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30 sats \ 3 replies \ @standardcrypto 6 Sep \ parent \ on: Nicolas Dorier (BTC Payserver): increasing OP_RETURN limit will help our users bitcoin
iiuc you're saying is this:
utxo bloat is inevitable, since nothing forces people to spend their utxos, whether they are spendable or not.
the witness discount just redistributed the bloat to aegwit utxos.
I guess that's why I support bigger op returns. At least they can be pruned.
Right, but the original intent of the witness discount was to incentivize utxo consolidation.
Before the discount, a tx with 1 input and 2 outputs was cheaper than a tx with 2 inputs and 1 output (because 2 inputs require 2 signatures). The discount was an attempt to equalize the costs and reduce utxo bloat.
It's wild to me that it had the complete opposite effect.
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i wonder if they were aware of the possibility that people would use the witness discount to store arbitrary data, or if they were caught by surprise
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I'd wager they were caught by surprise.
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