I'm so tired of their hostile attitude to BCH. They dragged their feet for ages after the fork before adding support for BCH, and acted like it was some unfair burden placed upon them. These guys are closet maximalists of the worst kind. I'm so over this evidence free argument that "scaling won't work". It's like it's just taken as an article of faith.
Reason 1 isn't even coherent, reason 2 is "lightning network" and reason 3 is just how cryptocurrencies work.
Fortunately, if you found those three poorly thought out statements unconvincing, they follow up with the super persuasive argument that it would be "naive and reckless" to take any other approach.
From their blog post on Taproot:
Like it or not, one of the governing rules of the Bitcoin network is that block size is limited. This means that only around 3000 transactions can usually fit into a block, resulting in an effective transaction throughput of around five transactions per second. Objectively, this may seem rather low*, but there are many reasons why it is a pretty good trade-off over centralized alternatives:*
- Transactions are settled within that time, unlike a debit card transaction which needs to be approved by a third party,
- Improvements such as the lightning network can compress thousands of transactions into one on-chain transaction.
- Those transactions can not be cancelled, reversed or intercepted by anyone.
Increasing the block size, as some Bitcoin critics have proposed, is a naïve and reckless way to increase throughput.
In conclusion, Fuck Trezor.
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source https://www.reddit.com/r/btc/comments/n79ywr/why_im_never_going_to_buy_a_trezor_again/
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