An analysis of Bitcoin's throughput bottlenecks

Re:An analysis of Bitcoin's throughput bottlenecks by rawtxapp on Wednesday May 12, 2021 @06:04PM (#27135711)

There are some very important changes happening in bitcoin (taproot, eltoo, lightning). Devs aren't opposed to protocol changes, they are opposed to ill-thought changes that make it less decentralized and weaker.

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Re:An analysis of Bitcoin's throughput bottlenecks by hanniabu on Wednesday May 12, 2021 @09:44PM (#27137518)

Since when does Lightning Network not make it less decentralized? That's news to me

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Re:An analysis of Bitcoin's throughput bottlenecks by itsdsmurrell on Wednesday May 12, 2021 @06:13PM (#27135779)

Wrong, they are opposed to changes that will stop them from profiteering off higher layer solutions they provide.

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Re:An analysis of Bitcoin's throughput bottlenecks by rawtxapp on Wednesday May 12, 2021 @06:16PM (#27135828)

Devs are not profiting from 2nd layers, people who commit capital to these payment channels do! And even then it's tiny amounts.

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Re:An analysis of Bitcoin's throughput bottlenecks by atatatat on Thursday May 13, 2021 @06:15PM (#27148174)

MasterCard and Visa take tiny amounts, too.

DOGE and PRV (WSBCoin anyone?) don't require these layers.

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