Andrew Poelstra [ARCHIVE] on Nostr: š Original date posted:2023-02-05 šļø Summary of this message: A proposal has ...
š
Original date posted:2023-02-05
šļø Summary of this message: A proposal has been made to make OP_RETURN a free-for-all, given that users have found ways to store arbitrary amounts of data on-chain.
š Original message:On Sat, Feb 04, 2023 at 07:11:35PM -0500, Russell O'Connor via bitcoin-dev wrote:
> Since bytes in the witness are cheaper than bytes in the script pubkey,
> there is a crossover point in data size where it will simply be cheaper to
> use witness data. Where that crossover point is depends on the finer
> details of the overhead of the two methods, but you could make some
> reasonable assumptions. Such a calculation could form the basis of a
> reasonable OP_RETURN proposal. I don't know if it would be persuasive, but
> it would at least be coherent.
>
I agree with Peter that, given that users have found ways to store arbitrary
amounts of data on-chain if they really want, we might as well just make
OP_RETURN a free-for-all.
--
Andrew Poelstra
Director of Research, Blockstream
Email: apoelstra at wpsoftware.net
Web: https://www.wpsoftware.net/andrew
The sun is always shining in space
-Justin Lewis-Webster
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šļø Summary of this message: A proposal has been made to make OP_RETURN a free-for-all, given that users have found ways to store arbitrary amounts of data on-chain.
š Original message:On Sat, Feb 04, 2023 at 07:11:35PM -0500, Russell O'Connor via bitcoin-dev wrote:
> Since bytes in the witness are cheaper than bytes in the script pubkey,
> there is a crossover point in data size where it will simply be cheaper to
> use witness data. Where that crossover point is depends on the finer
> details of the overhead of the two methods, but you could make some
> reasonable assumptions. Such a calculation could form the basis of a
> reasonable OP_RETURN proposal. I don't know if it would be persuasive, but
> it would at least be coherent.
>
I agree with Peter that, given that users have found ways to store arbitrary
amounts of data on-chain if they really want, we might as well just make
OP_RETURN a free-for-all.
--
Andrew Poelstra
Director of Research, Blockstream
Email: apoelstra at wpsoftware.net
Web: https://www.wpsoftware.net/andrew
The sun is always shining in space
-Justin Lewis-Webster
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