Post
Topic
Board Development & Technical Discussion
Re: BRC-20 needs to be removed
by
HmmMAA
on 05/06/2023, 13:55:45 UTC
You could also perform a spam attack on the network to increase the fees and the income of the miners. Like 2017!

Look at the definition of spam , you can't call spam a transaction that pays more fees than normal . Try to find another term .
 If you had a store and someone was willing to pay you more than your asked price would you deny him your services ? On the contrary , you would leave the other customers and try to please him the most you could . You asked for a fee market , you made it and now people want to pay more to have their transactions validated . Why you call something an attack when it doesn't fit your narratives ?

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Wrong. LN doesn't remove on-chain transactions. In fact it increases the usage since people would have to open and close channels to enter and exit LN.
Nope , you are wrong . If someone has enough liquidity can transact infinitely in LN without closing it's channel/s . In what way that person supports the miners ? On the contrary , with a very small investment , LN nodes work like parasites that suck fees from the true backbone of the system , that has cost billions of investment . Imagine if all transactions move to LN , and miners just wait to be paid from opening and closing channel fees . How would that be sustainable ?

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That's just technobabble to justify abuse.
Bottom line is that whatever blockchain size is and whatever TB disks nodes buy doesn't change the fact that Bitcoin is not a cloud storage service.
Really ? History proves you wrong https://cirosantilli.com/cool-data-embedded-in-the-bitcoin-blockchain#illegal-content-of-block-229k
Not to mention that satoshi himself used blockchain as a "cloud storage" for his timestamp message .