Post by @vitalik • Hey
Some reflections on the Bitcoin block size war https://vitalik.eth.limo/general/2024/05/31/blocksize.html
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Im hindsight bigger blocks just make sense, ordinals would scale with bitcoin if we had larger core blocks. Although this is obviously not what satoshi wanted for the core protocol.
The Bitcoin Block Size War was more than just a technical dispute; it was a philosophical battle over the essence of what Bitcoin should be. Small blockers believed that any significant increase in block size could centralize the network and compromise the ability of regular users to run nodes anonymously and affordably. They saw Bitcoin as a means to preserve individual financial sovereignty and resist centralization. On the other hand, big blockers argued that Bitcoin needed to be scalable to be used as accessible digital cash, focusing on reducing transaction fees and processing more transactions per second. The central disagreement was about how to balance decentralization and scalability without compromising Bitcoin's core principles.
👀
Great
strk BTC L2 😂
Cool
Good point
Nice
MG
nice
Wen good crypto movie? :)
cool