Melvin Carvalho [ARCHIVE] on Nostr: 📅 Original date posted:2023-02-03 🗒️ Summary of this message: A Bitcoin ...

📅 Original date posted:2023-02-03
🗒️ Summary of this message: A Bitcoin developer questions the wisdom of allowing unlimited storage of NFT content on the blockchain and suggests imposing a size limit. A low-tech solution proposed is to charge a premium for storing images in the blockchain.
📝 Original message:pá 27. 1. 2023 v 13:47 odesílatel Robert Dickinson via bitcoin-dev <
bitcoin-dev at lists.linuxfoundation.org> napsal:

> I'm curious what opinions exist and what actions might be taken by core
> developers regarding storing unlimited amounts of NFT (or other?) content
> as witness data (https://docs.ordinals.com/inscriptions.html). The
> ordinal scheme is elegant and genius IMHO, but when I think about the
> future disk use of all unpruned nodes, I question whether unlimited storage
> is wise to allow for such use cases. Wouldn't it be better to find a way to
> impose a size limit similar to OP_RETURN for such inscriptions?
>
> I think it would be useful to link a sat to a deed or other legal
> construct for proof of ownership in the real world, so that real property
> can be transferred on the blockchain using ordinals, but storing the
> property itself on the blockchain seems nonsensical to me.
>

Low tech solution: miners charge a premium for storing images in the block
chain. Say 2x, 5x, 10x.

This encourages bitcoin to be used as a financial network, while increasing
the security budget.

>
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