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0 sats \ 0 replies \ @eduardopro OP 18h \ parent \ on: ANOTHER example of the REAL reason for removing the OP_RETURN 80-byte limit bitcoin
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.
What do you people think about businesses that send spam emails to get customers?
Well, people who do something analog to that in the Bitcoin blockchain are millions of times worse, because email is not humanity's last hope. Bitcoin is.
The miners have to adapt to the node runners' rules, not the other way around.
They are the ones risking it all to relay SPAM. And if the whole network is against that, they will be the ones losing big, as they should.
This is Jason Hughes' response to Nifty and the whole Core camp's weak, weak arguments -- ---> https://x.com/wk057/status/1968324685952692369
A quote:
"Instead, the P2P network of node runners should set sane policies, and miners who act against the collective will of the decentralized P2P network SHOULD be penalized for mining blocks that don't fit with the majority of nodes in the form of slower block propagation and higher stale rates.
If you're a sane miner, you go with the overall will of the network itself (node runners) and get some benefit from the associated speedup. If you go against what the majority of the network is willing to relay and still want to spam the network, then you get penalized in the form of losing blocks to slow propagation."
This is what's going to happen when the OP_RETURN limits are lifted:
Spammers and scammers will use and abuse the unlimited OP_RETURN space, AND they will keep using all their more harmful techniques.
Why wouldn't they? Core's changes basically legitimize their SPAM, giving them carte blanche to keep abusing the Bitcoin network.
This will be orders of magnitude more harmful to decentralization than what Nifty described. The damage already done is orders of magnitude more harmful, just look at this -- ---> https://wtfhappenedinfeb2023.com/stats-about-spam
Anyway,
Bitcoin is money.
Spam is spam.