I assume all of the miner support is just hiding until the last minute, right?

https://wickedsmartbitcoin.com/bip110_signaling

Congrats! Catch up on sleep now.

One of @Jeff Booth Ego Death investors handwaved it away on X saying: "They’re using a minuscule amount of data inside the original OpReturn limits, to store a tiny fraction of data that ties to a hash that verifies the validity of very important information. It’s a massive service to validate real world data. There’s nothing “arbitrary” about it."

So as long as the arbitrary data fits according to the BIP-110 overlords specifications, it's okay. Apparently it only magically becomes "spam" when it is of a certain size. And to think... she told me it was a good size.

Which is still non-monetary use. Luke, Mechanic, et al have publicly stated multiple times Bitcoin should not be used for non-monetary transactions. They've also stated on Spaces they will continue to squeeze until they find a working solution. So they are the judge, jury and executioner of how block space can be used?

The ultimate point is BIP-110 solves nothing. Now instead of having the ability to prune that data out of the larger op_return, "bad actors" will be forced to chunk it across multiple fields/UTXOs which will then be immutable. I lose optionality as a node runner. So if they truly believed the CSAM talking point, they now guarantee it will exist.

Finally, it also keeps the same core issues they point to with the larger op_return field: 1) greater fees; and 2) blockchain bloat. When you mention this, they state the fees would then be the filter which is exactly what non BIP-110 people have been saying about the current implementation.

Either it is non-monetary spam or it's not. BIP-110 was explicitly designed to restrict non-monetary (arbitrary data storage) transactions on Bitcoin.

You don't get to be a proponent and then fund companies that are using the blockspace for non-monetary use cases.

The large majority of quality accounts I follow on X pay for Premium so they have no issues with KYC.

They've pivoted from CSAM.

It was expensive a couple years back when Ordinals, Inscriptions, et al were the shiny new toys. Then people realized all of it was garbage and fees went reverted back down to where we're at. But they paid it.

By moving it out of op_return, you will force them to chunk it across multiple UTXOs which will push fees up again. If they deem it important, they will pay it again.

Incorrect. The data migrates into fake public keys, spendable scripts, or whatever else they can code to accomplish the task.

BIP-110 devs have even stated this which is why they have the 1 year timebomb in their code. Luke's own words say it is a forced deadline/window to develop and deploy a better, longer-term solution.

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https://primal.net/e/nevent1qqs8dytfwhrd4faagh2e4szyplaey2t406a0qrzvdp0ucx8tdjngfwgjum656