This is my favorite tweet of Philip’s so far, for how
1. To newcomers it seems to make perfect sense
2. It really is how Philip feels, so the earnestness is genuine and there’s no dishonesty
Nevertheless, it is wrong, and to Bitcoin, it is dangerous.
Yes!! I'd argue that it's true that both:
- Limiting blocksize excessively causes centralization
- Growing blocksize excessively causes centralization
What's left is standard evidence-based parameter tuning! So uninteresting, scientists may consider it "just engineering".