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?
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.
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
there's a conference happening now featuring a discussion with the author of this spam attack.
Which spam attack? Ordinals?
correct.
they're transactions paying fees. not a spam attack
debatable
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?
you do. I do. everyone does.
welcome to Bitcoin.
"who gets to decide?" ad nauseum
it's all so tiring rijndael
yep. valid transactions get mined. that's bitcoin.
ad nauseum
it's all so tiring
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.
🫡 Im doing my part!
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
yep, still a thing