Luke-Jr [ARCHIVE] on Nostr: 📅 Original date posted:2013-06-06 📝 Original message:On Saturday, June 01, 2013 ...
📅 Original date posted:2013-06-06
📝 Original message:On Saturday, June 01, 2013 7:30:36 PM Peter Todd wrote:
> scriptPubKey: <data> OP_TRUE
>
> ...
> Along with that change anyone-can-spend outputs should be make IsStandard()
> so they will be relayed.
Data does not belong in the blockchain. People running nodes have all
implicitly agreed to store the blocks for financial purposes, and storing data
is a violation of that social contract. Proof-of-stake may be arguably
financial, but I'm sure there must be a way to do it without spamming people
against their consent.
> The alternative is sacrifices to unspendable outputs, which is very
> undesirable compared to sending the money to miners to further
> strengthen the security of the network.
The alternative is to make other standard outputs unable to store data as
well.
Luke
📝 Original message:On Saturday, June 01, 2013 7:30:36 PM Peter Todd wrote:
> scriptPubKey: <data> OP_TRUE
>
> ...
> Along with that change anyone-can-spend outputs should be make IsStandard()
> so they will be relayed.
Data does not belong in the blockchain. People running nodes have all
implicitly agreed to store the blocks for financial purposes, and storing data
is a violation of that social contract. Proof-of-stake may be arguably
financial, but I'm sure there must be a way to do it without spamming people
against their consent.
> The alternative is sacrifices to unspendable outputs, which is very
> undesirable compared to sending the money to miners to further
> strengthen the security of the network.
The alternative is to make other standard outputs unable to store data as
well.
Luke