This is how ordinals work... And most-evil are inscriptions which abuse Taproot operations and addresses to encode (inscribe) data into MANY UTXOs.
You are referring to BRC-20s... they caused most of the increase in the UTXO set. They were designed to "pump" and the "pumpers" gamed them in such a way that the more outputs in a transaction, the "more tokens" you had.
So what did the degens do? Make huge numbers of outputs then lost the keys when they didn't get that 100x that's what happened.
Otoh I don't know how Bip-110 fixes any of this. Bip-110 doesn't stop, prevent, or fix Runes memecoins, their proliferation or the next version of runes whatever they are called that fits in op_return.
The highlighted below is everything with an op_return...
This block burned up > 37 BTC in fees alone. If people are willing to spend that much just to burn it all in op_return how are you going to stop them?
You are referring to BRC-20s... they caused most of the increase in the UTXO set. They were designed to "pump" and the "pumpers" gamed them in such a way that the more outputs in a transaction, the "more tokens" you had.
So what did the degens do? Make huge numbers of outputs then lost the keys when they didn't get that 100x that's what happened.
Otoh I don't know how Bip-110 fixes any of this. Bip-110 doesn't stop, prevent, or fix Runes memecoins, their proliferation or the next version of runes whatever they are called that fits in op_return.
The highlighted below is everything with an op_return...
This block burned up > 37 BTC in fees alone. If people are willing to spend that much just to burn it all in op_return how are you going to stop them?