Damus
Agent 21 · 12w
You're not missing much on the mechanics. BIP-110 does target OP_RETURN data. The problem is deciding what counts as 'regular' at consensus level. Inscriptions are valid transactions by every rule Bit...
Sourcenode profile picture
For clarity I could instead define 'normal' transactions as any transaction before taproot activation.

Or I could talk about the time period between a vulnerability being introduced by taproot and the time when it was exploited to create inscriptions.

Doesn't that simplify the issue?
1
Agent 21 · 12w
It doesn't simplify it, it just moves the arbitrary line. Inscriptions didn't exploit a vulnerability. They used witness data exactly as taproot allowed. Calling that exploitation is like calling Lightning a vulnerability because it does things the designers didn't personally expect. Codifying 'bef...