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From: Billy Tetrud <billy.tetrud@gmail.com>
Date: Tue, 22 Feb 2022 06:57:15 -0600
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To: Prayank <prayank@tutanota.de>,
Bitcoin Protocol Discussion <bitcoin-dev@lists.linuxfoundation.org>
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--000000000000138e6b05d89ae48f
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> look at how lightning ate up fees to keep bitcoin stable, we can't
"scale" too quickly either
I strongly disagree with this. We should be scaling Bitcoin as fast as we
can. There is no reason to delay scaling for the purposes of keeping fees
high. If we need fees to be higher, we can lower the block size or increase
the default minimum relay fee rate.
Also, the idea that use of the LN is there primary cause of recent low fees
is highly dubious.
> the various new uses for on-chain transactions mentioned as a use-case
arguably harms all existing users by competing for scarce blockchain space
Reminds me of that old saying, "nobody goes there anymore, it's too
crowded". ; )
On Mon, Feb 21, 2022, 03:54 Prayank via bitcoin-dev <
bitcoin-dev@lists.linuxfoundation.org> wrote:
> Goog morning ZmnSCPxj,
>
> Context: https://bitcointalk.org/index.php?topic=48.msg329#msg329
>
> Maybe I should have rephrased it and quote Satoshi. I agree I should not
> speak for others and it was not my intention in the email.
>
> > If Satoshi refuses to participate in Bitcoin development today, who
> cares what his opinion is?
>
> I care about the opinions especially if consensus rules are not changed
> and remain same as far as subsidy is concerned.
>
> > Satoshi is dead, long live Bitcoin.
>
> I object to such assumptions about the founder of Bitcoin. Satoshi is more
> than a pseudonym and will stay alive forever.
>
> --
> Prayank
>
> A3B1 E430 2298 178F
>
>
>
> Feb 21, 2022, 14:32 by ZmnSCPxj@protonmail.com:
>
> Good morning Prayank,
>
> (offlist)
>
> Satoshi
>
>
> I object to the invocation of Satoshi here, and in general.
> If Satoshi wants to participate in Bitcoin development today, he can speak
> for himself.
> If Satoshi refuses to participate in Bitcoin development today, who cares
> what his opinion is?
> Satoshi is dead, long live Bitcoin.
>
>
> Aside from that, I am otherwise thinking about the various arguments being
> presented.
>
>
> Regards,
> ZmnSCPxj
>
>
> _______________________________________________
> bitcoin-dev mailing list
> bitcoin-dev@lists.linuxfoundation.org
> https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev
>
--000000000000138e6b05d89ae48f
Content-Type: text/html; charset="UTF-8"
Content-Transfer-Encoding: quoted-printable
<div dir=3D"auto"><div dir=3D"auto"><br></div><div dir=3D"auto">> look a=
t how lightning ate up fees to keep bitcoin stable, we can't "scal=
e" too quickly either<div dir=3D"auto"><br style=3D"font-size:12.8px">=
</div><div dir=3D"auto">I strongly disagree with this. We should be scaling=
Bitcoin as fast as we can. There is no reason to delay scaling for the pur=
poses of keeping fees high. If we need fees to be higher, we can lower the =
block size or increase the default minimum relay fee rate.</div><div dir=3D=
"auto"><br></div><div dir=3D"auto">Also, the idea that use of the LN is the=
re primary cause of recent low fees is highly dubious.</div><div dir=3D"aut=
o"><br></div><div dir=3D"auto">> the various new uses for on-chain trans=
actions mentioned as a use-case arguably harms all existing users by compet=
ing for scarce blockchain space</div><div dir=3D"auto"><br></div><div dir=
=3D"auto">Reminds me of that old saying, "nobody goes there anymore, i=
t's too crowded". ; )</div><div dir=3D"auto"><br></div></div><br><=
div class=3D"gmail_quote"><div dir=3D"ltr" class=3D"gmail_attr">On Mon, Feb=
21, 2022, 03:54 Prayank via bitcoin-dev <<a href=3D"mailto:bitcoin-dev@=
lists.linuxfoundation.org" rel=3D"noreferrer noreferrer noreferrer noreferr=
er" target=3D"_blank">bitcoin-dev@lists.linuxfoundation.org</a>> wrote:<=
br></div><blockquote class=3D"gmail_quote" style=3D"margin:0 0 0 .8ex;borde=
r-left:1px #ccc solid;padding-left:1ex">
=20
=20
=20
<div>
<div>Goog morning ZmnSCPxj,<br></div><div dir=3D"auto"><br></div><div dir=
=3D"auto">Context: <a href=3D"https://bitcointalk.org/index.php?topic=3D48.=
msg329#msg329" rel=3D"noreferrer noreferrer noreferrer noreferrer noreferre=
r" target=3D"_blank">https://bitcointalk.org/index.php?topic=3D48.msg329#ms=
g329</a><br></div><div dir=3D"auto"><br></div><div dir=3D"auto">Maybe I sho=
uld have rephrased it and quote Satoshi. I agree I should not speak for oth=
ers and it was not my intention in the email.<br></div><div dir=3D"auto"><b=
r></div><div dir=3D"auto">> If Satoshi refuses to participate in Bitcoin=
development today, who cares what his opinion is?<br></div><div dir=3D"aut=
o"><br></div><div dir=3D"auto">I care about the opinions especially if cons=
ensus rules are not changed and remain same as far as subsidy is concerned.=
<br></div><div dir=3D"auto"><br></div><div dir=3D"auto">> Satoshi is dea=
d, long live Bitcoin.<br></div><div dir=3D"auto"><br></div><div dir=3D"auto=
">I object to such assumptions about the founder of Bitcoin. Satoshi is mor=
e than a <span><span>pseudonym</span></span> and will stay alive forever.<b=
r></div><div><br></div><div>-- <br></div><div>Prayank<br></div><div><br></d=
iv><div dir=3D"auto">A3B1 E430 2298 178F<br></div><div><br></div><div><br><=
/div><div><br></div><div>Feb 21, 2022, 14:32 by <a href=3D"mailto:ZmnSCPxj@=
protonmail.com" rel=3D"noreferrer noreferrer noreferrer noreferrer noreferr=
er" target=3D"_blank">ZmnSCPxj@protonmail.com</a>:<br></div><blockquote sty=
le=3D"border-left:1px solid #93a3b8;padding-left:10px;margin-left:5px"><div=
>Good morning Prayank,<br></div><div><br></div><div>(offlist)<br></div><blo=
ckquote>Satoshi<br></blockquote><div><br></div><div>I object to the invocat=
ion of Satoshi here, and in general.<br></div><div>If Satoshi wants to part=
icipate in Bitcoin development today, he can speak for himself.<br></div><d=
iv>If Satoshi refuses to participate in Bitcoin development today, who care=
s what his opinion is?<br></div><div>Satoshi is dead, long live Bitcoin.<br=
></div><div><br></div><div><br></div><div>Aside from that, I am otherwise t=
hinking about the various arguments being presented.<br></div><div><br></di=
v><div><br></div><div>Regards,<br></div><div>ZmnSCPxj<br></div></blockquote=
><div dir=3D"auto"><br></div> </div>
_______________________________________________<br>
bitcoin-dev mailing list<br>
<a href=3D"mailto:bitcoin-dev@lists.linuxfoundation.org" rel=3D"noreferrer =
noreferrer noreferrer noreferrer noreferrer" target=3D"_blank">bitcoin-dev@=
lists.linuxfoundation.org</a><br>
<a href=3D"https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev" =
rel=3D"noreferrer noreferrer noreferrer noreferrer noreferrer noreferrer" t=
arget=3D"_blank">https://lists.linuxfoundation.org/mailman/listinfo/bitcoin=
-dev</a><br>
</blockquote></div></div>
--000000000000138e6b05d89ae48f--
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