Its misinformation.
I don't feel like it is tbh.
BIP 110 "makes no sense" because:
1. Technically Ineffective: Network dynamics ensure that a "tolerant minority" of nodes or direct miner submission can bypass any relay-level filter.
2. Philosophically Misaligned: It prioritizes "spam prevention" over the core goals of decentralization, censorship resistance, and enabling Bitcoin as global money.
3. Harmful to Decentralization: By filtering, it disadvantages small miners who rely on the public network, potentially making mining more centralized.
4. Based on a Flawed Premise: It treats the symptom (data in blocks) instead of acknowledging that cheap blockspace is a desirable condition for scaling, and data encoding within it is unavoidable.
BIP 110 "makes no sense" because:
1. Technically Ineffective: Network dynamics ensure that a "tolerant minority" of nodes or direct miner submission can bypass any relay-level filter.
2. Philosophically Misaligned: It prioritizes "spam prevention" over the core goals of decentralization, censorship resistance, and enabling Bitcoin as global money.
3. Harmful to Decentralization: By filtering, it disadvantages small miners who rely on the public network, potentially making mining more centralized.
4. Based on a Flawed Premise: It treats the symptom (data in blocks) instead of acknowledging that cheap blockspace is a desirable condition for scaling, and data encoding within it is unavoidable.
2🚀1
