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6 sats \ 0 replies \ @eduardopro 29 Oct \ on: Bitcoin Knots Has Been Nothing More Than A Denial-of-Service Attack On Bitcoin bitcoin
Shibobi's position before Bitcoin Magazine employed him:
That woman can't stop shooting herself in the foot.
Of course Ethereum people are giving it away, ETH is a shitcoin with infinite emission ahead. The Ethereum Foundation spends millions on marketing because they don't want people to know this.
Bitcoin is valuable and scarce.
Trying to extort Bitcoiners into funding her tabloid and hit pieces is not going to work well for her.
This will backfire tremendously.
I want to shake your hand one day, Scoresby.
This is how civilized people talk and exchange ideas.
Cheers!
I don't have a way to do that, and everybody should run the software their conscience tells them.
However, I can point out the outrageous lies in Bitcoin Core's marketing strategy.
They actually told people they were removing the OP_RETURN limits to protect small miners. Hahahahahhahahaa! Can you believe it? And some people even bought it!
I guess "We want to open the gates for spam and the Ethereumization of Bitcoin" wouldn't have worked as well.
People might have asked why they are willing to risk everything Bitcoin Core represented for a clearly controversial change.
Hahahahhahahhahahhahhahhahahhaha!
You and anyone can run whatever implementation you choose.
I don't think it's a bullshit fight and I'm not nearly done. I think the real fight began when Core released their V30 malware, to be honest.
You can sit this one out, though. You've done enough.
Cheers.
Yes, you're right. The blockchain is technically a database. I made a mistake in my first statement.
However, if you add pictures, videos, and complex transactions to that economic data, it becomes a general purpose database. And all that unnecessary complexity weighs down the system and works against the monetary nature of the network.
I hope the message is clear now.
Yeah, because of Core's default settings, almost all OP_RETURN transactions are smaller than 80B.
That's a filter, it has been there for years, and it clearly works.
They had to get rid of it for "metaprotocols" like this Electron bullshit to work.
And Core did it, at great cost to them, both reputation-wise and adoption-wise.
They tried to spin it like they were saving small miners or some bullshit, but this was the endgame all along. Pretty dark stuff if you ask me.
It's a multilayered problem, but Capital Gain Taxes have a lot to do with it.
And there's a global crisis, people are just spending less.
Also, this happened:
"People all over the world were using the main chain for all kinds of transactions and the mempools were moving along.
The spam attack caused the fees to rise to ridiculous levels for months.
People who use Bitcoin as money have lives to live, they can't wait for the Ordinals crowd to stop scamming each other. They were forced to find alternative ways to move value.
Once the spammers ran out of money and the fees went down, people had already found other ways and never looked back.
It's not easy to see, but check the stats. The mempool's activity never recovered after the spam attack.
And as a bonus, check the tweets from the time, spammers announced the attack. And then, they were gloating and making fun of normal people who couldn't afford the ridiculous fees."
The mempool is empty because of the spam attack.
People who use Bitcoin as money on a daily basis don't live in the US.
Check the stats against this explanation:
"People all over the world were using the main chain for all kinds of transactions and the mempools were moving along.
The spam attack caused the fees to rise to ridiculous levels for months.
People who use Bitcoin as money have lives to live, they can't wait for the Ordinals crowd to stop scamming each other. They were forced to find alternative ways to move value.
Once the spammers ran out of money and the fees went down, people had already found other ways and never looked back.
It's not easy to see, but check the stats. The mempool's activity never recovered after the spam attack.
And as a bonus, check the tweets from the time, spammers announced the attack. And then, they were gloating and making fun of normal people who couldn't afford the ridiculous fees."
People all over the world were using the main chain for all kinds of transactions and the mempools were moving along.
The spam attack caused the fees to rise to ridiculous levels for months.
People who use Bitcoin as money have lives to live, they can't wait for the Ordinals crowd to stop scamming each other. They were forced to find alternative ways to move value.
Once the spammers ran out of money and the fees went down, people had already found other ways and never looked back.
It's not easy to see, but check the stats. The mempool's activity never recovered after the spam attack.
And as a bonus, check the tweets from the time, spammers announced the attack. And then, they were gloating and making fun of normal people who couldn't afford the ridiculous fees.
Calm down.
I should've said a general storage database, sure.
The message was not that hard to understand, though.
It's not a small amount of spam, and it has not disappeared. It will be on the blockchain forever.
Bitcoin is censorship-resistant money, not a censorship-resistant database. And it can't be both.
Research why the spam attack suddenly became possible after February 2023 and come to your own conclusions. You will soon see that the mempool is empty because of the spam attack.