May 7 - May 12, 2023
Proposed solutions include fixing layered protocols, introducing new opcodes like OP_ZKP, reallocating block space, and penalizing non-economic transactions. The goal is to strike a balance between reducing fees, preventing spam, and maintaining the economic viability and security of the network. Ali Sherief expresses concern over congestion caused by side projects like BRC-20 and suggests implementing BIPs or commits in the Bitcoin Core codebase to address the issue. Michael Folkson argues that consensus-compatible transactions paying market-rate fees are functioning as intended. However, the debate continues on finding effective solutions while preserving maximum freedom and valid use cases. The email exchange also discusses the purpose of paying higher transaction fees than the received amount, the lack of Lightning wallets for desktop, and the need for GUI wallets to interact with the Lightning Network. Overall, the focus is on addressing congestion, preventing spam, and ensuring smooth operation of the Bitcoin network as a peer-to-peer digital currency.
Thread Summary (24 replies)
May 7 - May 12, 2023
25 messages • 24 replies
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