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@ Kevin's Bacon
2025-05-01 16:24:48
Yeah completely agree, that's not true at all, but it may lean sightly in that direction if a lot of users unknowingly put this code into play, or at least that's their fear.
In truth it might even be beneficial from a practical point of view. I'm still trying to learn more about the exact technicals and what economic incentives surround them, but it looks like the proposed change would decrease spam slightly in the long run, or make it more hardware space efficient. Transactors still have to pay per byte of OP_RETURN data, so incentives are still gonna be relatively tame after this.
But because these changes can have a significant impact like that, because they are so consequential, and because the Core team obviously thinks it's consequential, then it is a legit topic for debate! So the people making claims about turning it into a shitcoin are either being hyperbolic, assuming too much, or missing the real point that this is worth considering and debating amongst bitcoiners and the Core team are being intellectually dishonest.