ynniv on Nostr: Let me see if I have this right: - People are already making huge transactions - ...
Let me see if I have this right:
- People are already making huge transactions
- Since there's a limit on OP_RETURN, they're stuffing them all over the place
- Either way they're paying for the vbytes
- Blocks will have the same size regardless of what's in them
- The limit on OP_RETURN increases complexity
- This is a effectively a tax on high-data transactions
It seems to me that the decision is between artificially keeping fees low, and rewarding miners. Given the importance of a healthy mining ecosystem, shouldn't we favor free market vbytes?
Published at
2025-05-05 13:56:50Event JSON
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"content": "Let me see if I have this right:\n - People are already making huge transactions\n - Since there's a limit on OP_RETURN, they're stuffing them all over the place\n - Either way they're paying for the vbytes\n - Blocks will have the same size regardless of what's in them\n - The limit on OP_RETURN increases complexity\n - This is a effectively a tax on high-data transactions\n\nIt seems to me that the decision is between artificially keeping fees low, and rewarding miners. Given the importance of a healthy mining ecosystem, shouldn't we favor free market vbytes?",
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