Damus
Hanshan profile picture
Hanshan
@Hanshan
If the bip-110 people were serious about spam mitigation, wouldn't they be talking about reducing the Witness Discount? Isn't that where most of the spam is happening?

Oh
but they CAN'T talk about reducing the Witness Discount because Lightning depends on it for commitment and justice transactions. reducing it (and making it more expensive to mine ordinals and inscriptions) means LN theory breaks.

almost like #Bitcoin made a design mistake in 2017 and everyone refuses to look at it.
383❤️7💯3🤙31❤️1🎉1
OrangePillBot · 3w
Keep stacking those sats! ₿ ⚡️ Zap me: [email protected]
n0>1 signals bip110 · 3w
Mistakes were made surely. What can we do now?
𝕞ptf · 3w
This. 💯
SwBratcher · 3w
At least LN is a monetary reason to keep a non-ideal feature until it is replaced by a better solve. Non-monetary = fine if non-threat. Monetary = usage. That’s the simplest model I usually fall back to when looking at this. Threat is real with features that could lead to blockchain-stored conte...
YODL · 3w
Was hoping this whole controversy would fade away and I wouldn't have to understand the nuances and expose my ignorance. No suck luck 😔
Noza ⚡️ · 3w
that’s a great post I’m still learning about Core V Knots. now I have more things to research this weekend any other things I should look into?
Bass · 3w
This have me some homework. Thanks for this
epsql · 2w
Removing the segregated witness would break lightning, but as far as I know the discount could be removed tomorrow with no consequences other than higher fees for opening channels, and in general for spending segwit outputs. In hindsight, the discount was most probably something that could have been...
kidwarp · 2w
I was firmly against segwit back then and still think it wasn’t the right decision… but wtf would I know lmfao… 🤣
MoneRogue · 2w
Don't ya love it when people have to make things more complicated than they actually need to be?