Transaction Analysis - A seemingly inexpensive on-chain transaction involving a "weird frog gif" actually cost approximately $840 due to the burning of 613.47 thousand sats (1,859 outputs of 330 sats each) [1] - This type of transaction burns all outputs, sending UTXOs to unspendable addresses, harming the UTXO set by creating 1,859 outputs that will never be spent [1] Market Impact - Spammers incur significant financial losses through these transactions [2] - HODLers benefit from a 0.000000029% deflation resulting from these burns, which accumulates as such activities persist [2] Comparison - This costly spam is different from OP_RETURN, where storing a Mechanic picture cost only $120 for a bigger image without burning anything [2]

Transaction Analysis - A specific on-chain transaction involving a "weird frog gif" cost approximately $840, including the burning of 613.47 thousand sats [1] - The transaction burned 1.859 thousand outputs of 330 sats each, sending UTXOs to unspendable addresses [1] Impact on Bitcoin Network - The burning of UTXOs harms the UTXO set by creating 1.859 thousand outputs that will never be spent [1] - HODLers benefit from a 0.000000029% deflation due to these burns [2] Comparison with OP_RETURN - This type of spam transaction is costly for the perpetrators, unlike OP_RETURN transactions [2] - OP_RETURN allows storing larger images for a lower cost, such as $120, without burning any UTXOs [2]