From mboxrd@z Thu Jan 1 00:00:00 1970 Return-Path: Received: from smtp2.osuosl.org (smtp2.osuosl.org [140.211.166.133]) by lists.linuxfoundation.org (Postfix) with ESMTP id E9AAFC0037 for ; Mon, 1 Jan 2024 16:08:44 +0000 (UTC) Received: from localhost (localhost [127.0.0.1]) by smtp2.osuosl.org (Postfix) with ESMTP id C383C40382 for ; Mon, 1 Jan 2024 16:08:44 +0000 (UTC) DKIM-Filter: OpenDKIM Filter v2.11.0 smtp2.osuosl.org C383C40382 Authentication-Results: smtp2.osuosl.org; dkim=pass (2048-bit key) header.d=gmail-com.20230601.gappssmtp.com header.i=@gmail-com.20230601.gappssmtp.com header.a=rsa-sha256 header.s=20230601 header.b=LIHmGvR/ X-Virus-Scanned: amavisd-new at osuosl.org X-Spam-Flag: NO X-Spam-Score: -1.399 X-Spam-Level: X-Spam-Status: No, score=-1.399 tagged_above=-999 required=5 tests=[BAYES_00=-1.9, DKIM_SIGNED=0.1, DKIM_VALID=-0.1, FREEMAIL_FORGED_FROMDOMAIN=0.25, FREEMAIL_FROM=0.001, HEADER_FROM_DIFFERENT_DOMAINS=0.249, HTML_MESSAGE=0.001, RCVD_IN_DNSWL_NONE=-0.0001, SPF_HELO_NONE=0.001, SPF_PASS=-0.001] autolearn=no autolearn_force=no Received: from smtp2.osuosl.org ([127.0.0.1]) by localhost (smtp2.osuosl.org [127.0.0.1]) (amavisd-new, port 10024) with ESMTP id K-lLp4ECr94Y for ; Mon, 1 Jan 2024 16:08:44 +0000 (UTC) Received: from mail-yb1-xb33.google.com (mail-yb1-xb33.google.com [IPv6:2607:f8b0:4864:20::b33]) by smtp2.osuosl.org (Postfix) with ESMTPS id B566D4011B for ; Mon, 1 Jan 2024 16:08:43 +0000 (UTC) DKIM-Filter: OpenDKIM Filter v2.11.0 smtp2.osuosl.org B566D4011B Received: by mail-yb1-xb33.google.com with SMTP id 3f1490d57ef6-d9beb86634dso1716783276.1 for ; Mon, 01 Jan 2024 08:08:43 -0800 (PST) DKIM-Signature: v=1; a=rsa-sha256; c=relaxed/relaxed; d=gmail-com.20230601.gappssmtp.com; s=20230601; t=1704125322; x=1704730122; darn=lists.linuxfoundation.org; h=cc:to:subject:message-id:date:from:in-reply-to:references :mime-version:from:to:cc:subject:date:message-id:reply-to; bh=xZ1GYAy7qfpWOABYqGkGzEtJQRPdieNDFORwF6RDU3Q=; b=LIHmGvR/YMJN0xc5fH5VHcHrlpH3U6/OCq6QDzW/ZjVbbLX1gdKyAHI+X97fLxIDrH s7/T0o/Gak0fmOqgstu5s45tEnApztfSau+Bg1T/O0/yjIIlNT1TtmHkJ29uODCIfQt3 VW9n92ZdWMERLIMYTA0FOvU8G8Z9mZpH+EK3+aqL+0Eg0gCtiC2fTj3y3ZbOq4ymFM4F ZmOlbAlHmA/71i0m6UsQtYtpQYoe9JEh38lupBOeR9Xlkl1snjyATMDRrH8om78khV6L ggSXncU5pQZHjpyiEX+3s+32BghHC1LlD3A0ZR3hEmhTnmfd3E7t7cssN9R5CzdVGZYk oKLg== X-Google-DKIM-Signature: v=1; a=rsa-sha256; c=relaxed/relaxed; d=1e100.net; s=20230601; t=1704125322; x=1704730122; h=cc:to:subject:message-id:date:from:in-reply-to:references :mime-version:x-gm-message-state:from:to:cc:subject:date:message-id :reply-to; bh=xZ1GYAy7qfpWOABYqGkGzEtJQRPdieNDFORwF6RDU3Q=; b=CM2UZey32pZVZgudKci6krHE9NKWC+bjcmXYYNlYHfHjJekVxFSsbO6Pbe5RAkMs8i /Djt5hhaHann5efMdKzex2wMFo4oEvYbq4GST7DbhueYMNjVXNta6eXCZBfMGshdclmH wNRZjb8EOueJ/W0+GDXiDNf8oh8KmUbGo/wI7Te9fC24BRoJLFm2ssoJrsAo51E85tx3 iUQRslMNt9mg3egHaE+tLPdv28Qm2MEbpEPdw87N7by8q6YJ33Inm3leuTwW3S43OkAw rRKRpih9GymmnjX1kdewGXzJQjIru+nrj9EqcyYnaBwuntSeRcTOHEbvQ+PpOHIaHj9O xEpA== X-Gm-Message-State: AOJu0Ywy9tfoOpDTRj4nbnQG66BQ2zXuYwmoVVxe3DRy7diDl2YO1ZQl c+pNug/yprTxSzoHzilvgCLTg19AVMEFCKLtOq9A475HQZTkc50uZQ== X-Google-Smtp-Source: AGHT+IGPi9/JoNt8Hi0Rb7BlcsvbLo4WoPE0JwuMr4+M0EncMV6y4UtS42kWKiKX9n6a4xkhtFg9wmnk/wb+UKO7hdU= X-Received: by 2002:a25:e095:0:b0:dbd:9912:e852 with SMTP id x143-20020a25e095000000b00dbd9912e852mr13403740ybg.2.1704125322026; Mon, 01 Jan 2024 08:08:42 -0800 (PST) MIME-Version: 1.0 References: <980df778-cc94-4f98-8eb1-cbb321883369@gmail.com> In-Reply-To: From: Erik Aronesty Date: Mon, 1 Jan 2024 11:08:29 -0500 Message-ID: To: Brad Morrison Content-Type: multipart/alternative; boundary="00000000000078e51a060de498df" X-Mailman-Approved-At: Tue, 02 Jan 2024 12:08:20 +0000 Cc: Bitcoin Protocol Discussion Subject: Re: [bitcoin-dev] Ordinal Inscription Size Limits X-BeenThere: bitcoin-dev@lists.linuxfoundation.org X-Mailman-Version: 2.1.15 Precedence: list List-Id: Bitcoin Protocol Discussion List-Unsubscribe: , List-Archive: List-Post: List-Help: List-Subscribe: , X-List-Received-Date: Mon, 01 Jan 2024 16:08:45 -0000 --00000000000078e51a060de498df Content-Type: text/plain; charset="UTF-8" > > . > > In the USA, where I am, large businesses like UBER, Lyft, and many major > telecom, cable, & electric utilities process huge volumes of regular and > irregular credit card payments on a monthly basis. Almost none oft hose > transactions are completed in bitcoin. > Unfortunately block size is not the limiting factor Main chain transactions have to be broadcast and stored on every node in the network which, as you know, cannot scale to the level of Uber payments Lighting and possibly ark are solutions to this problem Both require covenant tech of some kind to scale properly (nonrecursive is fine) Covenant tech (any will do, arguing about which is bike shedding at this point) allows people to share utxos and yet still maintain sovereignty over their assets > --00000000000078e51a060de498df Content-Type: text/html; charset="UTF-8" Content-Transfer-Encoding: quoted-printable

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In the USA, where I am, large businesses like UBER, Lyft, and many major= telecom, cable, & electric utilities process huge volumes of regular a= nd irregular credit card payments on a monthly basis. Almost none oft hose = transactions are completed in bitcoin.



Unf= ortunately block size is not the limiting factor
Main chain transactions have to be broadcast and s= tored on every node in the network which, as you know, cannot scale to the = level of Uber payments

L= ighting and possibly ark are solutions to this problem

Both require covenant tech of some kind to s= cale properly (nonrecursive is fine)

Covenant tech (any will do, arguing about which is bike sheddi= ng at this point) allows people to share utxos and yet still maintain sover= eignty over their assets





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