fiatjaf on nostr

imagine the "great script restoration" gives Bitcoin unlimited computational power. you can now do anything with script, even more than just OP_CAT would allow you to.

so what? ethereum has had all that since always and tons of people trying to find a way to scale payments there for almost 10 years and the best they got was zk-rollups, which is shitty as scaling and only increase throughput by 2x

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Se7enZ · 100w

His presentation seemed to me to be more about cleaning up technical debt and improving quality of the underlying script system than solving explicitly for scaling.

Jeff Swann · 100w

Op_cat & things like it are not particularly helpful & open doors to attack bitcoin. They will not be added. The tools currently available have not been properly put to use.

James A Lewis · 100w

Make virtual addresses embedded in on-chain addresses. Think of the domain name system. TLD is the on-chain address. Domain name is the L2. Subdomain is L3. Etcetera. Use a merkle tree to prove balances, publish proofs on-chain, and use it to validate the next level up balancing transactions like ne...