La escalabilidad, se impone. por Craig S. Wright

La escalabilidad, se impone.

(«Un millón de transacciones, Bitcoin escalará,»)

18 Twits de CSW, del 11 de Julio 2023

(orden cronológico)

Quizás estés de acuerdo conmigo, que entre Twitter y Craig, no hay manera de aclararse, si quieres seguir un hilo de pensamiento cronológico, por eso he hecho este resumen, por si estas interesado en leer lo que ha twitteado Craig esta tarde, con twits bastante extensos y dedicados principalmente a la escalabilidad ONCHAIN en Bitcoin. (y darle cera a los detractores de Bitcoin)

Suelo seguir las comunicaciones de Craig, por cualquier medio de comunicación publico, desde 2018, pero lo que ha hecho hoy en Twitter, no tiene parangón,  ya son muchos años estudiándole, por lo que sé , que algo importante quiere comunicar, aunque no será fácil comprenderlo, demasiada poesía para ser ignorada!!!!

Si vieras que hay algún twit de Craig  ( de entre las 7:09 PM y las 9:49 PM), que no está incluido en este resumen, cosa que podría pasar, entre tanto caos, por favor te ruego me lo notifiques, para incluirlo, gracias

 

 

1/18
In the vast realm where binary stars reside,
A single quest, in our hearts confide.
To scale the beast that’s bound by chains,
In world of blocks, where Bitcoin reigns.

Giant blocks, like mountains tall,
Contain the whispers, big and small.
Transactions etched on digital slate,
A million per second, we contemplate.

Yet in their wake, a puzzle lies,
How to scale ‘neath digital skies.
The chains grow heavy, unwieldy, strained,
A solution needed, or growth is chained.

With every tick of the cosmic clock,
The beast must grow, to the next block.
Yet, in this growth, a fear resides,
A larger beast, harder strides.

But in the moonlight, a path reveals,
A solution that scalability seals.
A dance of data, both swift and keen,
Across the ether, unseen.

A multitude of paths, each one cast,
In IPv6’s vast broadcast.
Multicasting the tale of each transaction,
Scalability achieved, in silent satisfaction.

Through shards of data, we find our way,
To a dawn where larger blocks can stay.
No longer chained, the beast takes flight,
Scaling new heights, in the moonlit night.

The chains that bind become the wings,
That free the beast and what scaling brings.
One million transactions, now within sight,
Achieved in the stillness of the blockchain night.

CSW
7:09 PM · Jul 11, 2023
https://twitter.com/Dr_CSWright/status/1678813782943092736?s=20

 

2/18
Upon the chain, transactions bloom and grow,
But limits of the block, the rate does slow.
A million in a second, we aspire,
In global financial systems, we inspire.

Yet security and cost, they stand our way,
As decentralization tends to sway.
A quest we seek, a path yet uncharted,
To shatter ceilings, a course yet started.

In models, simulations, truth we find,
To greater scales, our blockchain bind.
Across the network, transactions glide,
In each new block, they safely reside.

With cost so low, in light’s swift speed,
To scale the chain is our agreed creed.

CSW
8:13 PM · Jul 11, 2023
https://twitter.com/Dr_CSWright/status/1678829887099125760?s=20

 

3/18
Upon the block, transactions make their way,
Each chain as ledger, scaling in its might.
Yet as their numbers grow, there comes a day,
When systems falter ‘neath increasing weight.

But lo, a model theoretical, grand,
Could make these chains a million stronger still,
Through multicast and key-value at hand,
With databases vast, our hope to instill.

Yet lest we forget, in scaling’s eager race,
The core values of blockchain must hold sway,
Security, and decentralization’s grace,
In every transaction, come what may.

So sing we now of blockchain’s scaling quest,
To make it faster, stronger, and the best.

CSW
8:14 PM · Jul 11, 2023
https://twitter.com/Dr_CSWright/status/1678830231027843072?s=20

4/18
Block’s weight bears the tales,
Echoes in digital halls.
In numbers, truth sails,
A million transactions call.
Scalability, prevails.

CSW
8:16 PM · Jul 11, 2023
https://twitter.com/Dr_CSWright/status/1678830701712404487?s=20

 

5/18
Under azure sky, data flows,
Blossoms like cherry in spring’s throes,
Scale seeks the horizon’s edge.

Each node whispers, secrets shared,
Millions of transactions cared,
Silent ripples of a pledge.

Thunderbolt quick, the block-chain streams,
In the ether, dreamer’s dreams,
Mirrored shards of unity.

Boundless potential takes its flight,
Through day’s brilliance, dark of night,
On-chain pulses, endlessly.

Scaling like the crane’s long flight,
Even as the stars ignite,
Blockchain’s song in harmony.

CSW
8:19 PM · Jul 11, 2023
https://twitter.com/Dr_CSWright/status/1678831464379723776?s=20

6/18
In the vast realm where binary stars reside,
A single quest, in our hearts confide.
To scale the beast that’s bound by chains,
In world of blocks, where Bitcoin reigns.

Giant blocks, like mountains tall,
Contain the whispers, big and small.
Transactions etched on digital slate,
A million per second, we contemplate.

Yet in their wake, a puzzle lies,
How to scale ‘neath digital skies.
The chains grow heavy, unwieldy, strained,
A solution needed, or growth is chained.

With every tick of the cosmic clock,
The beast must grow, to the next block.
Yet, in this growth, a fear resides,
A larger beast, harder strides.

But in the moonlight, a path reveals,
A solution that scalability seals.
A dance of data, both swift and keen,
Across the ether, unseen.

A multitude of paths, each one cast,
In IPv6’s vast broadcast.
Multicasting the tale of each transaction,
Scalability achieved, in silent satisfaction.

Through shards of data, we find our way,
To a dawn where larger blocks can stay.
No longer chained, the beast takes flight,
Scaling new heights, in the moonlit night.

The chains that bind become the wings,
That free the beast and what scaling brings.
One million transactions, now within sight,
Achieved in the stillness of the blockchain night.

CSW
8:22 PM · Jul 11, 2023
https://twitter.com/Dr_CSWright/status/1678832035660722176?s=20

7/18
Once upon a midnight dreary, while I pondered, weak and weary,
Over many a quaint and curious volume of blockchain lore,
While I nodded, nearly napping, suddenly there came a tapping,
As of some gentle hand, softly rapping, rapping at my server’s door.
«‘Tis some visitor,» I muttered, «tapping at my server’s door—
Only this and nothing more.»

Ah, distinctly I remember, it was in the bleak December,
And each separate dying ember shed its ghost upon the floor.
Eagerly I wished the morrow, vainly I had sought to borrow,
From my books, surcease of sorrow, sorrow for the lost Scalor.
For the rare and radiant maiden whom the angels named Scalor,
A solution for scalability, forevermore.

And the silken sad uncertain rustling of each transaction,
Thrilled me—filled me with fantastic terrors never felt before;
So that now, to still the beating of my heart, I stood repeating,
«‘Tis some visitor entreating entrance at my server’s door,
Some late visitor entreating entrance at my server’s door.
This it is, and nothing more.»

Deep into the blockchain peering, long I stood there, wondering, fearing,
Doubting, dreaming dreams no mortal ever dared to dream before;
But the silence was unbroken, and the stillness gave no token,
And the only words there spoken were the whispered words, «Scale-more!»
This I whispered, and an echo murmured back the words, «Scale-more!»
Merely this and nothing more.

Thus I sat engaged in guessing, but no syllable expressing,
On the problem of on-chain scaling that lay sprawling on the floor;
This and more I sat divining, with my head at ease reclining,
On the cushion’s velvet lining with the lamplight gloating o’er,
She shall press, ah, nevermore!

Scalability in blockchain, thus my heart engaged in chaining,
Hundred thousand transactions processed, yet the demand asked for more.
Infinite the problems seemed, as the nodes with data streamed,
Yet I knew that I had dreamed, of a world with open door,
With the key to blockchain’s potential, at its very core.
Just this mystery explore.

And so I sat, the challenge daunting, in the night’s cold whisper taunting,
For a solution that would answer, the scalability, oh so poor.
Then I knew, as dawn was nearing, an idea, so endearing,
With the code, I would be steering, steering to the unexplored shore,
To solve the issue of scalability forevermore,
Thus I rose, to code, once more.

And my soul from out that shadow that lies floating on the floor,
Shall be lifted—Evermore!

CSW
8:28 PM · Jul 11, 2023
https://twitter.com/Dr_CSWright/status/1678833774279405574?s=20

8/18
When first blockchain’s fire did take its birth,
From code’s deep womb sprung forth upon this earth,
A system, flawless, free of central hand,
A ledger spread wide o’er sea and land.

Yet progress met, in time, its cruel bounds,
In block and chain a harsh limit sounds,
Each second’s pulse but few transactions bears,
Midst global clamour, despair and stares.

Oh, the dream of scalability, with bated breath,
To thwart the specter of digital death.
A million actions in one tick of the sun,
Is this a battle that can be won?

Not off-chain tricks nor sharded divide,
Can soothe the ache of delay’s vast tide,
The solution lies within, so let us seek,
A path to make the mighty blockchain meek.

Not in forsaking security’s precious song,
Or decentralization, for which we long,
But a chain reimagined, cost stripped bare,
Scaling heights, transactions light as air.

Reshaping blocks, a grand design,
In every node, a chance to shine,
Scaling the peak, no small feat,
The drummer’s beat does not retreat.

Shall it not be told in hallowed story,
Of code and science in all their glory,
Who took up the gauntlet, embraced the trial,
And made the blockchain reconcile.

To run like rivers, swift and free,
In lands of data’s vast, unending sea,
Through work, through will, through ceaseless toil,
We claim the victory of our loyal coil.

From dawn to dusk, and dusk to dawn,
The challenge met, a new age drawn,
In this grand vision, hope we invest,
To see blockchain technology at its very best.

CSW
8:31 PM · Jul 11, 2023
https://twitter.com/Dr_CSWright/status/1678834505392742400?s=20

9/18
In realms where data twirls and twists, ‘neath the sky’s digital mist,
A tale unfolds of chained blocks, their scale encased in paradox.

Shall Blockchain’s reach forever be confined, a victim of its own design?
And thus, we dream of might and main, of a million transactions on a single chain.

Hearken to the network’s chime, where each node marks its own time,
Unified, they hold the key, to a future we yearn to see.

Yet, every chain has links that bind, and size shall put them in a bind,
For with each block, more weight is bore, and slower the information’s lore.

A chorus rises, a solution sought, in increased blocks some find their thought,
Yet a specter looms in the shadowed vale, a dread of central power’s scale.

Dare we risk the ties that bind? The answer lies in the enlightened mind.
In the dance of code and cunning thought, a new design will be wrought.

No longer shackled by fear’s refrain, in search of a less-traveled lane,
Look to the logic’s graceful flight, to bring forth Blockchain’s boundless might.

Sharded databases, multicast calls, in tech’s rich arsenal,
We weave the fabric of a new frontier, our course by innovation steered.

Dread not the links that forge the chain, for every link will bear the strain,
To scale the heights, we cast our lot, in the power of the thought begot.

So, through the clouded glass, we peer, at a dawn of a new era, we hold dear,
On a tide of transactions, fast and free, a world awakened we shall see.

CSW
8:33 PM · Jul 11, 2023
https://twitter.com/Dr_CSWright/status/1678834874197897218?s=20

 

10/18
When the blocks grow large in the network’s chain,
And transactions pile up in disdain,
Remember then, the code’s refrain,
Scale, my friend, to ease the strain.

You may think small and keep it so,
Hoping speed will ever grow,
But mark this truth that coders know,
Larger blocks, a smoother flow.

Let not the shouts of fearful few,
Swerve you from the path that’s true,
Take heart and let your mind construe,
In scale, potential vast accrues.

Oh, see the nodes as they communicate,
With Merkle Trees, they validate,
And in their dance so intricate,
A system large they’ll orchestrate.

Beware the words of those who fear,
The chains that size cannot adhere,
Their theories, sharp as they appear,
Oft cloud the path that’s clear.

Remember, ‘midst the fret and fuss,
That Bitcoin was designed thus,
To grow, adapt with each of us,
In its strength, we place our trust.

Shout out, «More blocks!» Let them hear,
Test the limits, far and near,
For in that chorus, loud and clear,
Lies the sound of progress, dear.

So, onward, coders, brave and bold,
In lines of logic, dreams you’ve molded,
Through each block, large and multi-folded,
A world’s transactions are upholded.

So when the blocks grow large and bright,
Fear not the shadows of the night,
Trust in code, and in its might,
For in scaling, lies our light.

CSW
8:35 PM · Jul 11, 2023
https://twitter.com/Dr_CSWright/status/1678835542413410304?s=20

11/18
Methodology class…. Here in Az… Where I have already completed the days work,,, and it is not yet lunch… Soooooo…

In chains of data, on paths unseen,
Amidst the nodes in network, spread so keen,
Lies a challenge, veiled in bright screen’s light,
Scaling transactions, a formidable fight.

In the echo of time, each tick and tock,
Million per second, as solid as rock,
A hope whispered in the silent hertz,
In every code, in every expert’s words.

Heed the tale of Orwell’s wise ink,
In the grand design, let no node shrink,
For each part of the whole must stand,
United, we scale this digital land.

Raise the blocks, let them grow in size,
Yet, let not central power rise,
For in the pulse of every single bit,
Lies the spirit of Orwell’s lit.

Keep the cost low, let transactions fly,
Under the vast, cloudless digital sky,
In every micro-payment, in every data byte,
In every user’s will, let’s ignite the light.

For in this dance of bits and blocks,
In this ceaseless ticking of digital clocks,
We scale, we grow, we rise above,
Guided by Kipling‘s words, Orwell’s dove.

Remember, in each success, in each setback’s toll,
Each node, each block, plays a vital role,
For in this vast, interconnected digital swarm,
Resides the power to transform.

This is our quest, our holy grail,
In bits, in bytes, in each detail,
To scale the blockchain’s mighty shore,
To heights unseen, forevermore.

CSW
8:40 PM · Jul 11, 2023
https://twitter.com/Dr_CSWright/status/1678836774603481088?s=20

 

12/18
In the realm where technology holds sway,
A story unfolds of core and array.
A core of constraint, a bottleneck bind,
Opposing progress, keeping the world behind.

Scaling’s the hero, bold and bright,
In the world of blockchains, the guiding light.
BTC Core stands like an ominous wall,
But the wall must crumble, it must fall.

The field of data, vast and wide,
Holds more power on the scaled side.
Through blocks and chains, the data roams,
In the endless cyberspace it finds homes.

A battle rages, in codes and keys,
Between the core and the scaling seas.
Oh, the core might clasp with a rigid grip,
But it’s a futile stand, a sinking ship.

For the truth rings clear as a crystal bell,
That only in scaling, systems excel.
Like sunlight piercing through a gloomy cloud,
The voice of scaling echoes loud.

Seek not to limit, but to expand,
For progress awaits not at our command.
In the shadow of constraint, ideas take flight,
In the battle of scales, lies our might.

Be not like the core, rigid and confined,
But be like the scale, limitless and unlined.
In this Orwellian tale, let’s make our mark,
Be the light in the tunnel, the vital spark.

CSW
8:43 PM · Jul 11, 2023
https://twitter.com/Dr_CSWright/status/1678837542735716356?s=20

 

13/18
Upon the blockchain, mighty and vast,
Lies the challenge of ages past.
Scaling, the Silmarillion, gleaming and bright,
Thrust into the darkness by Core’s spite.

Oh, once it flowed, like a river in spring,
Transactions in thousands, a wondrous thing.
But Core, in their folly, like mindless orcs,
Shackled the system, and hid the source.

From West to East, the users cried,
Under burden of fees, their hope had died.
Where once was freedom, now just chains,
Under the reign of Dorsey’s gains.

But look, afar, a light emerges,
A battle cry, on the wind it surges.
For Silmarillion, the light of old,
Is the key to unshackle Bitcoin’s gold.

Oh, fearless fighters, march to war,
Against Core’s reign, let your spirits roar.
For the fate of Bitcoin, lies in your hands,
Scaling the blockchain, in all the lands.

The path is treacherous, the climb steep,
Yet, the reward is worth the leap.
Unbind the shackles, let Bitcoin soar,
Let it echo, forever more.

Upon this epic tale of might,
A new dawn breaks, banishing night.
The battle won, the blockchain free,
Scaling is the key to liberty.

CSW
8:46 PM · Jul 11, 2023
https://twitter.com/Dr_CSWright/status/1678838188654338051?s=20

14/18
In the style of Dark and Light, a tale to be told,
Of a chain of blocks, strong, yet captive and controlled.
BTC Core with their grip, like a shroud in the night,
In the realm of Bitcoin, they smother the light.

Lo and behold, a hero arises,
In the heart of the network, the hope it reprices.
Bitcoin, the pure, the peer-to-peer knight,
In the battle of scaling, stands tall for the fight.

Chains upon chains, transactions accrue,
Yet the Core remains steadfast, to small blocks they’re glued.
With Dorsey at helm, they steer through the night,
Against Bitcoin’s true essence, they continue the fight.

Yet, a glimmer of hope, in the gloom of despair,
A solution to scaling, floats in the air.
Like the whispering wind through the leaves of the trees,
An on-chain solution, stirs in the breeze.

The blocks will grow larger, the transactions will flow,
Like a river unleashed, the Bitcoin will show,
Its true potential, its power and might,
In the heart of the darkness, Bitcoin’s the light.

Oh Dorsey, you puppet, your reign will not last,
For Bitcoin’s true power is vast and fast.
A million transactions, the hero will scale,
In the epic of Bitcoin, the truth will prevail.

In the realm of the dark, the hero shines bright,
Scaling the blocks, restoring the right.
For in the heart of Bitcoin, a lesson’s in store,
True power to people, forever more.

CSW
8:59 PM · Jul 11, 2023
https://twitter.com/Dr_CSWright/status/1678841464443510791?s=20

15/18
In the dark halls of Core, where shadows reside,
A tale unfolds, from which truth cannot hide.
Dorsey, the puppeteer, with threads spun of gold,
Manipulates Saylor, his actions controlled.

Michael Saylor, once praised, now a pawn in the game,
Under Dorsey’s command, stokes the weakening flame.
Bound by his greed, to the false prophet’s lies,
He blinds the network, with scales in his eyes.

Yet, beneath the deceit, a hero emerges,
Bitcoin, the pure, to the call, it surges.
Against the tide of darkness, against the constraining band,
For the truth of the scale, it takes a grand stand.

Chains upon chains, transactions abound,
Yet, in the grip of the Core, they are bound.
Saylor, the puppet, echoes the night,
Against Bitcoin’s true essence, he joins the fight.

But Bitcoin, the valiant, breaks through the deceit,
On-chain scaling, it continues to repeat.
Like a phoenix, from ashes, it rises above,
A symbol of freedom, of trust, and of love.

Oh, Saylor, misguided, your vision is skewed,
For Bitcoin’s true power is in multitude.
A million transactions, Bitcoin will scale,
In the epic of time, truth will prevail.

In the world of shadows, a beacon alight,
Scaling solutions, dispelling the night.
In the annals of history, a story to store,
The triumph of Bitcoin, forevermore.

CSW
9:18 PM · Jul 11, 2023
https://twitter.com/Dr_CSWright/status/1678846208885006336?s=20

16/18
You may work out where I took the «core» of this from….

In the realm of Mort d’Arthur, a tale to spin,
Of knights and trolls and battles within.
Of Saylor, the patsy, false, filled with guile,
And Lopp, the creature, with his sneering smile.

Into this realm, there came a knight,
Bitcoin, the brave, filled with light.
Chained and held, in the castle so tall,
By BTC Core, who’d made it small.

The evil Saylor, dressed in gold and green,
Used honeyed words, his motives unseen.
A puppet master, behind the throne,
The power of Bitcoin, he’d seize as his own.

The creature Lopp, slimy, cold and sly,
From shadows, watched with gleaming eye.
Whispered words of fear and dread,
Filling hearts with unease and trepidation widespread.

Then the troll Maxwell, with a roar and a grunt,
Joined the siege, at the battlefront.
With club in hand, and a thunderous yell,
Into the battle, he brutally fell.

But Bitcoin stood firm, the knight of the realm,
With truth and light, he’d overwhelm.
Against the trolls, the creatures, and the lies,
With scaling blocks, he’d rise, he’d rise!

A million transactions, Bitcoin did seek,
To break the chains, to make the powerful weak.
To bring truth to the people, to shatter the hold,
Of the puppet masters, greedy and bold.

In the epic saga of the Mort d’Arthur’s reign,
Bitcoin, the hero, breaks the chain.
Against Saylor, Lopp, and Maxwell’s troll,
Bitcoin fights back, to achieve its goal.

In the heart of darkness, a beacon, a spark,
Bitcoin, the hero, brings light to the dark.
Shattering chains, setting the realm free,
In the epic of Bitcoin, a victorious decree.

CSW
9:32 PM · Jul 11, 2023
https://twitter.com/Dr_CSWright/status/1678849879005892608

 

17/18
One last thing… then back to real work….

The Battle for Light in the Blockchain Night

Beyond the dark veil of electronic space,
Lies Bitcoin, in chains, bound by human grace.
Pure, unwavering, a beacon of truth,
But starved, stunted, robbed of its youth.

In shadows lurk Core, with insidious smile,
Twisting truth, turning virtue into guile.
Casting their nets, tightening the noose,
On-chain scaling, they cunningly reduce.

Dorsey, the puppeteer with silvered tongue,
Preaching a narrative, deceitfully sung.
Against larger blocks, he sows his dread,
Strangling Bitcoin, leaving it for dead.

In the corner, Saylor weeps, a pitiful sight,
His dreams of microstrategy turned into fright.
Betrayed by the system he once held dear,
Scaling blocked, his worst fear.

But Bitcoin, the stalwart, refuses to bow,
In the face of adversity, it makes its vow.
To scale on-chain, to reach new heights,
In the battlefield of ones and zeroes, it fights.

Against Core’s constraint and Dorsey’s reign,
Against Saylor’s despair and the community’s pain,
It rises, a phoenix, from the ashes of strife,
In the battle for truth, it stakes its life.

The dawn breaks, a new day is near,
The dark clouds of limitation start to clear.
Bitcoin, unleashed, scales the heights,
A lighthouse amidst blockchain nights.

The chains of constraint, one by one, shatter,
Silencing Core’s discouraging chatter.
Unfettered, Bitcoin roars in might,
Triumphant in the battle for light.
…

In the land of bytes and bits,
Bitcoin’s scaling had the fits.
Core and Dorsey blocked its way,
Saylor could but only pray.

Bitcoin chained, could not soar,
With block size capped by sneaky Core.
Dorsey preached a twisted tale,
As Bitcoin’s growth began to fail.

Saylor, sad, could only moan,
As Bitcoin’s strength was overthrown.
Yet, Bitcoin’s heart was still ablaze,
Dreaming of on-chain scaling days.

Then, Bitcoin broke its feeble leash,
Its scalability began to unleash.
In the world of crypto-tales,
Bitcoin’s light finally prevails!

CSW
9:43 PM · Jul 11, 2023
https://twitter.com/Dr_CSWright/status/1678852604670124032?s=20

 

18/18 (The end)
In the dim light of Blockchain’s dawn, Bitcoin stood pure, its spirit unflawed.
A whispering promise of freedom anew, of transactions swift and sovereign too.
In the shadow, though, lurked the hands of constraint, Core and Dorsey, sowing disdain.
Their vision short, their motives stained, the glory of Bitcoin they sought to restrain.

Core, the tyrant, with greed in his eyes, sought Bitcoin’s potential to immobilize.
Chained in the clutches of constraints and fears, he starved the system of its fertile years.
Dorsey, the marionette, danced in the dark, his tune all too often missing the mark.
Together they schemed, a sinister plot, Bitcoin’s vast promise they wished to blot.

In the midst of this struggle, between dark and light, stood two figures, ready to fight.
Stefan and Calvin, guardians bold, to Bitcoin’s original promise they hold.
With hearts fueled by purpose and minds keen and bright, they rallied for Bitcoin, it was their righteous fight.

Saylor, the pitiful, caged in his tower, wielded a power that began to sour.
Blinded by self, his actions vile, he stood against Bitcoin, on trial.
His power, however, was but a façade, in the grand game of scales, he was a mere mod.

The beacon of hope, amidst this strife, was
@nChainGlobal
,the harbinger of a new life.
They toiled and worked, day and night, to break Bitcoin’s chains, restore its might.
Scaling solutions they envisioned, to bring forth the light, their goal resolute, within their sight.

Their quest goes on, against the odds, against the giants, against the frauds.
In this battle for scale, in this struggle for light, they press ahead, with all their might.
For they know, when Bitcoin scales the peak, it’s the dawn of freedom, for the meek.

CSW
9:49 PM · Jul 11, 2023
https://twitter.com/Dr_CSWright/status

 

 

Title: The Chronicles of the Chain: The Quest for Scalability

In the beginning, there was Bitcoin, the first of its kind, birthed by the mysterious Nakamoto. It emerged as the beacon of hope in a realm dominated by centralized powers, a realm yearning for trust, transparency, and decentralization. However, as the new technology thrived, it became apparent that it had a challenge – scalability, a dark cloud looming over its bright future. Just as the Silmarillion, the source of light and creation in Middle-earth, scalability became the coveted treasure, the source of hope for Bitcoin.

 

From the bustling boroughs of Silicon Valley to the endless corridors of Wall Street, news of Bitcoin echoed. It was a newfound hope, a solution to the long-standing plight of centralized financial systems. But as its popularity grew, so did the number of transactions. The transaction limit, a relic from Bitcoin’s nascent days, began to pose a threat. The Bitcoin network, initially conceived to liberate the denizens of the financial realm, now faced an internal conflict. Bitcoin Core, akin to the Orcs of Mordor, sought to keep the system constrained.

 

In the shadowy depths of the digital realm, Bitcoin Core, led by the indomitable Dorsey, fashioned as Sauron, pledged their allegiance to small blocks. Advocating for second-layer solutions and turning a blind eye to the potential of on-chain scaling, they stood firm on their conviction, even as the network groaned under the weight of an increasing number of transactions.

 

In this complex melee, a fellowship, reminiscent of the brave alliance in Middle-earth, began to assemble. Composed of miners, developers, and enthusiasts, their goal was singular – unshackle the Bitcoin network and unlock its true potential. They knew that the network’s liberation lay in the essence of the Silmarillion itself – scalability. They aspired to bring about the dawn of a new era where Bitcoin could process over a million transactions per second, a feat that would rekindle the vision of its creator.

 

Their journey is fraught with challenges. Like the Fellowship of the Ring, they must navigate the treacherous landscapes of technological constraints, political infighting, and resistance to change. Yet, the quest continues, driven by the dream of a truly scalable Bitcoin network that could democratize finance once and for all.

 

Will the fellowship succeed? Will Bitcoin reach its destined potential? The tale is yet to unfold. One thing remains certain – the beacon of hope still shines bright, and the spirit of decentralization stands unbroken, guiding the fellowship in their quest for the coveted Silmarillion – scalability. As the saga of Bitcoin unfurls, the echoes of Nakamoto’s vision ring across the realm, «a peer-to-peer electronic cash system,» reminding all of the true essence of the journey.

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