> If it (the relay filter) is bypassed, it (the relay filter) works by definition
If by "work", you mean "kill the small miners so that a small cabal of large miners have control of Bitcoin", then I agree that it "works"
You might think I'm being unnecessarily sarcastic here, but for many of us the priority is to keep mining decentralised. Miner decentralisation requires:
- keeping the UTXO set small
- accurate prediction of what the next block will be, to enable small miners to stay at the tip and to enable their blocks to be quickly accepted by everyone else
There are lots of issues to consider, and trade offs, but miner decentralisation is critical and must be part of every debater's calculus.
Replies (3)
Im sorry, but there are too many false equivalencies in your argument to make sense to me.
How is Core keeping the UXTO set small given the witness discount?
Lifting OP_RETURN limits doesn't address the fact that embedding arbitrary data in the witness script is cheaper, meaning that the network would have to rely on the good intentions of the "spammers" to rearrange their higher level protocols to fetch data from the witness script of the transaction instead of from the OP_RETURN output.
You mention the witness discount, but you don't make a clear point
Are you advocating for a fork to remove, or perhaps just decrease, that discount?
I'm open minded about different *realistic* plans to improve the chain - e.g. decreasing the size of the UTXO set - but your response didn't include any practical plan
