Thread - Nostr Hypermedia

Or we could just keep bitcoining and eventually more monetary use crowds out spam. Bcashers thought blockspace was scarce and that their transactions should be given favoritism. 110'ers believe blockspace is too scarce and their transactions should be given favoritism. Or we could just stick with the free market for blockspace, unless you think somehow spam is more sustainable than monetary Bitcoin. I guess if I were that bearish I'd start throwing away the Bitcoin blockchain too.

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Replies (4)

Toxic Bitcoiner toxicbitcoiner@Nostrplebs.com 1 month ago

You’ll only get the point of monetary use crowding out spam if nodes remain reasonably run-able. Op_if exploit did serious damage to that future while core did nothing about it.

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Cykros psyche_eros@iris.to 1 month ago

You get that we have a blocksize cap and that op return data uses less resources than a similar amount of transaction bytes right?

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Cykros psyche_eros@iris.to 1 month ago

And the ordinals rash played itself out -- because it was unsustainable nonsense. Meanwhile, it gets buried below the assumevalid height as time goes on. Tick tock next block.

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Cykros psyche_eros@iris.to 1 month ago

It's not more expensive. There's a blocksize limit. And jpegs take LESS compute as there's less opcodes per block. Meanwhile, 110 does nothing to prevent the moral/legal hazard because jpegs are still trivial to embed. See

The Knots lies

for an example including the example code. It's literally just a larp. With 1% of hashrate. Generously estimated.

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