This might be an ill-informed question, but I came across this recently and was wondering how we feel about BTC upgrades/improvements?
It feels like BTC is now chasing fiat gains over building a global p2p economy, hoping that lightning network or some other L2 solves the scaling problems for non-custodial transactions.
https://blog.plan99.net/the-resolution-of-the-bitcoin-experiment-dabb30201f7That's fair question, however, Bitcoin remains focused on a vision of a global peer-to-peer economy, and into such upgrades lie the keys to solving its scaling issues. The Lightning Network provides for speedy and cheap transactions by processing them off-chain. Hence, congestion on the main blockchain is reduced. This approach is crucial in the maintenance of the non-custodial, decentralized nature of Bitcoin, while finding a suitable way to deal with faster transactions in great need. Improving at an unprecedented rate with over 16,000 nodes, Bitcoin is upgrading without sacrificing one speck of its old ideals.