Post
Topic
Board Development & Technical Discussion
Re: Requesting Testnet4 tBTC
by
LoyceV
on 25/10/2024, 15:00:04 UTC
We frequently notice this behavior in main net as well, where large fees correspond to real world, hard money.
On real Bitcoin, I always assumed the data spam was meant to sell their made-up tokens to gullible people, at a profit. By my estimate, fees for data spam add up to hundreds of millions of dollars.

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In here, you can fill blocks, essentially, for free. So perhaps Ordinal users, or whoever thought of a new bloating-chain idea, test their software in the new testnet4.
Maybe.

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I still don't understand why people give value to large sums of the testnet4
My guess is speculation on a future price increase. Compared to the fees spent on on-chain Bitcoin data spam, this is cheap.

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what we can do to disincentivize this activity.
I'm starting to think it's futile.