Re: 'Attack on Bitcoin’ Claims Circulate as Transaction Fees Climb Higher
I don't know but the Bitcoin developer or the ordinal developer should figure this out or the fee will be this high for a long time.
There is no "Ordinals developer". There's only a bunch of people throwing programming shit at the wall to see what sticks.
As for bitcoin developers, well the default tendency is to do nothing, except for a small minority of them.
There's no easy way to undo ordinals at this point. You are going to need to gather enough capital and mining power involved to basically push for what would be a BTC hardfork without ordinals, and this would need to be done in a way that guarantees no future ordinals are possible, but then again, how do you this without causing another hardfork civil war, and how do you do it without getting rid of taproot? because if taproot is possible, I believe there could be ways around any restrictions put into ordinals to come up with alternatives.
theres no need for a hardfork, miners could mine empty blocks if they so choose, a softfork of the minning software which allows minners to choose to filter out the ordinal spam would be a softfork.
and indeed this it seems to be happening.
It appears the writer of this news article does not read between the lines hehehee. Luke Dashjr did not capitulate on his criticism on Ordinals. What Ocean Mining is only doing is it will recommend 3 block templates for their miners and let them decide what they want to use. I speculate that this is only the beginning. Luke Dashjr might have a roadmap already created to minimize Ordinals' effect on fees.
Sarcastic Luke
Bitcoin developer Luke Dashjr fought the rise of Ordinals, which he called "spam," but now his mining pool is allowing them.
A prominent Bitcoin Core developer and Ordinals critic, Luke Dashjr, may have had a change of heart about the NFT-like assets. Or at the very least, his company is moving beyond his own hardline stance around Ordinals.
With the update, Ocean says, miners can choose from three block template policy options: Ocean Recommended, focusing on what the company calls “real” financial transactions with minimal spam; Bitcoin Core with the “Ordisrespector” spam filter; and the unmodified Bitcoin Core, mirroring other pools with fewer financial transactions but more “spam”—meaning Ordinals and BRC-20 token transactions.
Source https://decrypt.co/210662/bitcoin-ordinals-critic-caves-jack-dorsey-backed-ocean-mining-pool-flips-inscriptions
Sarcastic Luke
Bitcoin developer Luke Dashjr fought the rise of Ordinals, which he called "spam," but now his mining pool is allowing them.
A prominent Bitcoin Core developer and Ordinals critic, Luke Dashjr, may have had a change of heart about the NFT-like assets. Or at the very least, his company is moving beyond his own hardline stance around Ordinals.
With the update, Ocean says, miners can choose from three block template policy options: Ocean Recommended, focusing on what the company calls “real” financial transactions with minimal spam; Bitcoin Core with the “Ordisrespector” spam filter; and the unmodified Bitcoin Core, mirroring other pools with fewer financial transactions but more “spam”—meaning Ordinals and BRC-20 token transactions.
Source https://decrypt.co/210662/bitcoin-ordinals-critic-caves-jack-dorsey-backed-ocean-mining-pool-flips-inscriptions
Good!
but thats now how much % of he hashrate will filter out ordinal? are minners really going to turn down short term profits for the good fo the network?