1. Increase BlockSize
2. Increase Blockspeed
3. Increase the compression of the data within the block (will increase CPU overhead for Nodes.)
None of these would increase the scalability at all.
Increasing the blocksize or decreasing the block interval leads to a lot additional problems, which are way more severe than the scalability problem .
This would be a (very) bad trade off between TPS and decentralization.
Besides that, increasing the blocksize is just postponing the problem. This can not be considered scaling. Linearly postponing a problem is
not scaling.
A combination between on-chain and off-chain scaling is necessary. But your 3 points are all extremely bad. None of them would help BTC at all.
BTC devs have claimed onchain scaling is impossible, which is a lie.
They never did.
They scale on-chain with segwit, schnorr, etc..
They are promoting an offchain system , that is nothing more than banking 2.0 for crypto.
They do not promote anything .
Bitcoin is an open system. Everyone chooses for him or herself what to use and which way to go.
There is no central authority behind bitcoin.
Don't spread bullshit.
Which a 8 mb blocksize or moving to a 2½ minute block would have solved for years to come.
No.
We would have created way more problems, leading to centralization without even fixing the problem, just postponing it.
The smart thing would have been to do one of the above,
Actually it would be the dumbest thing to do.
As technology improves , the ways to increase onchain scaling improves and can be done incrementally to match demand,
but like I said, their was nothing smart about the segwit upgrade ,
just a completion of a payoff to blockstream to fuck over bitcoin for the foreseeable future.
Are you for real ?
Please stop spreading your worthless opinion.
No one cares what trolls like you who doesn't have a clue at all have to say.