pull down to refresh
133 sats \ 3 replies \ @unschooled OP 18h \ parent \ on: Mom and Dad are Fighting....Again (Re: Bitcoin Core OP_RETURN Restrictions) bitcoin
So I'd wrongly assumed... Thanks for correcting me on that score. I guess I'm still just trying to make out what this script is used for.
At any rate, this is a great learning opportunity, as I find the controversy makes it hard to look away.
It's literally used to tag transactions with data. It's still bloat. But it's pruneable.
The biggest risk besides the bloat is the same as with ordinal inscriptions though, what @theariard underlined: "value" that is not native to the L1. However, its debatable if that is prevented with 80 bytes - counterparty still operates on 80b today and your rare pepe transaction with exactly that externally perceived value "fits" in there.
People will abuse it. It will hurt. Will that hurt more than abuse of data structures in practice? Probably not, because ordinals already does this anyway.
reply
Jason Hughes is saying on X that merging this turns bitcoin into a shitcoin 👀
reply
reply