pull down to refresh

"The goal of changing the op-return rules is to preserve the ability of anyone to run a node. "

What’s the connection? Well, people want to put information inside of bitcoin transactions. You may disagree with this idea, but for them there is an economic rationale for doing it. They’re willing to pay good money to publish this information, much like someone might publish a classified ad in a newspaper.
Building your own block template is a great opportunity to filter out transactions. At the relay level, however, you’re only undermining the goals you set out to accomplish.
I fully believe in decentralized systems, as does every Bitcoiner I know. It’s incredible to watch the node running community grow and people feel empowered by helping keep bitcoin decentralized. If you’re not already running a Bitaxe, I’d recommend it. Filter the transactions going into your blocks your Bitaxe is mining if you want to have a say in data on bitcoin.
For the sake of maintaining bitcoin as decentralized system, however, I’d strongly suggest you reconsider filtering the mempool and restricting op-return data.
213 sats \ 6 replies \ @BlokchainB 2h
THE QUEEN HAS SPOKEN
I run a bitaxe!
reply
183 sats \ 5 replies \ @optimism 1h
Idea: (if you have time) ask dcentral to print a 1-time SN edition yellow one and either raffle it or auction it - at tabconf?
reply
111 sats \ 4 replies \ @BlokchainB 1h
That’s not a bad idea but who is decental?
reply
300 sats \ 3 replies \ @optimism 1h
Was the first vendor of bitaxes in NA. But they're actually in Canada so may be crappy if it gets taxed.
They have cool self designed axe stands though... Which is why I thought of them. Can also get a plain one from Virginia Freedom Tech or solosatoshi and ask someone else to print the stand/case
reply
100 sats \ 2 replies \ @BlokchainB 1h
I got mine via fold and crypto cloaks promo
reply
159 sats \ 1 reply \ @optimism 59m
I think the "responsible" source for a BitAxe is through an OSMU contributor. See https://bitaxe.org/buy -> select North America.
reply
Hahaha
reply
300 sats \ 3 replies \ @optimism 4h
Building your own block template is a great opportunity to filter out transactions.
Glad to have independently written something similar this morning for a much smaller audience.
Also GREAT point about the bitaxe - though last time I discussed bitaxes with a mining service provider they laughed me out of the room:
But I have to believe that they that laugh last... otherwise might as well pack up.
reply
On a long enough time horizon, do we all become miners?
reply
202 sats \ 0 replies \ @nout 2h
On a long enough time horizon we will all be under ground. So in some ways... yes?
reply
102 sats \ 0 replies \ @optimism 3h
We once all were miners so this would be the ultimate reversal of trends. But I doubt it, because hashing simply scales very well.
But, even if 0.7-1% of blocks are mined by individual honeybadgers that don't care, with their own blocktemplate policies and no pool middleman1 then we'll have a block a day on average that isn't governable or coercible.

Footnotes

  1. because you will be unlikely to make ROI with a bitaxe when you're on pooled payouts and you'll never hit the lottery in that setup.
reply