Author: Aymeric Vitte 2023-02-04 17:01:20
Published on: 2023-02-04T17:01:20+00:00
The discussion on Bitcoin-dev mailing list revolves around the issue of storing data on-chain. The participants agree that it is absurd to flood Bitcoin with useless transactions for storage purposes. Some suggest that storing proofs that can be checked using a third-party or sidechain is a viable solution, but it requires more than 80B. To address this, increasing the size of OP_RETURN to support a hash, signature, and metadata could be helpful in many scenarios. However, some argue that an increase in OP_RETURN size may not reduce inscription-style use cases significantly, as they are primarily used for much larger datasets. Aymeric Vitte provides links to his CV, LinkedIn profile, and GitHub repositories, including a Universal Coin Swap system based on Bitcoin, a bitcoin NFT system, node-Tor, anti-spies and private torrents dynamic blocklist, Peersm, and more.
Updated on: 2023-06-16T04:13:04.573320+00:00