Nostr Web Client

Inscriptions continue to be the most efficient use of layer 1 mainnet blockspace for arbitrary data that has the least negative impact on others.

I will continue supporting people who follow #ordinals and want to use #inscriptions for distribution of information in a permissionless way.

I will not be swayed by frauds claiming Bitcoin transactions that are embedding arbitrary data are exploiting the network or a bug needing to be fixed.

I will not support the development or applications etc around tokenized inscriptions.

I also support those looking to migrate to sidechains like Liquid for cheaper fees.

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Discussion

Toxic Sara 2y ago

The blocksize should be reduced to 1kb.

Nice and Kind Vic 2y ago

It would be interesting to do so, particilularly if still bound by 10 minute blocktimes. Fees would skyrocket, making mainchain only viable for overly expensive transactions of the elitist class

Fiat Shenanigans 🤡🌎 2y ago

We shall agree to disagree on this point.

Nice and Kind Vic 2y ago

as one should until convinced otherwise.

im not here to convince you, but i will stand on the side of technological freedoms and censorahip resistance.

Fiat Shenanigans 🤡🌎 2y ago

IMO trustless P2P electronic cash is the original and only valid use case and anything that deviates from that should be rejected. If somebody wants to add non-financial functionality to Bitcoin then they should fork it to do so like so many others have done.

ben 2y ago

what about “a peer-to-peer electronic cash system“ says arbitrary data store?

Nice and Kind Vic 2y ago

Define `cash`

average_bitcoiner 2y ago

DON’T YOU DARE WRITE ON MY DOLLAR BILL!

Nice and Kind Vic 2y ago

average_bitcoiner 2y ago

🤝

Nice and Kind Vic 2y ago

yep. i dont have to like what people do with it.

average_bitcoiner 2y ago

Agreed. Nostr is for nuance.

ben 2y ago

the kind used in “online payments” in the context of “financial institutions”.

here, read this: https://bitcoin.org/bitcoin.pdf

GameBoyBTC 2y ago

A thorny debate of late. I would say that those transactions of ordinals and the like are compliant with the rules of the game (even leaving out transactions like Whirpool and the Pynyms). And rushing patches to the base client like Bitcoin Core can be a dangerous thing. For rushing around, the bigblockers wanted a solution already and there was the whole war that ended in 2017