leohaf at orangepill.ovh [ARCHIVE] on Nostr: 📅 Original date posted:2023-07-26 🗒️ Summary of this message: Inscriptions ...

📅 Original date posted:2023-07-26
🗒️ Summary of this message: Inscriptions are a major spam attack in the Bitcoin network, and not taking action against them could encourage more similar attacks in the future. Adding a standardization option could be a solution.
📝 Original message:
I understand your point of view. However, inscription represent by far the largest spam attack due to their ability to embed themselves in the witness with a fee reduction.

Unlike other methods, such as using the op_return field which could also be used to spam the chain, the associated fees and the standardization rule limiting op_return to 80 bytes have so far prevented similar abuses.

Although attempting to stop inscription could lead to more serious issues, not taking action against these inscription could be interpreted by spammers as tacit acceptance of their practice. This could encourage more similar spam attacks in the future, as spammers might perceive that the Bitcoin network tolerates this kind of behavior.

I want to emphasize that my proposal does not involve implementing a soft fork in any way. On the contrary, what I am asking is simply to consider adding a standardization option. This option would allow the community to freely decide whether it should be activated or not.


> Le 26 juil. 2023 à 07:30, vjudeu at gazeta.pl a écrit :
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>> and I would like to understand why this problem has not been addressed more seriously
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> Because if nobody has any good solution, then status quo is preserved. If tomorrow ECDSA would be broken, the default state of the network would be "just do nothing", and every solution would be backward-compatible with that approach. Burn old coins, and people will call it "Tether", redistribute them, and people will call it "BSV". Leave everything untouched, and the network will split into N parts, and then you pick the strongest chain to decide, what should be done.
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>> However, when it comes to inscriptions, there are no available options except for a patch produced by Luke Dashjr.
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> Because the real solution should address some different problem, that was always there, and nobody knows, how to deal with it: the problem of forever-growing initial blockchain download time, and forever-growing UTXO set. Some changes with "assume UTXO" are trying to address just that, but this code is not yet completed.
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>> So, I wonder why there are no options to reject inscriptions in the mempool of a node.
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> Because it will lead you to never ending chase. You will block one inscriptions, and different ones will be created. Now, they are present even on chains, where there is no Taproot, or even Segwit. That means, if you try to kill them, then they will be replaced by N regular indistinguishable transactions, and then you will go back to those more serious problems under the hood: IBD time, and UTXO size.
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>> Inscriptions are primarily used to sell NFTs or Tokens, concepts that the Bitcoin community has consistently rejected.
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> The community also rejected things like sidechains, and they are still present, just in a more centralized form. There are some unstoppable concepts, for example soft-forks. You cannot stop a soft-fork. What inscription creators did, is just non-enforced soft-fork. They believe their rules are followed to the letter, but this is not the case, as you can create a valid Bitcoin transaction, that will be some invalid Ordinals transaction (because their additional rules are not enforced by miners and nodes).
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