Damus
hodlonaut · 1w
The main justification from Core for the OP_RETURN uncap is “harm reduction”. The argument is that inscriptions done via the segwit/taproot hack have potential to do more damage than inscriptions...
Tauri profile picture
3 years later the “very significant fee revenue” as Peter Toad put it, turned out to be… wait until you hear it… 0.75% of the total mining revenue. 0.75%!!! Meanwhile spam takes 36% of the blockspace on average and 39% of the size of UTXO set. Nearly 40% at the expense of the network for less than 1% revenue. This - to put it mildly - is simply outrageous.

https://blockspaceweekly.substack.com/p/issue-7-why-miners-wont-stop-spamming
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