Christopher Allen [ARCHIVE] on Nostr: 📅 Original date posted:2023-01-31 🗒️ Summary of this message: Which is better ...

📅 Original date posted:2023-01-31
🗒️ Summary of this message: Which is better for placing 64 bytes into the Bitcoin blockchain: traditional OP_RETURN or spent taproot transaction? Debate on safety and uncensorability.
📝 Original message:All other things being equal, which is better if you need to place a
64-bytes into the Bitcoin blockchain? A traditional OP_RETURN or a spent
taproot transaction such as:

OP_FALSE
OP_IF
OP_PUSH my64bytes
OP_ENDIF

I know that the anti-OP_RETURN folk would say “neither.” But if there was
no other choice for a particular protocol, such as a timestamp or a
commitment, which is better? Or is there a safer place to put 64 bytes that
is more uncensorable but also does not clog UTXO space, only spent
transaction `-txindex` space?

My best guess was that the taproot method is better, but I suspect there
might be some who disagree. I'd love to hear all sides.

-- Christopher Allen
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