jb55's avatar
jb55 _@jb55.com 3 months ago
As much as i think inscriptions are retarded, this fact is just an economic reality. image

Replies (69)

jb55's avatar
jb55 _@jb55.com 3 months ago
I think the only thing we can do is price them out nevent1qqsgxz9e2mr95mtcjmxpuguctl7l9rj5tm370nwe2l0ldmdmr74du3s24ymaa
Packlight's avatar
Packlight 3 months ago
I think that would be cool too and likely a good way to deal with storing arbitrary data on chain. And I would say if we want to go down that path, it would be good to establish an environment that is adversarial to arbitrary data in every stance.
hasky's avatar
hasky 3 months ago
What’s in that relay policy that blocking economy motivated transactions? Can I read it somewhere ? The policy
jb55's avatar
jb55 _@jb55.com 3 months ago
there is a blocksize limit, but it is subtle. Storing data in op_returns would actually decrease average blocksize since it is not discounted in segwit. This is the whole block weight concept introduced by pieter wuille. This is why inscription jpgs are included on the witness input script stack, to get the witness discount (an unintended spam side effect of segwit) The whole op_return narrative is weird, since if you want to store large images you would’t even use op_return, and the core v30 changes have nothing to do with that because data carrier settings don’t look at the witness stack. I think luke tried to PR a mechanism for detecting inscriptions and including that in the data carrier size, but it would have confiscated peoples money for transactions that looked like spam but were actually legitimate. this would have also created a cat and mouse game of various ways to match input script templates to try to get around every inscription variant, leading to an OFAC banning mechanism to bitcoin. nevent1qqsza8m029sye43ksllqtsxwey9a7cvt6cthxuxwy3yu4l2j8ytegacjc5t0p
I wonder if removing mempool filters would actually help remove an incentive for large centralized pools. 🤔 After all, it's only the big guys who can afford to host out of band services and have built themselves an additional revenue stream.
Not everyone can develop slipstream though right? As in an easy interface for anyone to use to get out of band txs submitted to a pool.
You don't need slipstream. You can just email or send hex over telegram. And plenty of people could develop slipstream. It accepts some hex. Does some checks and then is inserted into a mempool.
jb55's avatar
jb55 _@jb55.com 3 months ago
Someone could also create an entirely new relay/gossip network that bypasses node relay entirely. Would be a decentralized way to get around filters that miners would be incentivized to connect to
You mean like this:
vnprc's avatar vnprc
I published my first rust library yesterday: https://crates.io/crates/bitcoin-nostr-relay You can test it out in this playground environment: https://github.com/vnprc/tx-relay-playground I think this approach solves the filter debate by dismantling the bitcoin core architecture into separate components. Bitcoin core should be used only for blocks and blockchain consensus. It is bad architecture to combine TX relay and block relay into a single binary with a single peer-to-peer network. It opens the node to many DOS attack vectors. It open the developers to social attack vectors. And it forces unnecessary constraints on bitcoin transactions (mempool policy) that severely limit what developers can accomplish with off-chain protocols like lightning. Why continue down this path when alternatives are available? I intend to continue developing permissionless software solutions to enable sovereign pool operators to meet and exceed the capabilities of large, closed source pool operators.
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jb55's avatar
jb55 _@jb55.com 3 months ago
Thats actually a neat idea… would save core from these filter debates all the time. Although i think core is still better at maintaining relay since they got big brains thinking about adversarial networking
jb55's avatar
jb55 _@jb55.com 3 months ago
How is this not the nail in the coffin for knots filteroors As long as there are a few of these running knots is effectively pointless. I mean it always was but it would even be moreso. Any wallet could just connect to the libre tx relay network.
BitcoinIsFuture's avatar
BitcoinIsFuture 3 months ago
What we appretiate is that you show your incompetence publicly.
BitcoinIsFuture's avatar BitcoinIsFuture
BSV shitcoin made the same change that core 30 intend to do (allowing 100KB in OP_RETURN) and got flooded with CSAM on their chain. This change is an ATTACK on Bitcoin.
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BitcoinIsFuture's avatar
BitcoinIsFuture 3 months ago
I knew you will say this because this is the nonsence you repeat. At this point its completely retarded. Truth is in the video. But I will give you some technicals because you seem to not understand them. image
Bitcoin Mechanic's avatar Bitcoin Mechanic
Old methods of storing evil stuff required obfuscation: they would need to break it up into multiple chunks and reassembly would require specific software and knowledge of what the data is and how to reconstruct and interpret it exactly. The old formats looked like this: "Hi, I'm a Bitcoin transaction, here's my first output of 45 outputs - <filepart1>, here's my second output <filepart2>, here's my third output<filepart3>" along with a tonne of other stuff that has to get parsed out when processing the highly obfuscated material. This is thankfully also true of inscriptions. OP_RETURN however is just a dump for raw, serialized data. It's not the same. It says the equivalent of "Hi I'm a Bitcoin transaction, here's an unspendable output: <file> end". This wasn't a problem for tiny OP_RETURNs i.e their current limit of 80 bytes. If they're permitted to be 100kb, that's where the abuse begins. And that's the end of plausible deniability. When the stuff gets processed - which it has to be for your node to verify that they are valid transactions - then you just have a raw, unadulterated file that will trigger primitive antivirus/forensics software to alert the user: "Hi, you have CP on your computer." You now need a licence to run a Bitcoin node, everyone thinks you're disgusting if you do, and they're not even wrong.
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JackTheMimic's avatar
JackTheMimic 3 months ago
Because even with a secondary layer of Tx relay, current Knots users would not relay txs they don't agree with. You still don't seem to understand property rights after all of these repsonses.
JackTheMimic's avatar
JackTheMimic 3 months ago
Lol, I swear you wrote a bot to reply without reading and understanding what is being said. Read again, and think for longer.
jb55's avatar
jb55 _@jb55.com 3 months ago
I read it perfectly. It’s a fact that once it is inevitably in a block that your node will start relaying that exact transaction you already downloaded and rejected from your mempool 10 minutes earlier.
JackTheMimic's avatar
JackTheMimic 3 months ago
Oh weird, I didn't know that unconfirmed transactions are saved in the exact same spot that confirmed transactions are. Can you show me that data table because I was under a different impression. Of course, you wouldn't be conflating the two, right? Because that would be absolutely silly.
JackTheMimic's avatar
JackTheMimic 3 months ago
Especially in a paradigm where we don't use the gossip relay network and we use something else. Those would be two entirely different programs. So there's no possible way that an unconfirmed transaction would be co-mingled with a confirmed one.
JackTheMimic's avatar
JackTheMimic 3 months ago
Again, you can't read or something. That's not what I'm talking about. This is under a thread talking about a separate relay network. Maybe you're reading this on Damus where it's very difficult to understand where the threat is going or where it's been.
jb55's avatar
jb55 _@jb55.com 3 months ago
The two relay networks just serve the purpose to get txs to miners. The block is still gets relayed to all knots and core nodes. I don’t see whats complicated to understand here.
jb55's avatar
jb55 _@jb55.com 3 months ago
nevent1qqsgdcm23slfg6seqlhwkv26es9w394gkl0y4mdcz6nuk4pu75wajggw3j8rr
JackTheMimic's avatar
JackTheMimic 3 months ago
I'll type this in ancient Odell script so you might understand. BLOCKS AND UNCONFIRMED TRANSACTIONS ARE NOT THE SAME THING. Do you think that statement is true or false?
jb55's avatar
jb55 _@jb55.com 3 months ago
Of course they are not the same, but for the purpose of “will i relay this tx” at the end of the day they are the same, just different timing.
JackTheMimic's avatar
JackTheMimic 3 months ago
Do blocks= txs? You see, I don't have a choice on whether to relay a BLOCK but I do have a choice whether to relay a single TRANSACTION. So, an analogy: If I deliver packages and letters but a letter comes through witha giant dick drawn on the face of it. I can mark that letter as "Undeliverable" and send it back to sender. BUT if that SAME LETTER is in a box with a bunch of other letters I MUST deliver the box even if there are bad letters inside. I am fine with this as it doesn't break my delivery rules.
jb55's avatar
jb55 _@jb55.com 3 months ago
The problem is that you would have to censor coin *spends* to censor witness jpgs, which I can’t imagine we will ever do
jb55's avatar
jb55 _@jb55.com 3 months ago
sounds like a lot of cope when you will end up relaying the tx regardless, but i guess if it makes you feel better somehow then sure
Definitely not. But what about within the scope of OP return? While not perfect, we should at least be directionally moving towards this usage being harder not easier. That’s another sentiment most Knots users have which Core doesn’t appreciate. I haven’t gone through the entire history of Bitcoin but to be honest, I speculate there already is a lot of stuff on-chain which is potentially illicit. Filters are never going to be perfect but giving up is also not acceptable.
jb55's avatar
jb55 _@jb55.com 3 months ago
We could hardfork a hard cap to its size, but it would just push people to solutions that would bloat the utxoset which could be really bad
JackTheMimic's avatar
JackTheMimic 3 months ago
So to review you conflate two separate things, you say something is inevitable despite the goal is never stated, then because you can't comprehend people not applying information theory to the hacking of a monetary network, they are "coping". I am crazy to keep talking with you, I need to really stop doing this.
JackTheMimic's avatar
JackTheMimic 3 months ago
Or you could return to the original usecase and remove OP_RETURN from standardness.
I’ve never understood the bloat argument. If you have a block full of 4,000 monetary transactions, doesn’t that ‘bloat’ it just as much as 4,000 spam transactions? Is it an issue due to the amount of dust addresses spam creates? Also, uncapped OP return allows for decently big JPEGs to easily get on chain. Do other methods of embedding arbitrary data also allow for that size?
JackTheMimic's avatar
JackTheMimic 3 months ago
The "set" of UTXOs would be larger if packed into pubkeys (multisigs where the pubkey outputs are the actual data not "real" keys) This puts more demand on your node from a validation and storage perspective. This means it's more expensive to run a full archival node. OP_RETUN data can be pruned as it has no effect on the chainstate.
jb55's avatar
jb55 _@jb55.com 3 months ago
no, op_return are provably unspendable, meaning you can prune them from the utxoset. If you store data in bare pubkey outputs (like the butcoin whitepaper): These are *permanent* and you have to store them forever, even on pruned nodes, since you can’t prove they are unspendable. This would be a growing fixed size burden for pruned nodes which is really bad. Thats why encouraging op_return for data is a good thing, even if it’s not the most economical compared to witness data.
jb55's avatar
jb55 _@jb55.com 3 months ago
of course you could try to do something about it, but it would have to be pretty heavy handed, require hard forks, and have lots of complicated rules to try to censor any form of data looking transaction. But again it would just push people into using steganography and hiding data in keys (utxo bloat) which would be impossible to detect automatically. Its a censorship resistant network, i don’t see how you’re going to stop people from spending money to get these types of transactions in
I like small blocks. I can’t see it ever happening. I’ll continue to run core version 25.1.0 for now. I appreciate your time and effort. We should’ve scaled slower, lightning allows for billions of transactions a year which has pushed the cost down so low.
jb55's avatar
jb55 _@jb55.com 3 months ago
Whats funny? I don’t think spam and jpegs are legitimate usage of bitcoin, but i also accept i can’t stop them.
frphank's avatar
frphank 3 months ago
It bought you a pin at Bitcoin Asia the other day the whole rest of the trip was paid in fiat.
jb55's avatar
jb55 _@jb55.com 3 months ago
Yes i also agree we should be trying to make it a medium of exchange and not just a store of value, since that should help adoption and get freedom units in the hands of more people
jb55's avatar
jb55 _@jb55.com 3 months ago
I mean gold has been trying to be money for centuries and it kept getting corrupted, maybe an incorruptible alternative could work.
Moontaigne's avatar
Moontaigne 3 months ago
I think the Knot's folks believe the marginally more expensive economic hurdle (to go out of band) makes an impact to reduce non-monetary tx's, and that with larger adoption of a loose consensus of such deterrents, the effect would grow towards an effectively full deterrence (or much greater than now). It's a valid argument and hypothesis, and I'd like to see it tested, not talked down as not a valid hypothesis.
Campy's avatar
Campy 3 months ago
You can get 2TB now for not more than 100 bucks and that would be sufficient for several years. So it's a non-issue.