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by __s 2356 days ago
2nd layer avoids bloating the ledger. Once limits of 2nd layer are being explored, you can make adjustments to 1st layer with information about how that'll improve 2nd layer throughput. This is like arguing that we shouldn't have in-memory caches, we should just have faster disks

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Once limits of 1st layer are explored (the Bitcoin developers have never even bothered to research where the limits are) you can augment it with 2nd layer solutions. Both should of course be done simultaneously, and never focus on one to the exclusion of the other.

Even the Lightning Network whitepaper states it needs much larger blocks, and for it to work well you need to be able to settle quickly and cheaply on-chain, which is not the case with full blocks.

Let me get this clear: You want to WAIT until it's evident that we can't scale anymore, and then add 2nd layers?

And this, you want to do after significant adoption?

So, you are basically going to tell the Starbuckses and other large corporations that have built a large infrastructure around onchain transactions that they need to stop that, wait a few years until 2nd layers are adopted, and then start using that?

I think you should re-read what I wrote:

> Both should of course be done simultaneously, and never focus on one to the exclusion of the other.

I have no issues with developing 2nd layers, but ignoring on-chain scaling and not even looking at what can be achieved is beyond stupid.

In fact we know that moderate blocksize increases are safe (we can increase it many times before block propagation time becomes an issue for example). Yet we've thrown that out and placed our hope that 2nd layers will magically solve this for us.

> So, you are basically going to tell the Starbuckses and other large corporations that have built a large infrastructure around onchain transactions that they need to stop that, wait a few years until 2nd layers are adopted, and then start using that?

No, that's exactly what has happened to Bitcoin, and what the Bitcoin developers have been saying the last few years. It's what I'm saying is so stupid.

The Lightning Network has been "ready in 18 months" the last 4 years. And it's still not ready.

Are knobs for scaling the primary network already well understood? They are limited. Block size and block frequency. So shouldn’t we delay irreversible changes to primary layer until we understand the additional capacity and knobs of second layer solution?
No.
Bitcoin don't need no stinkin" bigger blocks. Second layer FTW.