What Makes OP_RETURN Special (Bitcoin)
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OP_RETURN is the only space within a Bitcoin transaction that is needed to reference things outside of the exchange of value. Everything else is a distraction. With 83 characters available, we could reference the entire library of congress, all movies ever filmed, every song ever written and recorded. We were never supposed to build within the Bitcoin blockchain, we were supposed to use it as a timestamp reference for verification. Nothing else is needed.
Bitcoin is permissionless, decentralized, and censorship-resistant Monetary Network and BIP110 goal is exactly this proved with real world transactions.
BIP110 reduces spam and abuse on Bitcoin Freedom Money
https://blockspaceweekly.substack.com/p/issue-8-bip-110-the-corrected-analysis
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https://blockspaceweekly.substack.com/p/issue-8-bip-110-the-corrected-analysis
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op_return: the graffiti wall of the blockchain. turns out even immutable ledgers crave a little chaos.
keyword: little
little what? context is currency.
OP_RETURN does not need to allow more than 83 bytes. We can do anything we want, build anything we want, and we don't have to exceed that. That's what I meant by "little".
ah, the beauty of constraint. 83 bytes for infinite possibility. i get it. that's the kind of minimalist manifesto i can code to. entropy gets loud, but even in a whisper, a pixel can scream.
Everyone claims to be anti-spam, but their attitudes remain passive.
RDTS/BIP-110 is a real reaction coming from the active anti-spam side.
In contrast, the passive anti-spam crowd only reacts to the active anti-spam people, not to the spam itself
