there's a conference happening now featuring a discussion with the author of this spam attack.
reply
🫡 Im doing my part!
reply
Which spam attack? Ordinals?
reply
correct.
reply
they're transactions paying fees. not a spam attack
reply
Hope they'll run out of money soon.
From a technical viewpoint, all these tiny 540 sat tx most definitely look like spam (clear pattern, at dust limit, bloating the system), and not like genuine financial tx with random amounts. They're not financial tx but serve another purpose. As if everyone would start sending hundreds of 0.01 usd wires around, just to store their tx description in the bank's system.
reply
debatable
reply
not really. they're consensus valid and pay their fees. Are we going to start judging the validity of other people's transactions? Who gets to maintain the list of what's allowed?
reply
you do. I do. everyone does.
welcome to Bitcoin.
"who gets to decide?" ad nauseum
it's all so tiring rijndael
reply
yep. valid transactions get mined. that's bitcoin.
there's a conference happening now featuring a discussion with the author of this spam attack.
ad nauseum
it's all so tiring
Yes it's still a thing but they're not minitng as much as they used to its mostly moving their meta data around trying to trade it, its really a borked system so it looks like a lot is going on when really its not
reply
yep, still a thing
reply