There is no solution to spam other than small blocks and fee market - small blocks and fee market are hinting at higher cost to the spammers, and we'll everyone, forcing encoding in pubkey forces just that, the difference is that it punishes only spammers, not valid txs. Spammers right now have a discount, so in a fee market they still pay with a discount VS normal txs. So when ppl say fees are for spam, well, they have a discount, and forcing to use pubkeys increases their costs.

Replies (2)

They can pay high fees, just not for an extended ammount of time, because the payment would be higher than the ROI over time, in fact inscriptions died of a lot since their peak. what we can't say is fees handle it and they say making them pay more does nothing, either fees handles it or they don't. The problem is the incentives, segwit gave data a 75% discount, taproot gave 4MB data, and now more data space in a block with op_return. I'm not saying bip110 is the solution to all evils, but we need to change the incentives and make data more expensive than it is now.
โ†‘