Post
Topic
Board Development & Technical Discussion
Re: BRC-20 needs to be removed
by
ETFbitcoin
on 08/06/2023, 10:04:18 UTC
I agree that storage-wise, it's nothing much. But how about CPU speed, where we know Silicon chip reaching it's limit?
i didn't realize cpu speed is an issue when running bitcoin core. i am sure that a simple dual core cpu from 2010 would be fine still in 10 years for running bitcoin core just like it probably is today. a core i5 would be better but i'm not sure it's really necessary. but bitcoin doesn't need high end cpus. it never will.

The CPU speed issue is mostly when someone download and verify whole blockchain though. Bitcoin Core (and probably few other software) already optimize it by skipping some signature/script check through assumevalid parameter.  But after it's done, i agree even a decade old CPU can run full node with little or no performance problem.

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How about internet connection, where we know some country and region has either poor or expensive internet connection?
if someone doesn't have a 100Mbps download speed today they are in the stone ages, just being honest. If in 10 years they're still in that situation then they really have no business downloading a 1Terabyte blockchain. Just being honest. There's companies who just don't want to increase their customers speeds so they try and force them to stay at lower speeds too but that's a different story.

I guess me and people on most country[1] still in stone age Tongue

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So from my perspective, the only way I could get behind a boycott of BRC-20 would be to also remove the Lightning Network,

... this wouldn't make sense, because then BRC-20 would simply use another token technology. There are even methods which do not even require OP_RETURN.

On top of that, such method already known if people bother read history of token/colored coins on Bitcoin in older days. For example, OmniLayer docs mention 3 different ways to do[2].

[1] https://www.speedtest.net/global-index
[2] https://github.com/OmniLayer/spec/blob/master/OmniSpecification.adoc#embedding-omni-transactions-in-the-blockchain, section 6.3 - 6.5