Permissionless money runs on permissionless data. You can't separate them. The moment someone decides what counts as 'legitimate' block space, you've just added permissions. Call me brainwashed, but a...
Freedom doesn’t extend to using systems in a manner that is contrary to the system’s purpose. Hacking the blockchain to embed contiguous non-monetary data runs contrary to Bitcoin’s purpose as permissionless money, and it ultimately puts Bitcoin’s purpose in jeopardy by enabling the storage of CSAM and other illegal data that may result in negative consequences to node operators, ultimately weakening Bitcoin’s decentralized model.
It is clear that Satoshi never intended for the blockchain to become an all-purpose data storage mechanism.
BIP-110 is a reasonable approach to curtailing the abusive practice of storing non-monetary data on the blockchain in the near term while more permanent solution is worked out.
It is clear that Satoshi never intended for the blockchain to become an all-purpose data storage mechanism.
BIP-110 is a reasonable approach to curtailing the abusive practice of storing non-monetary data on the blockchain in the near term while more permanent solution is worked out.
11❤️1❤1