• 128 Posts
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Joined 1 year ago
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Cake day: June 13th, 2023

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  • Sounds like you are trying to obfuscate and rationalize the hijacking of bitcoin.

    Facts: 1MB limit on blocks was put in to prevent spam early on with a clear plan to raise it as the network grew, then the project was infused with shady corporate money and they changed the story that 1MB blocks are essential for decentralization which coincidentally provided blockstream (the corporate entity) with a revenue model.

    It was a deliberate attempt to cripple bitcoin so it could not compete with the banking system for payments.


  • You are over-complicating the matter. A temporary limit on the block size was put in early on to prevent the network being spammed since transactions were free at that time. By 2014 there was no such concern anymore and there was no technical reason not to increase this limit. It could have easily been increased to at least 2MB with zero impact on anything. They crafted a new narrative about not being able to run a node on a nintendo so we must stall all progress to accommodate 3 people that want to run a node on a laptop with 515MB of ram.

    It was total sabotage.


  • They were not his changes. The increase of the block size was the plan all along as the 1MB limit was only put in as a temporary anti-spam measure, the plan was derailed by a few devs who had conflicts of interest working for a company that stood to profit from a congested chain by selling off chain solutions. Roger had nothing to do with any technical code changes to bitcoin.

    The core devs should have forked bitcoin and started their own coin instead oh hijacking bitcoin with their idiotic ideas that have crippled bitcoin.




  • MoneroTown is federated so the downvotes are most likely coming from other instances with BTC maxi’s who are angry the truth is coming out. However this post is off-topic and should be in a more relevant community as it has not that much to do with Monero. Maybe cryptocurrency community.

    Nice write-up. I could see the captured BTC devs propose proof of stake solutions in the future. BCH is where real bitcoiners have migrated to. BTC is now just full of bag holders and laser eye clowns.




  • This would most likely be a waste of time. The state is configured in such a way to resist any change and continue the status quo so everyone of your peers there would be fighting you.

    It is much better to build systems, communities, and technology which render the state irrelevant. Ultimately the state is a mafia and it exists for its own benefit at the expense of everyone else, so joining this and trying to rearrange some tables and chairs will accomplish nothing for freedom.