Obviously removing OP_return limits is a bad idea, but I don’t think Blockstream left the community many other options. After backstabbing miners by not living up to promises made in the New York agreement and instead crippling Bitcoin, toxic maxis thought they were untouchable. It seems chasing away those who wanted to grow the Bitcoin ecosystem bought them a few years, but they’re seemingly now being overwhelmed with people sick of their idiotic approach to scaling Bitcoin. Is removing OP_return limits a bad idea? Yes. Is this exactly what core developers deserve? Also yes. Until they actively push to raise the blocksize limit to 2mb and fulfill their 2017 obligation that was made in a compromise to get segwit activated, I cannot respect the Blockstream team or anything they do.
That solves nothing. If you double the blocksize, so what, you make it cheaper to send transactions, and you also allow
further spam
and make it more difficult to maintain nodes. You also start a clusterfuck of hardfork drama again. And we don't even have anywhere near full blocks. People are not using BTC massively for transactions, they use it as a store of value. One of the worst things for store of value is these hardfork dramas, remember the price crashing when that was going on back
then on
on the various attempts at forking the chain. If there is demand for transactions, then the fees will go up, and those that pay more will have a priority. If fees are too high for small transactions, then LN was supposed to fix this. If not, then oh well, what can you do. What I don't understand is just allowing further spam because "people will find alternatives to spam".
I think those that argued BTC should just stay with legacy addresses without no layers of complexity were probably right. Trying to make Bitcoin cheaper has brought all these new exploitable angles.