Replies (19)

Aeneas's avatar
Aeneas 1 year ago
The BTC maxis call this decentralization 😂😂
they lied and said that node requirements have to be artificially small so that people can have a non-mining node on a raspberry pi powered by potatoes at the top of the himalayas, and then they put all their nodes on AWS and GCP. it was always a giant lie.
the original method seemed fine to me: after we reach a certain blockheight, increase the blocksize. repeat as needed. but now there are large players (with powerful, years long propaganda campaigns) that benefit explicitly from constrained block space.
both XMR and BCH have excellent adjustable blocksize algorithms. I've always believed that there is nothing wrong with some linear scaling as long as that's not all you're gonna do and as long as a full node can still run on reasonably up to date consumer grade hardware. this would have bought plenty of time until someone could come up with a way to have a L2 that doesn't just end up shoving everyone into custodians. whatever "centralization" would occur from bigger L1 blocks is nothing compared to the number of people being shoved into custodians because of payment channel garbage right now.
Aeneas's avatar
Aeneas 1 year ago
The are the dumbest species on earth 😂
habibi's avatar
habibi 1 year ago
That mean the vast majority of LN nodes are hosted by cloud corporations and not self hosted by individuals, it's catastrophic for decentralization, LN is largely centralized...
habibi's avatar
habibi 1 year ago
When I see that, I'm happy to not have Bitcoin at all, the network is already captured and censorship compliant, bitcoiners, be ready for the OFAC list
habibi's avatar
habibi 1 year ago
Honestly, it's sad, how Bitcoin was hijacked I want cry
habibi's avatar
habibi 1 year ago
corporations interest is far different from people interest. They want money, we want freedom, the fight is on, Monero take the lead, 1 cpu 1 vote