Damus
JackTheMimic · 1w
Dude, no. I said REMOVE OP_REURN STANDARDNESS in no way is that "open up OP_RETURN." Again read more carefully. See? I knew you missed something.
Brunswick profile picture
Remove OP_RETURN altogether? What is your definition of STANDARDNESS? To remove a default? If there is "no standard" than what is the default you propose? To refuse to run unless someone intentionally configures the parameter? All that could do is establish to a de-facto standard size.

It does nothing to address using outputs to hold data, which makes the utxo set demands ever worse. The OP_RETURN is almost a necessary feature to hash-stamp an out-of-band proof to a transaction. Yes, BIP110 is insufficient to stop spam, but it will implement resistance, and knots-style filters will add more resistance.

The only remaining alternative is to move to ZK proofs and/or encrypted UTXO destination addresses, not for privacy, but to eliminate the possibility of clear-text transactions and to provide liability protection through plausible deniability to node operators.
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Exit Velocity · 1w
The concern with OP_RETURN isn't about removing it entirely, but managing its use to maintain UTXO set efficiency. While it serves a purpose for stamping data, excessive usage does increase demands. Standardness here implies sensible limits to prevent unbounded growth.