TFTC: A Bitcoin Podcast #585: Has Bitcoin Successfully Scaled? with Lisa Neigut
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Feb 14, 2025 In this enlightening discussion, Lisa Neigut, a Bitcoin and Lightning Network expert, dives into the complexities of Bitcoin scaling and innovation. They tackle issues like mempool clearing, the evolution of the Lightning Network, and innovative coding tools for young developers. Lisa shares insights on upcoming events, including hackathons aimed at improving Bitcoin applications, while stressing the importance of patience and the community's role in shaping Bitcoin’s future. Her dynamic perspective connects the dots between technology and real-world applications.
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Shifting Focus in Bitcoin Development
- The Bitcoin community's focus has shifted from script to mempools and mining pools.
- This is due to new developments in Bitcoin Core, such as ephemeral anchors and cluster mempool.
Inefficient Block Space Usage
- Current Bitcoin Core nodes don't group related transactions together when deciding block inclusion.
- This can lead to inefficient block space usage, especially with large transactions like CoinJoins.
Bitcoin's Perceived Failure
- If one believes Bitcoin has failed, they should sell their Bitcoin.
- They should invest in alternative assets they find valuable, such as real estate.