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X @Nick Szabo
Nick Szabo· 2025-10-28 20:07
RT Satflation⚡ (@satflation)More musings on etching (w/ unspendable UTXOs) vs OP_RETURNtldr: Y’all SURE etching ain’t the way to go??Stupid frog GIF etching80 kB forever82,000 sats fee1,859 UTXOs added forever (330 sats each)613,470 sats deflationhttps://t.co/k3REZhTdpvDumb BIP OP_RETURN44 kB forever97,000 sats fee29 UTXOs spent0 deflationhttps://t.co/zWZDICmuZsLet’s forget the argument that storage in OP_RETURN changes the “purpose” of bitcoin to arbitrary data and that’s very, very bad.I get it, the dumb ...
X @Nick Szabo
Nick Szabo· 2025-10-19 10:48
RT simulxxx: ctv is fine stop larping (@simulxxx)@Excellion @adam3us @stephanlivera @NickSzabo4 @satflation @jabulanijakes @BitMEXResearch you must know that spammers can *always* modify how they inscribe data trivially and in a few minutes with low overheadthe only real solution is to make UTXOs more expensive and to allow financial users to safely share UTXOs using script paths ...
X @Nick Szabo
Nick Szabo· 2025-10-19 04:09
RT ₿itcoinMonk | ₿itcoin Signal (@BitcoinMonk21)Wake up bitcoiners, Run knots!!!This big beautiful consolidation transaction has been in my mempool for the last six blocks and was actually rejected by Foundry USA 3 times, viaBTC, and Binance in favor of a bunch of garbage spam. This is where core 30 is taking us. Core nodes now favor bloating the utxo set over shrinking it.My knotty node has been trying to mine this transaction the entire time but it was displaced by spam that core 30 is optimized for. Why ...
X @ShapeShift
ShapeShift· 2025-10-15 13:05
Wallet Support Expansion - Gridplus wallets are expanding support beyond BTC from the UTXO family [1] - The expansion includes every UTXO chain on ShapeShift, such as BCH, DOGE, and LTC [1] - Support will also be added for THORChain, MAYAChain, and COSMOS [1]
X @Nick Szabo
Nick Szabo· 2025-10-13 19:58
RT Satflation⚡ (@satflation)I scrolled by @mononautical post about weird frog gif stored on chain and saw “less than a hundred bucks!”Newbies to spam dynamics like myself may not understand this type of “transaction” burns all outputs, sending UTXOs to unspendable addresses.In other words, it cost a whopping ~$840, once we include the 613,470 sats burned (1,859 outputs of 330 sats). What misleading garbage!The UTXO set is harmed, creating 1,859 outputs that will never be spent.But the spammers get wrecked, ...
X @Nick Szabo
Nick Szabo· 2025-10-05 07:14
RT Satflation⚡ (@satflation)I scrolled by @mononautical post about weird frog gif stored on chain and saw “less than a hundred bucks!”Newbies to spam dynamics like myself may not understand this type of “transaction” burns all outputs, sending UTXOs to unspendable addresses.In other words, it cost a whopping ~$840, once we include the 613,470 sats burned (1,859 outputs of 330 sats). What misleading garbage!The UTXO set is harmed, creating 1,859 outputs that will never be spent.But the spammers get wrecked, ...
X @Starknet 🐺🐱
Starknet 🐺🐱· 2025-07-31 11:56
RT yah-noosh (@januszg_)Some tooling be built for @BitcoinLayers.We now have a tool where you can insert a TxID and it generates a breakdown of the script used to spend a UTXO. It then auto-populates a given layers' review with a verified Script if its related to a bridge program. https://t.co/KQNKvt1P4V ...