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103 sats \ 7 replies \ @0xbitcoiner 13h \ on: Gold was used for persistent data storage too bitcoin
Gold can be melted down and reused. Persistent data? Not so much!
Well, I don't really understand the inscriptions/runes/ordinals protocols, because I don't give a crap about NFTs. But can you not re-use their UTXOs for regular transactions?
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Same here! Just guessing, but I think so. Still, I guess you can’t really ‘melt’ OP_RETURN data. Data written in gold is only persistent… until someone melts it down.
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Since full blocks are full blocks (put that aside from the UTXO set increase)...
If full blocks are full of 'data' with fewer and higher-fee transactions...
Or with less data ut more smaller transactions that add up to a similar total block reward...
They're both the same from a node's perspective right?
Full blocks of monetary usage take storage. Full blocks of 'data' also take storage. So... what's the difference from the node's perspective?
It's all data storage. I say let the "most valuable" blockspace economics win...
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From what little I know, I can only see one downside, and that's the faster growth rate of the blockchain. I've said it before, Bitcoin's for whoever wants to use it, spammers and all!
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I doubt that you know "a little" but thanks :)
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good point
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