Satflation⚡
4K posts

Satflation⚡
@satflation
Mises, Ron Paul, bitcoin...was happy half-Vulcan trying to live long and stack. Bcore threatened our savings. Now they must go. Simple logic.


Now is a pretty decent time to consolidate your UTXOs. Just saying.

@BitcoinMania___ @1914ad I don't care about Satoshi.



@axexang @_colourorange @btcblockjams @MajorianBTC It can’t possibly be money. The 1,859 outputs of 330 sats will never be spent again. God I wish dust limit was 10x+


I scrolled by @mononautical post about weird frog gif stored on chain and saw “less than a hundred bucks!” Newbies to spam dynamics like myself may not understand this type of “transaction” burns all outputs, sending UTXOs to unspendable addresses. In other words, it cost a whopping ~$840, once we include the 613,470 sats burned (1,859 outputs of 330 sats). What misleading garbage! The UTXO set is harmed, creating 1,859 outputs that will never be spent. But the spammers get wrecked, wasting big money on nothing. HODLers are the big winners, reaping the benefit of 0.000000029% deflation. Doesn’t sound like much, but adds up as the weirdos keep at it. It’s definitely annoying graffiti style vandalism, but very costly for the perpetrators, not at all comparable to OP_RETURN, which allowed the freaks storing a Mechanic pic yesterday to pay only $120 for a bigger image and not burn anything. Am I getting this right?




The faster we all move away from Core the better. There's no point in arguing with them anymore. We just need a new mailing list, and a new crop of devs, and a new implementation (or two) that we can run and nodes will naturally gravitate towards the implementation that better serves them.

I scrolled by @mononautical post about weird frog gif stored on chain and saw “less than a hundred bucks!” Newbies to spam dynamics like myself may not understand this type of “transaction” burns all outputs, sending UTXOs to unspendable addresses. In other words, it cost a whopping ~$840, once we include the 613,470 sats burned (1,859 outputs of 330 sats). What misleading garbage! The UTXO set is harmed, creating 1,859 outputs that will never be spent. But the spammers get wrecked, wasting big money on nothing. HODLers are the big winners, reaping the benefit of 0.000000029% deflation. Doesn’t sound like much, but adds up as the weirdos keep at it. It’s definitely annoying graffiti style vandalism, but very costly for the perpetrators, not at all comparable to OP_RETURN, which allowed the freaks storing a Mechanic pic yesterday to pay only $120 for a bigger image and not burn anything. Am I getting this right?

Retards are out here calling the clean up of unspendable UTXOs "censorship". I like The Cat.











