"If demand for blockspace increases, the protocol is supposed to allow sats to compete for that finite memory. Higher fees are not a bug, they are the market revealing the demand of irreversible memory and the value of the satoshi with respect to 1 current block of time at difficulty D. When we instead manipulate the size of that finite memory surface to suppress fees, we don’t eliminate the cost of demand, we redistribute it throughout the system to the nodes (a tax on the network)."
Jackk (nprofile…l5we) GrassFedBitcoin (nprofile…fkft) laughpad (nprofile…9fdk) rev.hodl (nprofile…u9nm) brightmindsco (nprofile…v965) Jackthemimic (nprofile…0gnq) hylomorphic (nprofile…uh5m)
Artel21 / Artel 21
npub1c9…4wghc
2026-07-11 09:19:55 UTC
Author Public Key
npub1c9gyxxxf2l2g26ga0menv2lueh870w744s729u0cp3pm5y3fkv3sw4wghcPublished at
2026-07-11 09:19:55 UTCEvent JSON
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"content": "\"If demand for blockspace increases, the protocol is supposed to allow sats to compete for that finite memory. Higher fees are not a bug, they are the market revealing the demand of irreversible memory and the value of the satoshi with respect to 1 current block of time at difficulty D. When we instead manipulate the size of that finite memory surface to suppress fees, we don’t eliminate the cost of demand, we redistribute it throughout the system to the nodes (a tax on the network).\"\n\nnostr:nprofile1qyt8wumn8ghj7cnfw33k76twv4ezuum0vd5kzmqpy4mhxue69uhkx6rfd3k8xarj9ehx7um5wgcjucm0d5hhsetwdahz6envd9h8gqpq8384z4sjgdfy7vr76thzwtru7jncysz0hcapwesxqsak44p8aemsj6l5we nostr:nprofile1qy88wumn8ghj7mn0wvhxcmmv9uq3uamnwvaz7tmwdaehgu3dwp6kytnhv4kxcmmjv3jhytnwv46z7qpqwnlu28xrq9gv77dkevck6ws4euej4v568rlvn66gf2c428tdrptqcjfkft nostr:nprofile1qy88wumn8ghj7mn0wvhxcmmv9uq36amnwvaz7tmwdaehgu3wvf5hgcm0d9hx2u3wwdhkx6tpdshsqg9l4t5t5dl2cweulkzak453wk07yzcd6a3xv0dznp9c6uakxf6lwc669fdk nostr:nprofile1q9phwue69uhkkdnywp3kjmm80q6xvctzde5hq6m4xemkccm9x3ex5a3nvenx56rkxenkxatwv33hsancdcm8qmm9wyexscmwxd5kgtn0de5k7mspp4mhxue69uhkummn9ekx7mqqypxsy08fmlt45leswkuw3cyyqz97z7slw5xx8dw7wg0xa7yr4hrk2gdu9nm nostr:nprofile1qyj8wumn8ghj7urjd9kh2uewdehhxarjxyhxxmmd9ajkx6r0946ku6txdaex6qf8waehxw309ac8ymmxd9kx2uewdehhxarjxyhxxmmd9a482mrfv46z67t0dejx2usqyp254dh76e6eshttnxme44ahsnlcef99kqnh3qfwr95wacxxe0p8uecv965 nostr:nprofile1qy38wue69uhkummnw3ex5cfdddshy6fddp68gupwdpjkwatjduhxxmmd9uq3vamnwvaz7tmpvanhytnwdaehgu3wd3skuep0qqsd68ua2qk8j5wlgl503mfyt69l5f8haqkz3uvnnx50pe6tqcgn5ggfj0gnq nostr:nprofile1qyv8wumn8ghj7urjv4kkjatd9ec8y6tdv9kzumn9wsqzqw9pe5d7jzu63xxjg9wuzqwlppc0zkmjag3umv9dl2h6eqxs9lgf0euh5m ",
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