| >>TBH, it doesn't matter what the original intention was if it doesn't work. 2nd layer works. It's by no means established that Bitcoin's 2nd layer technologies can work as a full substitute for on-chain transactions. It certainly has major shortcomings, and consequently being used very little, right now.. >>Bigger blocks are a populist movement which disregard science There is absolutely no scientific evidence that big blocks don't work. What's unscientific is claiming that the LN can act as a substitute for on-chain transactions when it's an unproven experimental technology. >>Nobody care's about "what satoshi intended" in terms of on-chain vs. off-chain. " It's not about "what satoshi intended". It's about the original scaling that plan Satoshi published. Bitcoin's original adopters were told that Bitcoin would be able to match Visa's throughput by scaling on-chain. That was the experiment they signed up for. Changing that plan without getting consensus from the community, and through restricting debate on /r/bitcoin, is extremely disingenuous and elitist. |
Its use is low because it is still in the testing phase and there are purposefully few mainnet clients.
> There is absolutely no scientific evidence that big blocks don't work.
I'm not claiming they won't, only that they by necessity sacrifice some level of decentralization, because they require more resources.
> What's unscientific is claiming that the LN can act as a substitute for on-chain transactions when it's an unproven experimental technology.
What I mean to say is that I think the approach that Core is taking to scaling is a more scientific route. I think lots of people support bigger blocks because it seems obvious and makes sense at first glance, but so do a lot of things that aren't good. The core approach is a classical computer science acknowledgement of scarce resources and the creative implementation of technology to get around them.
> It's about the original scaling that plan Satoshi published. Bitcoin's original adopters were told that Bitcoin would be able to match Visa's throughput by scaling on-chain.
I don't know why this is particularly significant. If you think it can do that, go do it. But if the same feature set is essentially maintained (or even improved, in the case of Lightning), then I don't know why we'd stick to what Satoshi originally published. What's the actual reason we should?
> That was the experiment they signed up for.
I mean I consider myself to be a relatively early adopter and that's not what I signed up for. I signed up for a decentralized system of financial sovereignty. Payments is a part of that, but if the system isn't decentralized, it doesn't matter. So I appreciate the core emphasis on that part, and from my perspective layer 2 has many enhancements and is a great upgrade. I don't know why I'd cling to on-chain scaling specifically. It's like adamantly supporting combustion engines in the new age of renewables and electric motors.