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@ Matt
2025-05-16 07:15:27
GM #nostr
Still considering my opinion regarding the op return debate.
At the moment I'm considering that the 1MB block size limit was probably an early attempt to prevent spam clogging the network, despite the generally relatively small size of blocks at the time.
If that was indeed part of Satoshi's intention, then it can be argued that anti spam filtering has been a consideration in Bitcoin for a long time. Therefore, the recent argument isn't a new one, it's just a new version of what's gone before.
Personally, I'm in favour of filtering blatantly non critical data from the block chain. The current limit has worked well for years and doesn't need to change.
Another concern is the second order effects which we can't see or predict yet. Taproot should have given everyone pause for thought;
Yeah, it was a great shiny new upgrade that enabled this that and the other new clever thing. Then it was manipulated to do other things that wouldn't have happened of not for taproot.
What would the consequences be for this upgrade, directly in terms of what new attack vectors are opened up, and indirectly, in terms of how it affects people's mindset about the nature of Bitcoin, in the years ahead.
I currently think that the limits we have are enough, economics should drive out the utxo spam, eventually and we should now move to maintain things as they stand.
The only upgrades to Bitcoin that I'm interested in, going forward, are those which add to and improve security or speed of communication across the network.