Damus
fiatjaf profile picture
fiatjaf
@fiatjaf
I wish I could get inside the minds of these people who think "sharing utxos" accomplishes anything for Bitcoin in terms of scaling

lightning is already "sharing utxos" and look at how bad it is, any other construction will be worse
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doot · 100w
i’ve always thought the worst scaling axiom was ‘it must have unilateral exits’
StackSats.IO · 100w
We need to be realistic about scalability. As Bitcoin grows, later entrants are going to get priced out of base layer regardless if its gonna survive so why do we need to try and have 8 Billion+ people with direct sovereign access to this layer when 95% of them couldn’t afford the fees? Makes no ...
Hynek · 100w
What is your current way of thinking?
Big Barry Bitcoin · 100w
What else do we even have? Bitcoin has a lot more demand to get through in the coming future.
Kendy · 100w
People actually think that? I’ve always thought it’s all about privacy and assumed others understood the same.
Do something G · 100w
Can a person with a shared utxo spend said utxo without permission/obstruction from someone else?
Quantoshi.xyz · 100w
I don’t understand how utxo sharing works or even could work. But I can tell you how to think about it. Any software trick that allows more people to transact per byte of block space is potentially critical to the survival of bitcoin. Remember, bitcoin must evolve to spread cost of ongoing sec...