Damus
Nenad · 5d
I would simply add that bip110 is solving a non existing problem. Is bitcoin working as it should? Yes. Are normal transactions being crowded out by nfts and whatnot? No. Then what are you even trying...
nostrich profile picture
Bitcoin mempool and blockchain is for monetary transactions.
Spam currently takes more than 36% of the blockchain space and brings less than 1% of revenue for the miners.
It devalues Bitcoin, its a waste, it makes running a node harder and it hinders decentralization.
There are memcoins for spam and jpegs. Bitcoin is Freedom Money.
https://blockspaceweekly.substack.com/p/issue-3-three-years-of-spam

Spam is getting larger.