What is Nostr?
techfeudalist /
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2024-09-11 05:45:11
in reply to nevent1q
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techfeudalist on Nostr: 😂 so funny! You’re still pretending that I didn’t send you direct quotes from ...

😂 so funny! You’re still pretending that I didn’t send you direct quotes from Peter and Matt! We all know why you ignore them. You’re not capable of responding. You were so overconfident and now you’re just embarrassed.

Here, I’ll send them again so everyone following you can see you’re pretending not to see them.

Here is Peter admitting that both CAT and CTV add risks. He says:

“Unlike OP_CAT, CTV doesn’t appear to raise much risk of unintended consequences beyond encouraging out-of-band fee payments in certain cases. This isn’t ideal.”

The risk that Peter identified for CTV is “encouraging out of band fee payments”.

https://petertodd.org/2024/covenant-dependent-layer-2-review

Here’s Matt Corallo explaining why these can motivate miner centralization:

https://x.com/TheBlueMatt/status/1780558009841643833

Matt argues that these payments to miners are a risk because they encourage centralization:

“More recently, out of band payments to miners have become popular again, allowing individuals to pay large pools for the inclusion of their transaction(s) using payments outside of the normal bitcoin transaction fee. This can create substantial MEVil [centralization MEV risk] [
]”

There you go! You can keep ignoring them but we all know that I sent them and you couldn’t respond.

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