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Replying to Avatar Murch

The main reason to do it is the same reason as 2013: it's preferable for people to write into op_return outputs than into unspendable payment outputs. Dropping the limit makes OP_RETURN a reliable replacement for the latter which is currently standard and essentially unpreventable.

Data in OP_RETURN is significantly more expensive than data in inscriptions, so I have a hard time understanding the concern that the overall block space occupied by data transactions would increase.

Whether more should have been done about inscriptions seems like a separate debate that mostly muddies the water here.

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VOLKER - Voice Of Logic Knowledge Experience & Responsibility 7mo ago

Also: more data in OP_RETURN drives out data in witness part by 3:1, so blocks would tend to get smaller again, right

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Murch 7mo ago

Witness data is discounted by a factor four not three, but yeah, OP_RETURN data takes more blockspace and is more expensive to the same degree. Either way the sender pays for whatever blockspace they win the bid on.

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