related posts
40 sats \ 0 replies \ @DarthCoin 26 Oct 2023
People are retarded
reply
0 sats \ 5 replies \ @TheBTCManual 26 Oct 2023
Looks like the meme coin frenzy on Lightning has started, at least they won't be e'fing with the mempool this time, so we have that going for us
reply
0 sats \ 4 replies \ @oomahq 26 Oct 2023
Not really, we don't. You can use my mempool instance to compare what an ordinal-free mempool looks like at any given moment.
https://clean-mempool.bitcoinbarcelona.xyz/
https://mempool.space/
About 50% of unconfirmed transactions still contain inscriptions, but at least we're down from 90% (nothing is preventing the spam though).
reply
0 sats \ 3 replies \ @TheBTCManual 26 Oct 2023
I was assuming if people move to tapasses they wouldn't need to do inscriptions, it would be cheaper for them no? And they wouldn't need to do so many on-chain transactions, but I guess once you're stuck in your ways you have to run out of money before you change
reply
0 sats \ 2 replies \ @oomahq 26 Oct 2023
Personally I see this way of using Bitcoin as an attack on the network of voluntary node runners. So I don't think they'll stop even if there are "better" or cheaper alternatives to embed random data in the blockchain.
reply
0 sats \ 1 reply \ @TheBTCManual 26 Oct 2023
I get that, you'll be routing shitcoins, stablecoins and securities that could all be part of capturing the network/regulating/fracturing the network, but like ordinals we can't exactly stop people from doing it
reply
0 sats \ 0 replies \ @oomahq 26 Oct 2023
Nope, but it could be more difficult than it is now. Nodes can drop these transactions from the mempool (what my node does). But unless Bitcoin Core does that by default (what is called a standardness rule) it won't have a noticeable effect.
reply