Just did a little sleuthing on the OP_RETURN > 83 bytes from @oomahq

's post (https://x.com/oomahq/status/1916793928025596338).

There were 30 such transactions in the ~4 month period:

8 had reasonable fees (< 2x the median for the block)

11 had around double fees

7 had around triple fees

4 had 5x-8x fees

9 were mined by F2Pool (10-11%)

21 were mined by Mara (6-7%)

So in general, the OP_RETURN filter means the non-standard transactions were on average paying a good deal more than normal transactions to get into a block. And since only about 18% of the hashing power seems to mine them, they had to wait 5-6x longer to confirm.

If the point of filters is to make spamming cumbersome and costly, I'd say that they're doing their job. TX IDs in the first comment so you can look for yourself.

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Man, I am back and forth like whip lash on where I stand on this. Spam sucks, Core should be more thoughtful with communication, but I can’t decide if the filters make a lick of difference when they can go direct to miners to get in a block. Maybe there is a way to incentivize people to spam less? Like a social engineering angle?

The crux of this is that Etherium gas-fees became too exorbitant to justify the overwhelming and various “wild west” of spamming, and therefore as Eth fell out of favor, the grifters moved to Bitcoin - spurred by an unrecognized opportunity in the Taproot upgrade.

And now, because they drove fees high on the Bitcoin mainchain, they’ve recognized a change to leverage the core Bitcoin node software itself.

It’s not about anything but letting Bitcoin be Bitccoin.

It’s not about Bitcoin supporters doing anything.

But it IS about not allowing the easy grifters to go unchallenged.

30 Tx over 4 months is not something to be concerned about in terms of your mempool accuracy. Smaller miners aren't missing out on a tonne of fees either.

This suggests to me that increasing the OP_RETURN is more about some other functionality that it would enable.

I do think it's about using the timechain to store data, but probably not monkey JPEGs.

nostr:nevent1qqstnd8e8pc2q5jfthrc6ucw80g8k6nt7jav6xw93cctltyn8eh5mnqpzdmhxue69uhhwmm59e6hg7r09ehkuef0qgs8k0mcqd6sw3h524qn5gslszt9am9knmes3uh268dgnnpv3yfwj6qrqsqqqqqp7yz93l

Are you sure they paid extra fees in order to get into the block vs it being down to sub-optimal fee estimation?

It's curious that they are getting mined by f2pool.

Implies that f2pool accepts TX out of band and not just acceleration.

More miners should allow out of band TX to avoid centralizing to Marathon who makes thus easiest with the 2x rate in slipstream.

Oh come on Jimmy. Lots of transactions in general pay too high a fee. With such a small sample size that’s not evidence of anything.

Yes, IIRC Slipstream charges something like 2x for its use. Your data lines up pretty good with that. But that also doesn’t imply anything about standardness materially increasing the cost (F2Pool doesn’t charge extra at all!).

More importantly, if there’s any material sustained demand is your claim seriously that miners wouldn’t just run Libre Relay and instead watch their competition make 3% more revenue (a huge increase in profit!)? Or are you claiming they’ll just go out of business and this is good for bitcoin?

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Well researched Jimmy. It certainly makes sense to filter spam transactions or you encourage more of that type of thing.