Luke-Jr [ARCHIVE] on Nostr: 📅 Original date posted:2013-06-06 📝 Original message:On Saturday, June 01, 2013 ...
📅 Original date posted:2013-06-06
📝 Original message:On Saturday, June 01, 2013 7:30:36 PM Peter Todd wrote:
> scriptPubKey: <data> OP_TRUE
>
> ...
> Along with that change anyone-can-spend outputs should be make IsStandard()
> so they will be relayed.
Data does not belong in the blockchain. People running nodes have all
implicitly agreed to store the blocks for financial purposes, and storing data
is a violation of that social contract. Proof-of-stake may be arguably
financial, but I'm sure there must be a way to do it without spamming people
against their consent.
> The alternative is sacrifices to unspendable outputs, which is very
> undesirable compared to sending the money to miners to further
> strengthen the security of the network.
The alternative is to make other standard outputs unable to store data as
well.
Luke
Published at
2023-06-07 15:02:42Event JSON
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"content": "📅 Original date posted:2013-06-06\n📝 Original message:On Saturday, June 01, 2013 7:30:36 PM Peter Todd wrote:\n\u003e scriptPubKey: \u003cdata\u003e OP_TRUE\n\u003e \n\u003e ...\n\u003e Along with that change anyone-can-spend outputs should be make IsStandard()\n\u003e so they will be relayed.\n\nData does not belong in the blockchain. People running nodes have all \nimplicitly agreed to store the blocks for financial purposes, and storing data \nis a violation of that social contract. Proof-of-stake may be arguably \nfinancial, but I'm sure there must be a way to do it without spamming people \nagainst their consent.\n\n\u003e The alternative is sacrifices to unspendable outputs, which is very\n\u003e undesirable compared to sending the money to miners to further\n\u003e strengthen the security of the network.\n\nThe alternative is to make other standard outputs unable to store data as \nwell.\n\nLuke",
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