Proposal: soft-fork to make anyone-can-spend outputs unspendable for 100 blocks



Summary:

In this email conversation, Luke-Jr argues that data should not be stored on the blockchain because it violates the social contract that people running nodes have agreed to. Peter Todd suggests a way to implement his zookeyv key-value consensus system using transactions with txout pairs that prove funds have been sacrificed, which is compatible with Gregory Maxwell's address pre-image fix to data-in-chain storage and unblockable by making such transactions more expensive. The email ends with Todd stating that increasing the blocksize is madness.


Updated on: 2023-06-06T18:26:02.909511+00:00