Satflation⚡

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Satflation⚡

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.

Katılım Nisan 2022
918 Takip Edilen781 Takipçiler
Satflation⚡ retweetledi
Jimmy Song (송재준)
Jimmy Song (송재준)@jimmysong·
You either end up a Bitcoin maximalist or a clown. There's no in between.
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Satflation⚡ retweetledi
HMLE
HMLE@1hmle·
@adam3us @CaminaDrummer4 Core is prudent, conservative, and secure. That's a good one Adam.
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Satflation⚡
Satflation⚡@satflation·
@btcblockjams Dude, those sats literally will never be spent again. They have no value. They were sent to fake addresses to etch a stupid frog gif. No one has the keys. The sats are gone. Never coming back.
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Axexang
Axexang@axexang·
@_colourorange @btcblockjams @MajorianBTC For you, the transaction below is 1. money 2. dusts optimized to damage the nodes x.com/satflation/sta…
Satflation⚡@satflation

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?

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Majorian / BIP-110
Majorian / BIP-110@MajorianBTC·
Bitcoin maximalists, which are monetary maximalists, understand why bitcoin has outperformed for many years, and we want to keep it that way. The only way to do that is to preserve bitcoin's monetary purity.
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Satflation⚡ retweetledi
Majorian / BIP-110
Majorian / BIP-110@MajorianBTC·
The net impact of Core 30 to date: More large op_return spam, with the addition of a new attack vector against bitcoin. Truly one of the most puzzling decisions made in Bitcoin Core's history.
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bitsko
bitsko@bitsko_xt·
@sodiumbtc21 I made an even more inefficient protocol which uses only standard monetary transactions and puts the datastream in bech32 address suffixes. I can store anything on chain, completely unstoppable and your node will always accept and store my data.
bitsko tweet media
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Sodium #BIP-110
Sodium #BIP-110@sodiumbtc21·
What The Cat proposes is not confiscation, but removal. I like that. Spam (NFTs, inscriptions, large OP_RETURNs, Stamps) must be worthless on the bitcoin network. I don't care for it and I don't want to store it for the next 30 years on my node.
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Satflation⚡ retweetledi
Beautyon
Beautyon@Beautyon_·
CORE HAS GONE MAD. DEACTIVATION IS THE WAY.
Beautyon tweet media
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Satflation⚡ retweetledi
Mechanic #BIP-110
Mechanic #BIP-110@GrassFedBitcoin·
@geekigai I wish people concerned with slippery slopes would apply it the other way: what kind of precedent does it set if we only ever roll over for spam?
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Satflation⚡ retweetledi
Satflation⚡ retweetledi
Satflation⚡
Satflation⚡@satflation·
@evoskuil Theft of what? They’re unspendable
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Satflation⚡
Satflation⚡@satflation·
@sedited_ @evoskuil The unspendable ones. I'm not familiar with the details of the cat, but etching with unspendable forever UTXOs is a tale as old as time. Steganography at its finest and my personal "favorite" type of spam, by far. I just wish dust limit was 5,000+. x.com/satflation/sta…
Satflation⚡@satflation

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?

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Satflation⚡
Satflation⚡@satflation·
@Beautyon_ Holy moly so bad lol. and wtf is Giamatti doing there at end?
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Shire
Shire@Shireh0dl·
@satflation 😂 OK. I'll think about Murch memes now instead
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Shire
Shire@Shireh0dl·
Would it be naughty to append the guys part to the end of a Gloria clip? 😂😅
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