great observation 👍 View quoted note →

op_return is a separate-but-intimately-related problem, but the main spam issue goes back to Segwit. View quoted note → #Bitcoin

pretty sure this is 180° wrong you either agree with Core (the default governance of #Bitcoin) or you fork. because there is *no other option* except endless discussion where ANY party with strong feelings can block change. ossification or a fork is shitty governance and bitcoiners need to come to grips with it. View quoted note →

humbly suggest y'all quit thinking #Bitcoin is some perfect, predestined thing and get serious about design tradeoffs. its better than having irrelevant Core vs Knots pissing contests View quoted note →

If the bip-110 people were serious about spam mitigation, wouldn't they be talking about reducing the Witness Discount? Isn't that where most of the spam is happening? Oh but they CAN'T talk about reducing the Witness Discount because Lightning depends on it for commitment and justice transactions. reducing it (and making it more expensive to mine ordinals and inscriptions) means LN theory breaks. almost like #Bitcoin made a design mistake in 2017 and everyone refuses to look at it.

And because silver and gold have their value from the matter itself; they have first this privilege, that the value of them cannot be altered by the power of one, nor of a few commonwealths; as being a common measure of the commodities of all places. But base money, may easily be enhanced, or abased. —Hobbes, Leviathan

having Decentralization Theater instead of real discussions about how changes actually get made is a really bad idea long term. #bitcoin View quoted note →