Prompting Grok to save me time reading/rebutting Lopp's hit piece against BIP-110.
Pretty decent summary.
https://image.nostr.build/1175f7783107fcbdd5eff16268b25afeb0c64c7522323be95668f795483a2676.p...
A hit-fork deserves a hit piece, but he's probably not the right guy to be writing since there seems to be a conflict of interest with Citrea.
The BIP-110 mob is always going on about bloat and Luke was on a podcast recently FUD'ing about growth in the chain outpacing technology required to support it, but would this still be a concern if regular transactions were filling up the chain? Why wouldn't a full chain be the goal?
But let's suppose it's not or technology just isn't where it should be for the current activity. The average block size over the last 30 days was 1.6MB. That's 84GB/yr at that rate (max 210 GB/yr). Constant. Have the economics of computing storage, bandwidth or processing ever been constant??
The BIP-110 mob is always going on about bloat and Luke was on a podcast recently FUD'ing about growth in the chain outpacing technology required to support it, but would this still be a concern if regular transactions were filling up the chain? Why wouldn't a full chain be the goal?
But let's suppose it's not or technology just isn't where it should be for the current activity. The average block size over the last 30 days was 1.6MB. That's 84GB/yr at that rate (max 210 GB/yr). Constant. Have the economics of computing storage, bandwidth or processing ever been constant??
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