Thread - Nostr Hypermedia

Comte de Sats Germain resonance@zaps.lol 2 months ago

Thanks for writing this, @calle . Can you help with a couple more questions? How do we get rid of inscriptions? Is there anything we could do, regardless of how difficult it would be, that could do it? Can we get rid of the segwit discount? I understand segwit solved an exploit that was involved in the MtGox hack, but is the discount really necessary?

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Replies (2)

Deleted Account 2 months ago

Shitcoins will automatically be priced out once Bitcoin adoption achieves critical adoption globally. Pleb transactions will also be priced out, and this why layer2/3 are extremely importants for the long term success of Bitcoin. Otherwise it will just become a digital gold that no pleb can use.

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Comte de Sats Germain resonance@zaps.lol 2 months ago

Inscriptions aren't shitcoins. I agree that 2nd layers are extremely important, but I do not agree that plebs will ever be priced out without them. If that were a believable scenario, then the focus should be more on handling "utxo bloat" - meaning making the bloat okay, instead of avoiding it. The reason is because 1 sat/vbyte is not the minimum tx fee. But I don't think these issues have anything yo do with my questions, and I don't want to be sidetracked.

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