Post
Topic
Board Bitcoin Discussion
Re: On Ordinals: Where do you stand?
by
franky1
on 01/03/2023, 16:04:24 UTC
all you care about is ways to make bitcoin expensive and impractical to use as a p2p network so you can scam, scheme, and and syphon value away from people for your own buddy groups gain.
I've noticed this excuse lately from big blockers. Is this really all you have? In my local board, someone argued that the Bitcoin developers don't want scaling, because they're cooperating with politicians, so they can slow down adoption, with second-layer solutions being an obstacle to it. He even argued that due to Mastercard funding the development, it is behind this conspiracy. You sound like him now.

In which galaxy do we want Bitcoin to be more expensive and unusable as a peer-to-peer network? Grow up for once and use arguments adults use.

by limiting onchain transaction growth. when the total fee's become more important to mining pools it then causes people to pay more

with transactions count growth onchain there are more transactors. meaning individuals pay less because .. math

if pools need say 0.13000000btc right now as their bonus of 6.25:0.13 reward:fee
which way should it be

2000 transactors paying 6500 sat each (10 sat/byte of average 650byte) =0.13
or
4000 transactors paying 3250 sat each (5 sat/byte of average 650byte) =0.13

you and your madhatter family/relationships(you and doomads buddies) prefer less than 2000 average transactions per block where 1 person pays for say 0.3mb at 10sat/byte for the inputs/ooutputs. then 2.5 for the 300kb of bloat/meme and then 1700 other people pay more then 10 sat per byte to try to 'outbid' each other to try to get into the remaining area of a block

..
oh and if you actually research. the main core develops that done these changes are blockstream sponsored. which blockstream were consulting with the hyperledger group (the institutional bankers of CBDC)
so no its not "mastercard" but nice try spinning that stupid idea. its the other bankers that are using bitcoin as the sandbox experiment for limiting bitcoin utility as just a reserve asset swap and using second layers as the payment system
yep idea's inspired by hyperledger way back in 2015

you really should try to look at stuff and not just take doomads narrative. he is not helping you learn at all