bogi on Nostr: I'm not worried about going direct to mining pools. I think it's about the utxo set ...
I'm not worried about going direct to mining pools. I think it's about the utxo set and not even the size but probably the added processing needed to do the IDB and full validation. I was trying to think of the absolute worst case scenario were every single sat is used in its own utxo and inscribed with the max 4mb of garage data. How big would that make the utxo, how long would it take to get there and how long would it take to do a full validation. Then try that scenario with what might actually be possible in reality. Like how bad could it actually get. I didn't really think it through. Full nodes need to be able to do full validation and not rely on shortcuts. So writing all that out it does seem like unlocking op return is good as it would require less processing during full validation. And then if you still see transactions using inscriptions or whatever then you can reason that it's adisguised attack on Bitcoin.
Published at
2025-05-03 00:50:25Event JSON
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"content": "I'm not worried about going direct to mining pools. I think it's about the utxo set and not even the size but probably the added processing needed to do the IDB and full validation. I was trying to think of the absolute worst case scenario were every single sat is used in its own utxo and inscribed with the max 4mb of garage data. How big would that make the utxo, how long would it take to get there and how long would it take to do a full validation. Then try that scenario with what might actually be possible in reality. Like how bad could it actually get. I didn't really think it through. Full nodes need to be able to do full validation and not rely on shortcuts. So writing all that out it does seem like unlocking op return is good as it would require less processing during full validation. And then if you still see transactions using inscriptions or whatever then you can reason that it's adisguised attack on Bitcoin. ",
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