What do be your thoughts on Knots and Core?
Discussion
I assume you mean more broadly on op return and not the two implementations.
Mine? lol, they don't matter and I haven't done enough considering to have a strong opinion yet. I find myself agreeing with any well laid out argument made at this point (very uncool, I know).
ATM lean toward being annoyed with core. Leave the default alone, and keep option available. Faster block propagation times seem like a more sound argument than fee estimation for what they're doing (honestly don't personally care about fee estimation right now). But haven't seen any hard numbers on the impact of fragmented mempool on block prop speed. Is it minor, very big? How many seconds we taking about on average?
Yeah I mean about running nodes, not necessarily miners. I think the removal of configuration options is the red flag.
Yes. I don't appreciate the use of soft power to change things. Hope I partially answered your question. Hard to get into details much on phone typing interface
Totally, I just wanted to hear your side
Yeah, sticking point for me is still that I'd like impact quantified. I suspect it's negligible delays on block propagation, so impact to small miners isn't that big a deal, and the whole miner centralization argument hinges on this as far as I can tell. Fees shmees, nobody cares (maybe lightning heavy users do...not sure).
Yeah I feel like a lot of dorks are missing the forest in the trees with that stuff. Like fucking relax, maybe I'll change my mind when I have larger transactions but I still use on chain and wait for low fees sometimes. Like Bro at least it isn't ACH taking days to clear or having weekends and holidays off.
Which leaves utxo bloat the issue, I guess. Here I'm too ignorant to say much. I know some stuff would likely move over to op return which can be pruned, so improves health of utxo growth rate, but trade off is relaying spam more. I don't know that this would even be a lasting equilibrium, and that other types of spam wouldn't come back to utxo set later. Sigh...🤷♂️
I feel like the bigger thing is Bitcoin being accepted by merchants and government adoption. Otherwise just stay humble and stack sats
And yeah why wouldn't Core be the most default most neutral?