wymike on Nostr: Im not sure what you’re trying to tell me with the first bit of the post. Is it ...
Im not sure what you’re trying to tell me with the first bit of the post. Is it that no-one is currently making out if band transactions directly with miners? If so, considering that fees are currently so low, wouldn’t this mean that there is little to no demand for these types of transactions? And if there is no demand now why would that change if the OP_RETURN limit is removed?
I’m not an expert. All I can go on is what I have read and heard and form my own opinion. Write or wrong I just don’t see it as being that big a deal. As long as miners choose what goes into a block people are going to get non financial transactions onto the blockchain if they really want to.
All the JPEG spam stopped not because it was too hard but because it was too costly. I think the same economics will play out here.
Published at
2025-05-09 03:31:42Event JSON
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"content": "Im not sure what you’re trying to tell me with the first bit of the post. Is it that no-one is currently making out if band transactions directly with miners? If so, considering that fees are currently so low, wouldn’t this mean that there is little to no demand for these types of transactions? And if there is no demand now why would that change if the OP_RETURN limit is removed?\n\nI’m not an expert. All I can go on is what I have read and heard and form my own opinion. Write or wrong I just don’t see it as being that big a deal. As long as miners choose what goes into a block people are going to get non financial transactions onto the blockchain if they really want to.\n\nAll the JPEG spam stopped not because it was too hard but because it was too costly. I think the same economics will play out here.\n\n",
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