There we agree, but i think if 110 signaling on nodes was more unanimous >>50% (or even just close to that) then miners would fear nodes/users not validating and then feel pressure. We never saw that because signaling at a node level was tiny and so there was no pressure on miners. If they tried to do something proactively users didn’t like I think we would win like in the block size war - the difference here was that miners AND most users preferred the status quo to the proposed alternative, so I don’t think it’s fair to say things like the project is doomed, nodes have no power, etc since most nodes likely prefer a non BIP-110 outcome
Login to reply
Replies (1)
20% of the network is not tiny but it is what it is.
The end result is that Bitcoin community is fine with big OP_RETURNs, spam, ordinals, jpegs and even csam on the blockchain in unobfuscated form. More inscriptions too, more exploiting Taproot. More shitcoins on top of Bitcoin, like the one Citrea launched. So we will see where this leads.
I know for me that it will be good to have a decent alternative with strong monetary DNA.