Post
Topic
Board Bitcoin Technical Support
Re: [May 2023] Fees not low! Wait for opportunity to Consolidate your small inputs
by
NotATether
on 07/05/2023, 16:44:04 UTC
brc-20 tokens
~
Last 24 hours:
92,159 minted
+14,405,820 JAKE, +18,708,000 fuck, +89,760 subC, +430,100,000,000 sats, +9,552 data, 36,112 other
https://brc-20.io/
Crazy! I have no other word for it.
I've been wondering for a while what would be next after altcoins, ICOs, Forkcoins, DeFi and NFTs. I guess the next pyramid scheme is making up BS on the Bitcoin blockchain. As usual, a few people will get very rich out of this, and many people will lose money. All I can do is warn against it.
Do people not understand they need some centralized service to "use" their made-up tokens, which goes against everything Bitcoin stands for? So, when they think they have this, in reality they have only Bitcoin dust!

Hey miners, I have an idea: to profit off this madness, how about you only include Taproot transactions if they pay 10 times more than other transactions? Make them pay for it!

You already have an obscene amount of merit  Tongue but this is so freaking on the point that I decided to drop you +20.

An alternative would be to set up a mining pool that only mines Bitcoin transactions.

No Ordinals, no BRC-20, counterparty, RGB, nothing. No way to force the pool to accept these transactions as they should just be mined by some greedy pool instead.

Said pool will miss out tons on transaction fees will will be able to take pride in knowing that they are not screwing over the entire network that their business has been set up to serve.