Bitcoin Developer Considers Registration a Technical Exploit

In a December 6 article, William Casarin, founder of Nostr Damus and developer of Bitcoin Core and Lightning Network, claims that writing data as data from a Bitcoin script program is a technical feat, and emphasizes that Bitcoin is not designed to data storage.

Showing solidarity with the Bitcoin developer Lucas DashjrFrom the perspective that the signups are a mistake, Casarin highlights the broader implications of this issue, linking it to the overall health and decentralization of the Bitcoin network.

Data and preferential treatment

As part of the statement titled “Why Inscriptions are an Exploit,” Casarin notes that the intriguing aspect lies in people assigning value to images on the Bitcoin blockchain, with non-ideological miners and those indifferent to health and Bitcoin decentralization that easily pay listing fees.

Through his analysis, he concludes that data should not receive preferential treatment; Users must pay full price, using protocols such as op_return and hashes for legitimate data storage in Bitcoin. Casarin also states that his position is that the current scenario represents a significant data spam exploitation, which requires proactive solutions from Bitcoin developers. He praises ideological developers like Dashjr for prioritizing the health and decentralization of the network, and in his remarks he calls signups a bug that makes it possible for users to spam the blockchain.

His response garnered comments from the community, with one user stating: “The writing transaction is the right to freedom of expression, who are you to classify something as spam or useless information?” and another user shared: “I think you should probably start preparing to get over it.”

A previous increase in enrollment

Bitcoin inscriptions have been in the news throughout 2023, with growing interest in ordinals.

Dune blockchain data from July 8 indicated that cryptocurrency enthusiasts minted a record 350,000 Bitcoin ordinal inscriptions, marking the highest daily count since May 14, in which Ethereum co-founder called it the reason behind the “renewed construction culture.”

Follow us on Google News

Leave a Reply

Your email address will not be published. Required fields are marked *

Best Exchanges
Buy, trade, and hold 600+ cryptocurrencies on Binance
Buy, trade, and hold 450+ cryptocurrencies on ByBit
Buy, trade, and hold 150+ cryptocurrencies on Kucoin
Buy, trade, and hold 100+ cryptocurrencies on BitFinex 
Buy, trade, and hold 150+ cryptocurrencies on CoinBase

Guru Investing is an independent source of information about investing , not controlled by any broker. All our reviews and guides are created honestly, according to the best knowledge and judgement of the members of our independent expert team; however, they are intended for informative purposes only and should not be construed as, nor relied upon as, legal advice. You should always make sure that you meet all regulatory requirements before making any financial operations . Copyright ©2024 Email for contact [email protected]
follow telegram
pornhd.com hindisexyporn.com kashmiri girls sex jayasex indaporn.info desi bhabi xxx xlnindia sexo-vids.com 1st time sex video たかはししょうこ動画 javfuck.mobi 真正中出し3本番 彩乃なな sex film sexy film xxxhindividoes.com xnxx indian teens
ano nga ba ang pangarap iwantmoreteleserye.com hello heart episode 3 reshma hot saree images nuporn.mobi xvidies com bihar chudai tubezaur.mobi heroine photo hot dasixx hardcoreporntrends.com ileana d'cruz hot photoshoot www.xxxsexvideo.com xbeegtube.mobi hindi movi
www sxe vidoes erohardcore.info boops sucking dehati fuck kitporn.info chuk chuk rail fuckcomix.com mojoporntube.net gujaratisexvidio probinsyano october 18 2021 full episode freeteleseryetv.net ang probinsyano july 14 2022 قصص سكس كرتون cmsextra.net سكس بنات تخينة