Damus
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Dug
@DugandRupe
Another awesome @Daniel Prince pod with @Luke de Wolf, #bip110, not a classic intelligence test, but maybe a proof of work test for all those node runners polishing their self sovereignty halos, without really asking why. Have you actually explored what it is and what it might do and what not updating might do.

Ngl, the chain split is a concern but it has happened before and will likely happen again, it may happen but what is important is how everyone learns from the experience. The risk management perspective for the public miners can’t be overlooked (Luke’s the man for this). Is your profitability where @OCEAN ‘s is? if not, you’re neglecting your fiduciary duty and also introducing risks of mining on an orphaned chain, also those could happen either way, but cutting out bit op_return would just reduce this risk.

Finally, very low brow, but the whole “it’s a database” crowd, why are they so keen on storing non financial data on the proof of work chain?

https://fountain.fm/episode/wrJmQl2XPOWsK9WRCBos


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Orange🍊Man👤 · 1w
Anyone storing arbitrary data on the blockchain is either ignorantly or intentionally harming the network. It's strictly a monetary asset, and every line of code should reflect that it's P2P electronic cash. #BTC #BIP110 #stopthespam
AU9913 · 1w
nostr:nevent1qqsgzlzrt0kkfm64m2yjgf2lty656vawcxu47j25ze27h2zevtcv8qqpzfmhxue69uhkummnw3eryvfwvdhk6tczyrts65qfz5ztnyk3swyz9teyt40kkwskhqkez7kt0yjvaas76jkwuqcyqqqqqqg9jv7mw
Bitcoin Mises · 1w
All 0s and 1s are arbitrary, humans assign meaning to them. There is no stopping that. BIP is a retarted attempt to do so.