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0 sats \ 2 replies \ @cryptocoin 2 Feb 2023 \ on: Someone just took up the entire blockspace of a block with a wizard NFT/Ordinal bitcoin
Stratum V2 fixes this.
So does bitcoin gaining traction such that a fee market pushes out the jpegs.
But who knows how long until that will happen. Reducing the block size in the interim might make sense.
Either way .. meh.
Reducing the block size? Is this a serious take?
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Luke Dash Jr has been wanting this for half a decade. And it gets rehashed each time some bogus use of the scarce block space happens where things other than bitcoin transactions end up being included (such as the Veriblock transactions in 2018/2019).
Here's one approach:
Implemented code to allow artificially increasing your own transaction weight, so that miners who include it can't make blocks quite as big. This requires NO FORK - it CAN be used today (but see CAVEATS below... Use at your own risk!).
Now as far as this being a "serious take"? Not really, but it is not something being dismissed entirely either:
At #Unconfiscatable today I'm pretty sure I heard support onstage for the technical merit behind @LukeDashjr's campaign to decrease the block size. But it was subtle.
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