Thanks for bringing some sanity back into this debate Jimmy. 160 was probably the right default. I think it remains to be seen though if this change adds more spam. This “new” vector is 4x the cost and I think inscriptions allow the full blocksize to be used, so up to 40x the storage of op_return.
The market for arbitrary data is partly a function of low fee rates combined with the novelty/rarity of the embedded data. I don’t think it’s possible to permanently address either, but it seems like higher fees will lead to decreased interest in spamming the chain, so let’s figure out ways to get the fees up
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You're thinking about this rationally from a free market perspective. But do you think a state would ever seed compromising "data" and not care about paying 4x? Then people "hosting" that data on their nodes could be held liable, de-incentivizing node runneing and leading to more centralization and control
I haven't followed this discussion closely so if anyone has an answer to that I'm all ears