Replies (20)

Thanks for sharing your thoughts Jimmy. Re the last point, it certainly isnt something to get worried about Bitcoin like you say, the mining centralisation is a far bigger issue. I just think the Core Devs just really pissed off the community, I think more Bitcoin Maximalist virtual signalling toxicity is good at the end of the day.
Keep it up Jimmy. Please post more about Knots and Filters and less about SBR. SBR is very statist and doesn't suit on you.
Miners process the transactions on the network. Most miners also run full nodes in order to mine. So your comment is kind of pointless :/
Kiawtzin's avatar
Kiawtzin 3 months ago
Well said Sir I agree with your 3 first thoughts. Slightly disagree with the fourth. I explain myself: Yes the blocksize is capped and that ensures the bockchain growth won't be overblown... But that's not the real problem. There is no UTXO set size limit and Spam is making the utxo set grow orders of magnitude faster than the price of RAM. That centralization force is what makes me and others worry. Dismiss it as not a big deal is unwise. The attackers like Mikeinspace and others have clearly bragged unambiguously that they intend to spam the network in the most toxic and harmful way possible so they are NOT going to stop their stamps that bloat the UTXo set
BTC-Satan's avatar
BTC-Satan 3 months ago
The benefits of the .jpg on the blockchain is the transmission illicit images involving children ..... thus destroying Bitcoin. That's where Peter Todd, PortlandHoDL, the CEO of MARA and many Bitcoin Devs are.
Sly Fawkes's avatar
Sly Fawkes 3 months ago
How can you be sure economic txs will price out scammers/spammers? This assertion keeps being made by core sympathizers but there's no way to be certain of that. Scammers often have deep fiat pockets and continue to profit from their scams. This assertion also relies on the idea that Bitcoin is inevitable and will be the global reserve currency. That may not come to fruition if Bitcoin is destroyed by spam and CSAM.
Junghwan's avatar
Junghwan 3 months ago
just run Bitcoin Knots. no argument needed
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