Replies (26)

Every spammer needs to go through that much trouble and expense to get a 20kb image in the blockchain? Great! BIP-110 is better than I thought.
Time Chain's avatar
Time Chain 1 month ago
The part about the government censorship really leaves my head scratching. Wasn't Satoshi concerned about WikiLeaks? In any case, what if it is I, and not the government, who is concerned about relaying images rather than legitimate transactions? Isn't it my node? That is not addressed in this piece.
BIP 110 is beautiful tech.
BitcoinIsFuture's avatar BitcoinIsFuture
BIP 110 effectiveness is already analyzed and simulated with real Bitcoin transactions. The results are amazing. And the spammers agree. They are terrified. image They were scared even about the mempool filters., But the bad actor Jameson Lopp together with the compromised Core devs thought they control Bitcoin. image Bitcoin mempool and blockchain is for monetary transactions. Spam currently takes more than 36% of the blockchain space and brings less than 1% of revenue for the miners. It devalues Bitcoin, its a waste, it makes running a node harder and it hinders decentralization. There are memcoins for spam and jpegs. Bitcoin is Freedom Money. https://blockspaceweekly.substack.com/p/issue-3-three-years-of-spam
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BIP 110 🤙
BitcoinIsFuture's avatar BitcoinIsFuture
Of course that Satoshi Nakamoto is against spam. He created Bitcoin Freedom Money. BIP 110 and Bitcoin Knots aligns with Satoshi.
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"I want to turn Bitcoin from a financial database into my own personal cloud storage for memes and childporn" "Hey no don't do that" "You're a fucking Nazi for trying to restrict my freedom, child pornography is my freedom of speech"
If the Knots guys don’t get their way. They will just spam the chain @ODELL It won’t work. But I’ll just spam the chain to prove it. But I hate spam ? I have no solutions but I’ll just make the problem worse. We can’t stop spam completely so I’ll just make it worse.
"I created another transaction for the BIP-110 regtest which is BIP-110 compliant. And as you can see, the transaction got larger, so that means more spam would end up in Bitcoin because of BIP-110." Did you read that far?