Thread

Sounds like a shit coin to me

Free Market Complaints.

There's a free market (which has specific boundaries) and a free-for-all shit show of decay where anything goes. I assume you celebrate the latter and sing a song like its how it should be?

Or just Complaining.

Fuck Core and Fuck Adam Back

#Enshitcoinification

You could have paid more in fees if you wanted to secure a spot in the mempool. Its all about whether you want to pay more to be first or be patient waiting while paying less. They accept my transactions just fine, I just offer a bit more in fees to get my stuff included in the block. Claiming its the fault of "spam" either shows you don't know how Bitcoin and fee markets work or you are just blinded by whatever Knots propaganda was presented to you. Also Core nodes don't have filters for blocking Knots nodes. It is the other way around Knots has the function to block OP_RETURN transactions which is actively censoring transactions that are valid to the chain. My transactions were also just UTxO consolidation as well and it still got into the block. I just had to offer more coins in return to get a spot in the block.

There's nothing "seems" about it.

We need a User-Activated Soft Fork (UASF) to block anything other than monetary transactions. Bitcoin is money not data storage

consolidation UTXOs aren't intended to be included in the next block. it's something you do on a weekend and you aren't supposed to care if it takes hours. if the exchange who submitted it wanted it in the next block they wouldn't have deliberately paid the lowest fee they thought they could pay

The free market does not care about humanity exists

I think his point was just that the amount of spam competing with financial transactions will increase due to the changes in v30 laying out the red carpet for spammers. Miners don’t care - they mine what’s most profitable for them and have unfortunately degraded into centralized short-term incentivized participants in the ecosystem. If spam ever gets so bad that financial transactions are prohibitively expensive, that’s really bad for Bitcoin. Not everything can live on Layer 2 or sidechains - sometimes we need financial transactions on the base layer. Corporate miners are fine killing the goose that lays the golden eggs as long as they hit the quarterly earnings forecasts and the executives get their bonuses at the end of the year. They’ll transform into AI hosting companies if Bitcoin dies. That’s why node runners need to push back against this Core v30 nonsense and make Bitcoin about money again.

I'm a Bitcoin mining operator, that game theory isn't true. Mining pools that play by the rules earn more stable income than those seeking "extra" income from supposedly spam transactions. Since they aren't wasting their resources trying to cater to specific groups of people. Unlike Marathon which is basically one entity and not a pool by the traditional meaning. They're basically one big miner mining blocks. Even then the rewards they earn goes to them and not paying out miners like in other pools. If I pay more sats to get in a block and I make it where people with less sats are unable to enter into the most recent block. Does that make me a bad person? The answer is no, I paid the fees and someone put in the work to mine the block. They didn't choose me in specific to mine the block, but mined the block that was in queue and received my fees that I paid. Mining itself may look centralized, but miners are incentivized to play by the rules than trying to make pure profit. The mining pool Ocean is centralized by nature due to there not being another Datum based pool for people to rotate to if Ocean starts censoring blocks. Unlike stratum V2 which there are a few pools running it that you can retreat to if a mining pool starts censoring blocks. Also many mining pools have plebs and other people mining with them. For example Braiins pool has pleb miners mining with them, F2Pool have people mining with their Canaan gear, Luxor for many of the hosted miners, etc. There are very few corporate miners mining in all the pools, foundry is a good one where there are plebs and small mining operations in there too. To say its nothing but corporate is just spitting in the face of people making mining gear for plebs like Skot9000 with the Bitaxe and canaan with their home miners, and braiins with their mini miner. Stop blindly following the propaganda that Luke Dashjr and Knots ideological groups spew and start understanding how mining works and how Bitcoin works. Do I agree with the changes core made, no but that's why we can run other versions or implementations.

What does that even mean?

Thats right :)