Damus
TheGrinder profile picture
TheGrinder
@TheGrinder
We should have let Roger's and Bitmain's mempool spam play out back then. SegWit and Taproot were introduced to reduce the fees which had exploded thanks to the spam and thanks to Bitmain assembling empty blocks while Jihan Wu was bashing "small blockers".

Now we're looking for ways to store all kinds of bullshit on a monetary system to incentivise paying for block space. Do you guys realise how absurd this is?
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𝕞ptf · 1d
Hindsight is a helluva drug. The question really is, do we want simple ossified bitcoin base layer or upgraded bitcoin, better UoE on layern1... both have trade offs.
AncapAnon - Activate OP_GFY now! · 1d
SegWit was fine, except for the witness discount. It was an unnecessary and ultimately pointless concession to the big blockers. Plus it did not achieve its stated objective (rationalization really) of incentivizing input destruction over output creation. Instead, it created a supply for otherwise u...