#bitcoin #nostr note of the day ...
The Bitcoin blockchain has placed a 1-megabyte limit on the size of each block, which has limited the pace at which the blockchain can grow. That limit allows simple computers to be able to maintain and run a node. Should the size of each block increase, or should the blockchain be used for more sophisticated processes such as those touted by blockchain enthusiasts, it would become too large to be run on individual computers. Centralizing the network over a few large nodes owned and operated by large institutions only defeats the entire point of decentralization.
Trustless digital cash has so far been the only successful implementation for blockchain technology precisely because it is a clean and simple technological process to operate, leading to its ledger growing relatively slow over time.
- The Bitcoin Standard
G'daystr! 😁