SteveW928 on Nostr: IMO, but big point of the debate is around growth of the blockchain. Monetary ...
IMO, but big point of the debate is around growth of the blockchain. Monetary transactions take up a small amount of space, but much of this spam is exploiting data/filtering limit holes, for example in SegWit additions to Bitcoin.
This means data storage requirements to run a node have been growing at a much more rapid rate. This makes node running less accessible/more expensive, and take a lot longer for an initial sync (and more network resources).
The Bitcoin network needs more nodes, not less. Thus, this is a threat to the primary objective of Bitcoin in the first place. There really is no need for non-monetary transactions, especially if they harm Bitcoin in any way.
Published at
2025-05-01 23:36:08Event JSON
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"content": "IMO, but big point of the debate is around growth of the blockchain. Monetary transactions take up a small amount of space, but much of this spam is exploiting data/filtering limit holes, for example in SegWit additions to Bitcoin.\n\nThis means data storage requirements to run a node have been growing at a much more rapid rate. This makes node running less accessible/more expensive, and take a lot longer for an initial sync (and more network resources).\n\nThe Bitcoin network needs more nodes, not less. Thus, this is a threat to the primary objective of Bitcoin in the first place. There really is no need for non-monetary transactions, especially if they harm Bitcoin in any way.",
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