[BUG]: spammers get Bitcoin blockspace at discounted price. Let's fix it

[BUG]: spammers get Bitcoin blockspace at discounted price. Let's fix it

Original Postby moonsettler

Posted on: January 7, 2024 22:15 UTC

The discussion centers around the misconceptions regarding native economic transactions and their complexity.

A key point is that such transactions can indeed involve complex scripts, contrary to what some might believe. It's highlighted that a multisignature transaction, which is a common type of complex native economic transaction, can be quite sizeable. For instance, a basic 2-of-3 multisig transaction with change could consist of 125 bytes of main block data accompanied by 254 bytes of witness data.

Furthermore, the conversation addresses the potential implications of making native asset transactions only slightly more expensive while providing alternative assets with a more cost-effective pathway through mechanisms like taptweak and client-side validation. This proposed alteration in the economic balance between native and alternative asset transactions could lead users to have to pay higher fee rates for equivalent demand levels. The tone suggests skepticism and concern regarding this approach, as it may not yield positive outcomes for users engaged in native economic transactions.