Bitcoin price 2016

Jeff Garzik on Twitter: “#Bitcoin core block size must increase -and- we need Lightning and other secure insta-payment solutions.





Jeff Garzik on Twitter: “#Bitcoin core block size must increase -and- we need Lightning and other secure insta-payment solutions.

The big question which we will ask ourselves years later is: “Did the reluctance of Core devs to increase the block-size limit usher in a golden era of blockchain development?”
That is literally the only thing which might make me think that they know what they are doing.
From what I think is that Satoshis clumsy blocksize limit may turn out to be a smart move if it enables decentralized development by the discussion about the limitation itself. Thus making Bitcoin an actual political system above all centralized developed AltCoins. M
After all Bitcoin’s killer app is to free the people from private central banking, debt enslavement of unborn children by unelected bankers and the fiat funny money war machinery.

Lightning network & Liquid are inferior competitors to the Bitcoin protocol, pure and simple.
There is no evidence that shows that the supply and demand free market equalization will not continue to support organic growth ON-CHAIN. Off-chain private networks should be discouraged as it breaks the layer of transparency, and would likely mimic the system that central banks currently use.

The central issue which we will ask ourselves years after the fact is: “Did the hesitance of Core devs to expand the block size limit usher in a golden era period of blockchain advancement?”

That is actually the main thing which may make me imagine that they know what they are doing.

From what I believe is that Satoshis sloppy blocksize limit might end up being a keen move in the event that it empowers decentralized advancement by the discussion about the restriction itself. Along these lines making Bitcoin a real political system above all centralized developed AltCoins.

After all Bitcoin’s killer application is to free the general population from private central banking, debt enslavement of unborn children by unelected bankers and the fiat funny money war machinery.

Lightning network & Liquid are inferior competitors to the Bitcoin protocol, pure and simple.
There is no evidence that shows that the supply and demand free market equalization will not continue to support organic growth ON-CHAIN. Off-chain private networks should be discouraged as it breaks the layer of transparency, and would likely mimic the system that central banks currently use.