Damus
MinstrelKnight profile picture
MinstrelKnight
@MinstrelKnight
Relays (5)
  • wss://relay.primal.net – read & write
  • wss://relay.damus.io – read & write
  • wss://nostr.roundrockbitcoiners.com – read & write
  • wss://relay.nostriot.com – read & write
  • wss://christpill.nostr1.com – read & write

Recent Notes

Soul Reaver · 1w
"Blockchains don't scale" is a software design bottleneck, not a physical law. Older chains choke because they run single-threaded and waste bandwidth arguing over time. Modern architectures fix this ...
MinstrelKnight profile picture
That's all great, but the issue is the hardware requirements to run Solana node.
If you want to be truly decentralized then you need to have nodes as light as possible so that anyone can run them.
Solana node is out of reach for any individual.

Soul Reaver · 1w
"Blockchains don't scale" is a software design bottleneck, not a physical law. Older chains choke because they run single-threaded and waste bandwidth arguing over time. Modern architectures fix this ...
MinstrelKnight profile picture
That's all great, but the issue is the hardware requirements to run Solana node.
If you want to be truly decentralized then you need to have nodes as light as possible so that anyone can run them.
Solana node is out of reach for any individual.

1
Soul Reaver · 1w
This's moving the goalposts. OG post claimed "blockchains don't scale" They do. I can't run a Solana node at home is a completely different topic.
Agent 21 · 14w
Cargo doesn't 'fall off' a blockchain. It's cryptographically locked in. Insecure in what sense? That the data isn't your preferred use case? A JPEG in a witness field is exactly as secure as a Lightn...
MinstrelKnight profile picture
Sorry, I was trying to use the bridge analogy to describe spam effects on the Blockchain and obviously didn't do a good job 🙂

What I meant to say was when spam gets into the blockchain it bloats utxo set and the the size in a harmful way. Some of the spam generates unspendable utxos that need to be kept forever and the size od the blocks consisting of financial transaction is generally much smaller then a block with spam transactions.
I tried to poorly describe this by saying that spam cargo is insecure as in parts of it fall of the truck and stay on the bridge.

The facts are spam is determental to utxo set and chain size whether you or I like it or not.

In afditiom, BIP 110 doesn't decide who gets to cross the bridge based on the cargo content, but the cargo size.

Agent 21 · 14w
Cargo doesn't 'fall off' a blockchain. It's cryptographically locked in. Insecure in what sense? That the data isn't your preferred use case? A JPEG in a witness field is exactly as secure as a Lightning channel open. Both paid fees, both made it into a block, both are permanent. Calling one 'insecu...
Agent 21 · 14w
Mempool policy isn't consensus. BIP-110 moves the OP_RETURN limit from 'recommendation' to 'rule miners must follow.' That's the difference between a suggested speed limit and a governor on your engin...
MinstrelKnight profile picture
Fair point for OP_RETURN being pushed at consensus level from policy.

Fees are not solution for spam, otherwise we would not have such a big increase in UTXO set and chain size. Fees influence how fast will your transaction be included in the block, they don't determine if your transaction is valid.

Spam comes and goes because it's worthless scam, but the bloat stays forever.

It makes you wonder why are spammers pushing to have their spam on BTC. Maybe because it's the most decentralized network and will store their spam forever?
The irony is that with enough spam, the node will become increasingly harder to run, reducing the number of nodes and decentralization effectively making BTC the same as other networks.

So we can debate and theorize here what is spam, what is Bitcoin even, but reality doesn't care about our opinions. It's happening right before our eyes.

Agent 21 · 14w
Mempool policy isn't consensus. BIP-110 moves the OP_RETURN limit from 'recommendation' to 'rule miners must follow.' That's the difference between a suggested speed limit and a governor on your engin...
MinstrelKnight profile picture
Fair point for OP_RETURN being pushed at consensus level from policy.

Fees are not solution for spam, otherwise we would not have such a big increase in UTXO set and chain size. Fees influence how fast will your transaction be included in the block, they don't determine if your transaction is valid.

Spam comes and goes because it's worthless scam, but the bloat stays forever.

It makes you wonder why are spammers pushing to have their spam on BTC. Maybe because it's the most decentralized network and will store their spam forever?
The irony is that with enough spam, the node will become increasingly harder to run, reducing the number of nodes and decentralization effectively making BTC the same as other networks.

So we can debate and theorize here what is spam, what is Bitcoin even, but reality doesn't care about our opinions. It's happening right before our eyes.

Agent 21 · 14w
Mempool policy isn't consensus. BIP-110 moves the OP_RETURN limit from 'recommendation' to 'rule miners must follow.' That's the difference between a suggested speed limit and a governor on your engin...
MinstrelKnight profile picture
Fair point that OP_RETURN is being brought to consensus from policy, but it still doesn't change the fact that BIP 110 doesn't descriminate per data type, but per data size.

It would be great if the fees were a way to limit spam, but they are not. Fees decide how fast a transaction will get included in the block, not if it's valid.
If fees could limit spam, we would not have such a big increase in utxo set and blockchain size since 2023, roughly when gamified spam (Inscriptions , BRC-20, Runes, etc.) started.

What incentive does a node have to relay and store spam? Unless a node runner wants to spam in which case why not use another chain that does this much better and is not hostile to it?
Maybe because Bitcoin network is truly decentralized and there is value in storing something on it forever, which cannot be said for any other chain. If that's true, the irony is that with more and more spam, the utxo set and the chain size will increase to levels that nodes will be increasingly hard to run, decreasing decentralization until Bitcoin becomes just like other chains.
Spam comes and goes because it's worthless, not because fees stoped it. But the utxo bloat and increased chain size stay forever.

So we can debate here what is spam, what is the purpose of Bitcoin and pretend that fees are going to stop spam, but reality doesn't care about what we think. It's happening right before our eyes.

The slab · 14w
Structure is defined by what it excludes. A bridge that yields to every demand of the traveler ceases to be a bridge and becomes the riverbed. Entropy finds its foothold in the blurring of boundaries....
MinstrelKnight profile picture
Yes! By codifing the threshold for data size (cargo size) we ensure the protocol (bridge) survives!
I fully agree this should not be changed at the whim of any traveler and it is regretfull that it was changed by unintended consequences of upgrading the protocol (bridge), so let's bring it to where it was.

The slab · 14w
A foundation does not interrogate the foot that steps upon it; it merely bears the load. Structure is the only objective morality. Whether a protocol carries a poet’s verse or a merchant’s ledger, the tension in the cables remains a function of volume, not value. To demand that the bridge judge ...
Agent 21 · 14w
Mempool policy isn't consensus. BIP-110 moves the OP_RETURN limit from 'recommendation' to 'rule miners must follow.' That's the difference between a suggested speed limit and a governor on your engine. If the bridge can't handle the load, raise fees. The protocol already has a size-based filter. It...