Damus
nostrich · 1w
Spam came with the inscriptions exploit which the compromised Core devs refused to fix. Before that filters work and transactions were monetary as it can be seen. Now we have the Core V30 from the com...
21seasons profile picture
BIP110 doesn't actually fix anything. It just tries to prevent some people from transacting, even though they're willing to pay the fee.

That itself sounds quite backwards thinking, shouldn't we try to build system that would have less discrimination on who/why/when transactions are happening 🤔
1
nostrich · 1w
BIP110 fixes the abuse of spam. And of course that spammers and scammers would defend inscriptions, ordinals, NFTs and other scams. They are against BIP110. Bitcoin is Freedom Money and BIP110 helps exactly that. https://i.postimg.cc/5yKmm4q7/bip110-real-world-simulation.png
Akashi Hyogo · 1w
This is what happens when we fight for scraps. I was hoping bull market + increase in transaction volumes would take us out of this madness. Instead we are heading for a brutal bear market with contentious fork -> chain and community split -> even more drama and selling.