Quote from: Bitcoiner317 on Today at 11:47:05 AM

Time will tell in my opinion. Its a slippery slope for sure. I wish this wouldnt have been possible without a hard fork, because now most people will probably just go with it. I am against NFTs on mainchain, thats for sure. But for now, fees remain unaffected and block size has risen only to the recent hype of ordinals. One can hope for the fad to pass and bloat to be released. IMO, blocks should remain as lean as possible. But the possibility to add more date to the chain could open new possibilities for feature on second layers.

It would've been better if this was built on some Layer 2 protocol, but now that the gates to L1 have already been opened, we will just have to put up with it.

Quote from: Artemis3 on February 08, 2023, 04:38:28 PM

I don't think its about censorship, but some of the suggestions made by franky1 make sense, stricter rules to ensure its bitcoin transactions and not bloat. This needs to be done before its too late...

Sure miners might enjoy the high fees, or even those interested in promoting parallel blockchains... Unfortunately this comes to the expense of nodes and actual bitcoin transactions.

Note that already half of the network is being polluted with this bloat. Now its a race of pushing down the transactions not belonging to whales. High priced NFTs are willing to pay the high fees a mundane transaction wouldn't. Who benefits more from this sabotage to Bitcoin?

I wonder how are these ordinals being created anyway? Like is there a special software that will mint some arbitrary (image) data but with dedicated addresses for this purpose?