(no title)
vegarde | 6 years ago
And this, you want to do after significant adoption?
So, you are basically going to tell the Starbuckses and other large corporations that have built a large infrastructure around onchain transactions that they need to stop that, wait a few years until 2nd layers are adopted, and then start using that?
lawn|6 years ago
> Both should of course be done simultaneously, and never focus on one to the exclusion of the other.
I have no issues with developing 2nd layers, but ignoring on-chain scaling and not even looking at what can be achieved is beyond stupid.
In fact we know that moderate blocksize increases are safe (we can increase it many times before block propagation time becomes an issue for example). Yet we've thrown that out and placed our hope that 2nd layers will magically solve this for us.
> So, you are basically going to tell the Starbuckses and other large corporations that have built a large infrastructure around onchain transactions that they need to stop that, wait a few years until 2nd layers are adopted, and then start using that?
No, that's exactly what has happened to Bitcoin, and what the Bitcoin developers have been saying the last few years. It's what I'm saying is so stupid.
The Lightning Network has been "ready in 18 months" the last 4 years. And it's still not ready.
DSingularity|6 years ago