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0 sats \ 0 replies \ @DiedOnTitan 12h \ on: My Response to Steve Patterson (BCash) on "Hijacking Bitcoin" - Bob Murphy Show bitcoin
If we factor micro-transactions into the equation, like zapping here on SN, and we start seeing tens of millions of transactions per block, and block size scales, then nodes will explode in size limiting node operators to the largest datacenter operators in the world. This centralizes the network and cedes consensus to a few big well funded corporations. This is definitely not Satoshi's vision. Layer 2s are inevitable at some point. And if they are inevitable, then small blocks make sense. Bitcoin Core wins. Based on hash rate and energy use, it's not even close. BCH is dying a slow death. And yes...tired of this debate. The market has chosen. Let's move on.