Bitcoin Isn't About You on Nostr: Don't be like this moron. Clueless, overconfident, and spewing baseless nonsense. ...
Don't be like this moron. Clueless, overconfident, and spewing baseless nonsense. There are too many people like this in this ecosystem literally conducting a Denial of Service attack on any adult or logic based conversation regarding upgrades to Bitcoin.
Point 1: CTV does absolutely nothing to change "spam transactions" as something that can happen on Bitcoin. All CTV does is commit to chains of transactions, exactly like pre-signed transactions do now, except enforcing them by consensus. It makes zero difference on any level to people's ability to flood the network with long chains of transactions.
Point 2: CTV cannot do recursion, period, full stop. That was an explicit design goal. It cannot create circular chains of transactions either, _that is impossible under the laws of information theory_. Transactions must reference transaction IDs, once one transaction with ID A is spent, that TXID cannot be recreated, ever. Full nonsense gibberish.
Point 3: Nothing about CTV creates a risk of walled gardens at all. Self custody not scaling, and forcing people to use Coinbase, or Cashapp, or River, creates the risk of walled gardens. The only way for most people to use Bitcoin being with the permission of a custodian creates the risk of walled gardens. This is incoherent.
This moron VERY clearly just regurgitated incoherent ChatGPT hallucinations to try to participate in a conversation he doesn't understand the first thing about. That is a Denial of Service attack. Don't be like this moron. If you want to participate in these conversations, than be humble and recognize the limits of your current understanding, and work to expand the horizon of your understanding.
Don't regurgitate incoherent bullshit to argue a dogmatic position you don't even understand the logic behind.
Point 1: CTV does absolutely nothing to change "spam transactions" as something that can happen on Bitcoin. All CTV does is commit to chains of transactions, exactly like pre-signed transactions do now, except enforcing them by consensus. It makes zero difference on any level to people's ability to flood the network with long chains of transactions.
Point 2: CTV cannot do recursion, period, full stop. That was an explicit design goal. It cannot create circular chains of transactions either, _that is impossible under the laws of information theory_. Transactions must reference transaction IDs, once one transaction with ID A is spent, that TXID cannot be recreated, ever. Full nonsense gibberish.
Point 3: Nothing about CTV creates a risk of walled gardens at all. Self custody not scaling, and forcing people to use Coinbase, or Cashapp, or River, creates the risk of walled gardens. The only way for most people to use Bitcoin being with the permission of a custodian creates the risk of walled gardens. This is incoherent.
This moron VERY clearly just regurgitated incoherent ChatGPT hallucinations to try to participate in a conversation he doesn't understand the first thing about. That is a Denial of Service attack. Don't be like this moron. If you want to participate in these conversations, than be humble and recognize the limits of your current understanding, and work to expand the horizon of your understanding.
Don't regurgitate incoherent bullshit to argue a dogmatic position you don't even understand the logic behind.
quoting note14ty…vpw9- Potential for Spam Transactions
While OP_CTV is designed to create more efficient transaction types, there's a risk that it could be misused to generate spam transactions, potentially clogging the network1. Adversaries might exploit this to conduct denial-of-service attacks on the Bitcoin network.
- Recursive Covenant Concerns
Although OP_CTV itself is non-recursive, its implementation could potentially enable the creation of complex scripts that lead to recursive covenants2. This could result in transactions that reference each other in circular chains, consuming network resources and causing scalability issues.
- Fragmentation of the Ecosystem
There's a risk that OP_CTV could lead to the creation of "walled gardens" within the Bitcoin ecosystem1. This could potentially fragment the network, with certain transactions only permitted within specific parameters, departing from Bitcoin's open and permissionless nature.