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Scraped on 19/05/2025, 19:52:16 UTC
Those 10-20% you worry about are mostly coming from large private farms that deliberately avoid tagging their coinbases to stay under the radar -- not from tiny hobbyist miners.
Okay, I may be a bit less worried in this case. Basically you state that in the current mining landscape a centralization effect is negligible. I'd still argue there may be a long term effect that could change this (e.g. all larger pools offering Slipstream-style accelerators) and above all smaller pools could be at disadvantage, but that's speculation as we don't know what will happen in a few years.

(Edit:) What I wanted to add is that these problematic effects could increase if such things like the "non standard tokens" gained traction. I hope we'll not see this, but it is a possibility, as we have seen with BRC-20 even completely stupid protocols (I don't want to insult the creator as it was an experiment, more those who used it afterwards to speculate) can generate enormous and potentially harmful fads.

The main problem is that the frog video is now part of the UTXO set.
At least they used the Taproot exploit and not the "fake address" method, so only one small output is in the UTXO set. And I guess it may be even spendable, as it's value is above the dust limit. I don't know the Ordinals format well enough however, I guess this output will only be spent when the owner of this Inscription changes.

In the case of OP_RETURN, such "accidental" outputs can also occur (as long as there is no Ordinals variant based on OP_RETURN  Roll Eyes), but as they're not related to ownership they should be spent fastly.

They could go one step further by excluding TX that create new P2MS output, since AFAIK there's no wallet software create P2MS output these days.
But then we would again arrive at the cat and mouse game gmaxwell mentioned. They would probably simply use other kinds of outputs for their next version, and that one would potentially not be distinguishable from regular payments anymore.
Original archived Re: Removing OP_return limits seems like a huge mistake
Scraped on 19/05/2025, 19:47:25 UTC
Those 10-20% you worry about are mostly coming from large private farms that deliberately avoid tagging their coinbases to stay under the radar -- not from tiny hobbyist miners.
Okay, I may be a bit less worried in this case. Basically you state that in the current mining landscape a centralization effect is negligible. I'd still argue there may be a long term effect that could change this (e.g. all larger pools offering Slipstream-style accelerators) and above all smaller pools could be at disadvantage, but that's speculation as we don't know what will happen in a few years.

The main problem is that the frog video is now part of the UTXO set.
At least they used the Taproot exploit and not the "fake address" method, so only one small output is in the UTXO set. And I guess it may be even spendable, as it's value is above the dust limit. I don't know the Ordinals format well enough however, I guess this output will only be spent when the owner of this Inscription changes.

In the case of OP_RETURN, such "accidental" outputs can also occur (as long as there is no Ordinals variant based on OP_RETURN  Roll Eyes), but as they're not related to ownership they should be spent fastly.

They could go one step further by excluding TX that create new P2MS output, since AFAIK there's no wallet software create P2MS output these days.
But then we would again arrive at the cat and mouse game gmaxwell mentioned. They would probably simply use other kinds of outputs for their next version, and that one would potentially not be distinguishable from regular payments anymore.