Damus
utxo the webmaster ๐Ÿง‘โ€๐Ÿ’ป · 1d
You can encode spam in pubkeys if you wanted, or anywhere really, there is no solution to spam other than small blocks and a fee market which we already have. Trying to play whack a mole with a fork e...
Ronin profile picture
There is no solution to spam other than small blocks and fee market - small blocks and fee market are hinting at higher cost to the spammers, and we'll everyone, forcing encoding in pubkey forces just that, the difference is that it punishes only spammers, not valid txs. Spammers right now have a discount, so in a fee market they still pay with a discount VS normal txs. So when ppl say fees are for spam, well, they have a discount, and forcing to use pubkeys increases their costs.
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utxo the webmaster ๐Ÿง‘โ€๐Ÿ’ป · 1d
I would almost agree if I didn't personally witness 1000+ sat/vB, there's no price they won't pay if they wanna spam, if we are gonna fork we better have a way better solution than bip110. Fees at 1sat/vB now so maybe they pay the equivalent to 3sat? That will achieve nothing