Site iconSite icon ForkLog

Author of ‘The Bitcoin Standard’ Backs Blockchain Spam Mitigation Effort

Author of 'The Bitcoin Standard' Backs Blockchain Spam Mitigation Effort

Economist and author of “The Bitcoin Standard,” Saifedean Ammous, expressed willingness to “throw in a few satoshis” to support a specialist focused on complicating and increasing the cost of spam on the blockchain of the first cryptocurrency.

Ammous drew parallels between unwanted messages on the network and email.

“It’s not easy. But it’s worth trying to help spammers go bankrupt faster,” he explained.

The economist argued that such efforts do not constitute censorship, noting that node operators already reject invalid transactions.

The expert joined debates regarding the proliferation of Ordinals “inscriptions.” The discussion reflects ongoing tensions within the community about network usage.

According to Mempool Research, the spread of “inscriptions” could lead to an increase in the average block size to 4 MB, significantly higher than the current 1.5 MB.

Developer known as GrassFedBitcoin believes the lack of filtering tools contributes to unnecessary blockchain “bloat” and undermines the role of digital gold as a monetary protocol.

The expert urged Bitcoin Core to consider request 28408, which would empower node operators with the necessary authority to limit spam.

GrassFedBitcoin noted that currently, few are interested in including “inscriptions.” In the past, increasing the OP_RETURN limit was justified by false assumptions, the specialist added.

He advocated for a customizable default policy that prevents the use of Bitcoin for storing JPEG files rather than monetary data.

Blockstream CEO Adam Back challenged this proposal, describing filtering as an “arms race.”

In his view, spam data embedded in Bitcoin transactions can be endlessly modified using code structures, necessitating regular updates to filtering tools.

Earlier, Ammous dismissed the negative impact of institutional players on the first cryptocurrency.

Previously, Block CEO Jack Dorsey was among the experts who supported the proposal to remove satoshis as the base unit of digital gold.

Exit mobile version