Damus
Rusty Russell · 27w
OTS transactions only exist to put non-financial data in the Bitcoin blockchain. Is that ok?
JackTheMimic profile picture
I reject the question of "is that okay?" I only submit whether the definition of spam is accurate.

Your characterization of a transaction that is Open time stamped is not accurate. It is a financial transaction that is used as a timestamp proof. Like using a decentralized checkbook to prove you were in the store writing the check at a given time. The transaction is a transaction, the OTS correlated is coincidental.

Again spam is when a field is exploited beyond the necessary data to make the transaction. OTS embedding doesn't add extra data and therefore burden on others.
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Rusty Russell · 27w
It adds an entire transaction! Every time it does that, it uses up farmore space than an 80-byte OP_RETURN. So your conclusion is that it's not spam if it looks like a normal transaction to you?