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>>Considering he thought Bitcoin block space was too scarce, and now not scarce enough, He never said that. He said there isn't enough fee revenue. Fee revenue
by ETH_start 4y ago
>>Considering he thought Bitcoin block space was too scarce, and now not scarce enough,
He never said that. He said there isn't enough fee revenue. Fee revenue can increase as blockchain space becomes less scarce, and more bytes are sold to transaction generators.
>>that depends on something like Bitcoin’s UASF and thus on people running their own nodes, I wouldn’t trust his predictions much
An Ethereum based UASF by no means requires every one running their own nodes. It just requires people recognizing - via either an upgrade to their own node, or choosing a third party node that has upgraded to pull data from - the chain that slashes the coins of those who are executing 51% attacks.