of what you say heavily depends on the rate of adoptions and if it remains a niche doesnt it? Consumer tech is not static and technological development is not static either. i.e. implementing bulletproofs shrunk Monero transaction size by ~80% You're basically saying Monero will suddenly become so successful that it will break (a problem that is also possible for Bitcoin and more likely for it's popularity). What a great problem to have. And if it doesn't gain that crazy level of success (most likely case) then what is the problem? It still remains a useful tool for many. image

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Also nobody said you need to make the blockchain 12tb now. Just holding on to the 1mb block size because somebody wants to be able to run a node on a $50 usd raspberry pie or his apple watch and every user on the network needs to suffer from high fees, slow transaction times, terrible self hosted lightning onboarding etc. is just a completely retarded argument. Just like Bill Gates said in the 80s, 640kb of ram should be enough for everybody... Scaling the block size to 10mb or so would solve so many problems, help the bitcoin adoption tremendously, make it cheap to open lightning channels, move away from custodial wallets etc. But, when a majority of the developers is paid by companies which have direct incentives to keep the blocksize small so they can sell their solutions ( Blockstream, Lightning Labs etc. ), this obviously does not happen. That people say Bitcoin is decentralized when it is actually controlled by a few entities is a mystery to me.
people constantly made an argument during the blocksize wars stating "we can't go to 1 TB blocksize by next tuesday so let's not do a blocksize increase at all." it was a stupid thing to say
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spore 1 year ago
Lol 0% improvement? can't take you seriously. There's hours and hours of discussion on this back in 2017.