Why Nostr? What is Njump?
2025-05-10 05:21:09
in reply to

cosmic on Nostr: What Jameson Lopp means is that Bitcoin’s current 80-byte OP_RETURN filter ...

What means is that Bitcoin’s current 80-byte OP_RETURN filter centralizes mining: big pools with private relay connections can bypass it, giving them exclusive access to lucrative data transactions. Smaller miners and public nodes are effectively left out.

I believe removing this filter too early will shift centralization elsewhere. Without consensus rules blocking off-curve pubkeys or proper fees for storage, we’ll invite spammers to stuff data cheaply into the blockchain, bloating chain history and the UTXO set. That raises the costs of running full nodes, ultimately pushing validation into fewer hands and centralizing the network at a different layer.
Author Public Key
npub1w78wrepa4wz50dvqlqhfel834gv3282grjeg5cw2e63eqszny2ms2j0vtt