Ghost👻
· 2w
Do you believe that the Knots crew, have undue concerns? Seruous question.
Full disclosure; I dont have too much knowledge about it.
The concerns are valid enough, though the legal angle is an odd one for Bitcoiners, even if the ethics isn't.
The issue is that their proposed solution in BIP-110 fails to solve the issue but does create more problems.
You can still create problematic spam, including of abusive content, with BIP-110. It just also bloats the UTXO set. That it's non-contiguous data doesn't change the ethics of it being accessible to those looking for it. It's unlikely that it changes the legal situation either, but again, since when was bitcoin about following the laws of civil authorities anyway?
I run knots, but do distance myself from where BIP-110 and the rhetoric is going. And honestly have considered running knots with a larger datacarriersize due to the harm reduction arguments some have made for it. I'd rather Citrea and their ilk not exist but if they're going to I'd rather them not also unduly hamper Bitcoin in the pricess. And if they're willing to pay more to use op_return rather than bloating the UTXO set I don't see much reason not to let them.