Bitcoin Q&A: Scaling, Privacy, and Protocol Ossification

Can Bitcoin nodes now handle a block size increase? Moore's Law slowing down. What are the main bottlenecks in decentralized open blockchains? Network bandwidth and latency. Bootstrapping new nodes with Initial blockchain downloads (IBDs). What did the last scaling debate demonstrate? What can we include before protocol ossification? Privacy and anonymity should be improved in the first layer; scaling in secondary layers. People have an irrational fear of anonymous money even though we have used cash for much longer than surveilled monetary systems.