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21 sats \ 2 replies \ @028559d218 29 Sep \ parent \ on: Calle On Core/Knots bitcoin
Trying to 'fix the bug now'... would only result in harming users fee estimation.
There is zero chance today, now, of getting the 95% of the network onboard with 'inscriptions-censoring' or such a change in relay policy that op_if op_end (I don't remember the exact usage) doesn't get relayed.
The inscriptions people would just... spool up their own nodes with the 'current' relay policies... their nodes would relay to each other and the users with a different 'relay policy' would only be harming themselves.
"Fixing the bug" today would do a great deal of damage to the network, and it is highly unlikely to reach the 95% relay threshold (if that's even enough).
In addition it's obvious that 99% of the inscriptions have stopped, and those that haven't are <1 sat/vbyte so easily outbid.
This is a non or small-issue today imo focusing on it to the exclusion of the MoE debate is a huge distraction.
Fee estimation again... fee estimation is a terrible feature and only leads to users not learning how to manage fees properly, and about RBF.
And the main network "damage" is that spam miners risk that their blocks propagate slower, that's a feature, and bitcoin core devs always said this for the last decade until they became spam lovers.
And "inscriptions have stopped"... If inscriptions have stopped opening op_return is pointless, is it not, as there is no demand for data storage, and certainly not for one that's 4x as expensive. Btw what was the "economic demand" core devs fantasized about, but gave no evidence for?
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Fee estimation again... fee estimation is a terrible feature and only leads to users not learning how to manage fees properly, and about RBF.
With all due respect, this is completely incorrect.
And the main network "damage" is that spam miners
Do miners want blockspace or not? I know that some miners mine on 'principle' and that's great, good for them. But the vast majority mine in order to be rewarded with fees. Who and what pays fees?
until they became spam lovers.
That... is not true. Am I a 'spam lover' because I run core? I have zapped more sats to SN than I have stacked (according to the stats it shows). I just don't think relay policy works right now. It is broken and removing limits simplifies things... But I fully recognize I am NOT an expert. I have done the filtering myself on and off and I run Core at default settings and use Bitcoin when I have the opportunity.
I truly believe that is the best use of the network rn for most people.
there is no demand for data storage, and certainly not for one that's 4x as expensive.
There was always be demand for data storage. But that 'demand' has to compete with the world's monetary demand and there's no way that can happen without being incredibly expensive.
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