In this episode for Lightning Month, I talk with Nic Carter and Pierre
Rochard about the economics of The Lightning Network. We discuss the fee
market, the future of the block subsidy and whether base chain fees will
lead to a two-tier Bitcoin.
Totally unqualified to answer but thats never stopped me before. Increasing the block size requires a hard fork which is deemed far too risky. The majority have decided that soft fork is required for scaling solutions. Soft forks allow much better backwards compatibility for people running older versions of BTC software. Segwit with lightning which the majority of wallets now support offers more 2.5 x transactions on main chain and virtually limitless on lightning but has different type of restrictions. Personally i think lightning is awesome and solves almost all the scaling issues with BTC.