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OrangeSurf /
npub18h0…ws8m
2024-01-01 16:34:06

OrangeSurf on Nostr: Calling all ordisrespectors / filter enjoyoors. In the interests of understanding ...

Calling all ordisrespectors / filter enjoyoors. In the interests of understanding your position here is my best effort to steelman why new bitcoin core policy rules should be updated to 'filter out spam'.

If you are an ordisrespector please add comments where you think missed something.

1. Bitcoin was intended for financial transactions, not arbitrary data storage.

2. The demand for arbitrary data storage is essentially infinite.

3. Spammers who want to use bitcoin for arbitrary data storage have deep pockets to pay for high fees.

4. Because of 1 & 2 & 3 active measures are required to stop the scarce blockspace being filled with non transaction data.

5. Bitcoin core policy rules can easily be updated to filter out specific types of current 'spam transactions'.

6. Most people run the latest bitcoin core with defaults.

7. If bitcoin core policy were to be updated in a new release the majority of node runners will update

8. If the vast majority of nodes update (7) it will be hard to relay 'spam' to miners over the p2p network.

9. Miners won't make enough extra revenue accepting out of band 'spam' transactions to make it worth their while.

10. Most of the 'spammers' will give up and move to other chains or stop

My opinion is that changing bitcoin core policy will not achieve your desired objectives, and I will reply to this thread with my thoughts on each of the 10 points once I have some feedback on whether this is a fair steelman.
Author Public Key
npub18h0w55nsp839ezxnggf00jd2xc6yl0ht62mf5p8wwllu8s80wdcs83ws8m