Post
Topic
Board Development & Technical Discussion
Re: BRC-20 needs to be removed
by
LegendaryK
on 24/05/2023, 18:06:56 UTC
No one is arguing that the primary use case for Bitcoin was a method of peer-to-peer exchange for the last 14 years. If you alter the original coin to devalue that primary use case, it becomes generic and it will fade away like thousands of cryptos that came after it. Changes to support its primary use case should always be encouraged. That's why Segwit was eventually adopted, because although it may have temporarily reduced miner's fees, it improved the primary use case, adoption and value of Bitcoin.

There is obviously a major schism in the community, which I have not seen since Bitcoin Cash. I see this eventually resulting in a soft or hard fork. If the pro-BRC-20 bug people want to create monkey pics on a forked chain, that's fine with me.

I do think the Devs read Bitcointalk and I think it's important to keep this thread alive. I hope they focus on their technical discussion, instead of disrupting it with spam.


By choosing Segwit and an Offchain solutions such as LN or Liquid instead of simply increasing blockspeed or expanding blocksize to increase Onchain Capacity,
the end result was always going to be the Onchain congestion that is currently happening when the blockchain receives any usage.
This literally will force the adoption of Offchain for many , as that was the intended result from the very beginning.

The Devs were the primary pushers of segwit & offchain, they have no intention of making any changes toward improving Onchain Capacity.
So Onchain Congestion and the forced relocation of the transactions to Offchain due to non-affordability of Onchain transaction pricing will continue and intensify for the future, until no one but the richest are able to transact Onchain.

This is not a debatable argument , merely the future of BTC.

Your only real options are either accept the Offchain Banking scam or Choose another solution that favors Onchain Capacity.

Good Luck in your Choices.
 Cool