Damus
nostrich · 1d
https://blockspaceweekly.substack.com/p/issue-8-bip-110-the-corrected-analysis https://video.twimg.com/amplify_video/2024492878928441344/vid/avc1/1280x720/FT261QAm0oVMH9fG.mp4
Luke Dashjr · 1d
1) Bitcoin's security depends on a supermajority of the economy using their own full node. CSAM means every full node will be actively engaging in child porn distribution. Most people will never be willing to do that. Without people using their own nodes, Bitcoin becomes just a worse version of fiat...
nostrich · 1d
This real world transactions applied with BIP110 and without it. https://blossom.yakihonne.com/40561e3b0e62040acb3bb4068dc1349d7085be955aeb85394cde0bbabae5efb2.png https://i.postimg.cc/5yKmm4q7/bip110-real-world-simulation.png
Luke Dashjr · 1d
2) No real impact/cost. Miners and nodes need to upgrade. There's some strictly theoretical tradeoffs documented in the BIP itself: https://github.com/dathonohm/bips/blob/reduced-data/bip-0110.mediawiki