Damus
Jack K · 1d
You can’t hide from the fact by muting me that SegWit has discounted arbitrary bits and your whole movement is to remove arbitrary bits from the chain. You are literally running code that discounts...
Kyma Fi profile picture
SegWit data is far from arbitrary; it is foundational to the Lightning Network’s ability to facilitate fast, low-cost, off-chain transactions.

And the 1MB block limit was to prevent spam attacks early on in the network development. It wasn’t a hard cap like the supply. That makes no sense to sacrifice the mechanism which allows it to be a medium of exchange for no reason at all. Segwitt bits don’t cause the chain bloat and aren’t arbitrary.

Unless you think sending zaps, or making payments on lighting is arbitrary lol
1
Jack K · 17h
The pricing is arbitrary. Why not 1/10? 1/1000? 1/2? Why 1/4? Why not 1/1 when the physical bits cost the same to store? The only moral answer in regards to the economics of energy is 1=1. But hey, now we can stuff spam in witness data for 1/4 of the cost and grow the chain memory up to 4x faste...