Damus
Ricky Zhang · 5w
BIP-110 goes back to 80b op_returns which works for hashing (timestamping) purposes so I don’t see what the problem is. It prevents arbitrary data greater than 80b
Chad Lupkes profile picture
The problem is that it takes the voluntary nature of the Bitcoin blockchain and throws it in the trash if somebody wants to post something using Bitcoin they should be able to. We don't have to like it, that's not the purpose of the blockchain, to only allow what we like. Nobody gets to say what someone else is allowed to do with their Sats, at least not at the protocol layer. If someone does something that literally violates a law somewhere, hold them accountable. But the blockchain and the nodes should not be the gate keepers.

2
Ricky Zhang · 4w
For any given node, "to only allow what we like" and "say what someone else is allowed to do" are exactly the purpose at the protocol layer. Consensus of "what Bitcoin is" emerges from the nodes.
nostrich · 3w
If you want Ethereum functionality just use Ethereum. Bitcoin was always intended to be “A Peer-to-Peer Electronic Cash System”. It’s right there in the title of the white paper. Nowhere in that paper does it propose operating as a database for arbitrary storage. https://bitcoin.org/bitcoin...