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by sanswork 3622 days ago
Why do you think Blockstream would capture a large part of that market? They are only known by people who care specifically about the implementation of bitcoin. If you did a survey of just users I doubt more than 50% would know them. Their are much more well known entities in the space that are far more likely to win a battle to be primary hubs.

Bitcoin can't scale in a peer to peer way to handle any real kind of volume. It's kind of the downside of distributed systems is that they suck at scaling and throughput.

I'm guessing you want them to increase the block size to 2mb but what does that get you? 6tps? So we go to 20mb and you're up to 60tps? You can't scale it on chain and get anywhere near the tps needed for it to be globally successful.

So your options are offchain scaling or limiting its uses with fees.