You start censoring #Bitcoin transactions, where does it lead?
Mining pools eventually start censoring transactions govts dont like, citing ordinal censorship as the precedent.
So what if morons want to pay huge fees?
You start censoring #Bitcoin transactions, where does it lead?
Mining pools eventually start censoring transactions govts dont like, citing ordinal censorship as the precedent.
So what if morons want to pay huge fees?
Bitcoin is not a free for all. It's a system of rules that are purpose born. Somebody is exploiting a loophole in the current rule set to use it for purposes other than financial transactions. We don't even have enough block space for the original purpose. Bitcoin does not need to and should not carry other types of data. Other networks can serve those other purposes. Bitcoin is not and should not be the everything app.
Thats what the dynamic fee response is for.
Yes its annoying to see an unlucky transaction stuck in the mempool for a few days. Introducing transaction censorship will not stop at just ordinals and it will not prevent the eventual perpetually-high fees.
Satoshi's newspaper could be argued to be an ordinal. You and I just happen to not like shitty wizard jpegs. They are the same thing.
There is a use case for the ability to imbed information into an immutable blockchain.
😂😂😂 you could def make some great Walter memes
