
CD91: Ordinal Inscriptions with Casey Rodarmor
Citadel Dispatch
Is There a Way to Stop the Bitcoin Fee Market? Andrew Pulster, Director of Research Blockstream
There is no sensible way to prevent people from storing arbitrary data and witnesses without incentivizing even worse behavior. If we ban useless data, then it would be easy for would be data stores to instead embed their data inside useful data such as dummy signatures or public keys. There's a reasonable argument that this sort of data is toxic to the network,. Even though the market is willing to bear the price of scarce black space. The Bitcoin fee market would become entangled with the random pump and dump markets undermining legitimate use cases and potentially preventing new technology like lightning from gaining a strong foothold.
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