Author: Luke-Jr 2013-06-06 19:14:17
Published on: 2013-06-06T19:14:17+00:00
On June 01, 2013, Peter Todd proposed a change to make anyone-can-spend outputs IsStandard(), so they can be relayed. However, Luke argued that storing data on the blockchain is a violation of the social contract between nodes and users who store blocks for financial purposes. He suggested that proof-of-stake could be done without spamming people against their consent. Instead of sacrifices to unspendable outputs, Luke proposed making other standard outputs unable to store data as well.
Updated on: 2023-06-06T18:29:06.316384+00:00