Quote from: Abiky on December 23, 2023, 08:17:41 PM

It's all because of SegWit + Taproot. Without those upgrades, Bitcoin would've stayed a pure money system by now. Forks like BCH and BSV didn't need Taproot because they took a different approach for scaling (increasing the block size). They are safe from Ordinals. Now BTC developers would need to find a way to lower the fees without censoring Ordinals inscriptions. I know miners won't like this, but it's the majority that counts (users, node operators, businesses, etc). If a super majority approves a reduction on network fees, miners would have no choice but to "go with the flow".

I hope this issue gets solved ASAP, for Bitcoin to reach the masses. Especially people in developing countries. At its current state, Bitcoin can only be used by whales and the elite. This creates an unequal system where the rich get richer and the poor, poorer. The future is widely unpredictable, so we can only hope for the best. Grin

Bcash SV is literally just terabytes of spam transactions. The BCH and BCH SV approach to scaling just made them more centralized. Prioritizing cheap fees only makes it easier for people to abuse the network and gives more power to centralized authorities.

This obsession with mass adoption is a fool's errand. Bitcoin can never be optimized to fulfill the needs of every single person on Earth. Any attempt to do so will result in serious compromises that would make it hard to distinguish from fiat currency.