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Swan Bitcoin

A Look At the Lightning Network

Examining the scaling method of the Bitcoin network and its evolution from a store of value to a medium of exchange.

First time I had seen this was in her lightning network article. I still see this as one of the best arguments against block size change. Granted, I wasn't really around for block size wars, but when it comes up now, I have never seen others making that point as a case for Bitcoin. I'm surprised I don't see many re-iterate this point at all. It seems like a linchpin in Bitcoin's Lyn keeps shouting the important stuff until people catch on.

If so, why this measurement:

21 Ninja

Total node change

Bitcoin P2P network metrics

Please provide rationale.

Except this doesn't apply to mining as well, where it's getting less and less feasible to run your own hardware.

Yes hands down a really good book.My book is full of notes and is is going to be a good reference book in the future with all the links to other books.

Certainly a good point. Perhaps bitcoin was designed to keep pace with technological advancements. The path chosen has been wisely conservative. However, recent spam attacks are disruptive to creating new layered solutions and also for the poorest people that want to save in bitcoin. What bitcoin has at this point is lots of options, going forward. I think a modest incremental increase in block size has a few advantages: - maintains the decetnralized node network that is in place, and will just need pruning or some disk improvements - makes disruptive spam attacks more expensive - allows the poorest in the world to more easily participate on chain - allows innovation between layers to occur more easily and cheaply - we've not had a block increase since 2017 and 2mb, 4mb, 8mb were left on the table for the medium term Something for the next epoch, perhaps.

We might run a node on our mobile devices. Should be easily possible today. Will cost near nothing in the future.