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by PeterisP
3252 days ago
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Because solutions that are practical for getting 2x or 10x the capacity aren't sufficient, since getting used in big capacity requires a vision that can give a thousandfold increase, and increasing the block size can't ever provide that in a practical manner. If you want to scale a huge cliff, going to fetch a 20 feet ladder will not help you. |
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Increasing blocksize is just the first thing to do of many engineering optimizations. If you want to climb Everest, you first need to reach base camp.
Even if LN works great and scales beautifully, we will still need that 100x increase in the blockchain that it settles on. LN itself will create transaction demand - people aren't paying $2.50 in fees now to buy a $3 coffee with bitcoin.