A distorted system *itself* creates incentives for rational actors to destroy long-term value. You either try to fix the system to prevent such behaviour, or see it crumble under its own weight. The only question is when, not if. I think we have enough evidence for such systems in the real world to know that Iām not wrong.
to fix the incentive misalignment you need to make spam consensus invalid. then there is no problem.
one example is baremultisig which nobody uses for non-spam purposes. so making creating new such outputs (not spending them) invalid by consensus would be perfectly fine.
To fix the incentive misalignment you need to reduce mining centralisation.
Your nuclear solution will probably work once until a new data scheme finds a way around your change, if not earlier, provided that you need at least 6 months of preparation and farming consensus for the activation.
it's no coincidence that we are where we are.
