This approach could be helpful. But I'm not sure it's a solution to the artificially inflated #transaction #fees. Or the bandwith and space waste from receiving or sending #bogus #data.
The facility to incorporate bogus data in the protocol is the problem. It's not like we don't know the difference between Bitcoin and everything else.
#Satoshi and #Hal clearly defined what Bitcoin is and #Satoshi wrote the code. Strengthen Bitcoin and eliminate everything else.
The way we do that is with very low transaction fees. And light, tight, robust #fullnodes. That most anyone can run and manage that wants to. Everything else is superfluous.