Saifedean Ammous, known for writing The Bitcoin Standard, has joined a discussion about how to deal with spam on the Bitcoin
$102,704.11
network.
In a May 18 post on X, Ammous said he would be willing to contribute some Bitcoin to support a developer working full-time on making spam more difficult and costly to add to the blockchain.
His comments came after X’s thread, started by @GrassFedBitcoin. In the post, he asked for support on a suggested change to Bitcoin Core, pull request #28408, that would give node operators a way to block spam-like data, known as inscriptions.
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@GrassFedBitcoin argued that inscriptions add unnecessary data to the blockchain. He said Bitcoin was built to store financial transactions, not files like images, and that this kind of data makes the system less efficient.
He pointed to past decisions to raise limits on the OP_RETURN function, which allows data to be included in transactions, and said they were based on wrong assumptions.
However, Adam Back, the head of Blockstream, stated that any effort to block these files could turn into a constant battle. He added that people can always find new ways to hide unwanted data in transactions, which would require frequent updates to keep blocking them.
Ammous said fighting spam is a challenge, but still worth doing. He also noted that this effort should not be seen as censorship, which points out that Bitcoin nodes already reject invalid transactions.
Meanwhile, CIA Deputy Director Michael Ellis recently shared his thoughts on Bitcoin and other cryptocurrencies. What did he say? Read the full story.
Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era.With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.
