1. “100% futile”
• Not futile; Bitcoin Knots offers privacy enhancements and mempool filtering, benefiting monetary users.
2. “Does nothing to prevent JPEGs from being added to the blockchain”
• Knots’ stricter mempool policies can filter non-standard transactions like large OP_RETURN data, reducing such inclusions.
3. “Does nothing to prevent blocks from being bloated”
• Knots prioritizes standard transactions, indirectly reducing bloat from data-heavy transactions within its mempool.
4. “Does nothing to help miners centralization—makes it worse”
• No evidence it worsens centralization; Knots’ features could give miners more transaction control, potentially aiding smaller miners.
5. “Does nothing to increase the cost of ‘spam’”
• Knots’ mempool filters raise fees for non-standard transactions, increasing spam costs, though out-of-band transactions remain a broader issue for now.
6. “Does nothing to make bitcoin better money”
• Improves fungibility via privacy features, enhancing Bitcoin’s monetary properties for some users.
7. “It’s all a LARP by losers”
• Ad hominem; Knots is a technical project with practical features, not mere virtue signaling.