Re: Any idea when the Bitcoin Mempool will stop being so congested?

Quote from: stompix on Today at 03:06:15 PM

Yup, LN. There is simply no other solution!
The blockchain has right now 580 million transactions witht a size of 300GB, not that much, doesn't sound impressive except that if we look at the top 3 card processing networks (visa/mc/upay) they are handling 1.2 of that every day! Moore's Law is dead and buried you can't force a home user to keep a record the size of a multinational trillion worth company in his room and add a new hdd every week.

In other words, you set a goal so that every home user can keep a full node. But this goal leads to a impasse in the development of Bitcoin. This means that there will be ~10 million users on blockchain and this growth will end. We are already at this impasse for the last 5 years.

Maybe we should set a real goal? For example, the number of full nodes should be at least 100 thousand. After all, at 100 thousand Bitcoin will remain decentralized? And then your terrible "every week a new hard drive" translates into ~$5000 a year. If we have a billion users, how many of them can afford to maintain a full node for 10 thousand.$ a year?

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But, again but!, I'm almost sure that nothing even close to migration to LN will happen.
More likely, and unfortunately, as most people are lazy as fuck and don't want to learn and feel more comfortable having someone else figure stuff for them they will switch to web wallets and use those to pay for things or transfer money since those wallets can offer close to zero fees when it comes to transfers between users as they don't have to settle balances on-chain. And ...we're back to square one.

These "most people are damn lazy and don't want to learn" calmly figured out Bitcoin, use a Bitcoin wallet, make transactions, and launched 100 thousand full nodes.
And when it came to LN, they immediately became stupid. Maybe they don't want to use LN because it's just a shitty system.