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fade2 1 month ago
Can I posit something to you I've been thinking of? What if "spam" was able to fit in smaller blocks? Today spam requires a greater amount of blockspace but tomorrow it may not. Does the rationale change? Do we advocate for smaller block sizes? This is where I struggle. If an ordinal is going to pay an exorbitant amount to get into a block... Isn't that representative of a free market? Isn't that what bitcoin is about? Please school me!

Replies (1)

Fees don't price spam out, spam is getting larger. Look at the data. image Bitcoin mempool and blockchain is for monetary transactions. Spam currently takes more than 36% of the blockchain space and brings less than 1% of revenue for the miners. It devalues Bitcoin, its a waste, it makes running a node harder and it hinders decentralization. There are memcoins for spam and jpegs. Bitcoin is Freedom Money.