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Bitcoin spam debates with Charlie Spears | SLP724 cbspears ◉, co-founder Blockspace joins me to discuss spam, feasibility of BIP110, protocol upgrades, on-chain data, ordinals, OPNEXT and more. (00:00) - Intro (01:13) - The BIP110 fork and filter debate (03:59) - Consensus changes vs. policy solutions (08:36) - Understanding...

14,546 views • 5 months ago •via X (Twitter)

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Bitcoin Spam: A Libre Relay View with Proof of Cash | SLP703 ProofOfCash ⚔️ URSF joins me for a deep discussion on Bitcoin’s spam debate — from walking through the different 'camps', Libre Relay, filters and fee-market chaos to BRC-20 hype, inscriptions, and miner incentives. We explore consensus vs policy, node costs, RDTS, and more. (00:00) - Intro (01:49) - What are the different camps in this debate? (04:55) - What is consensus and how is it different from policy? (11:23) - Libre Relay and its role in Bitcoin (15:53) - Are certain transactions strictly harmful? (19:30) - Do Dust filters work?; Dust limits and their implications (29:59) - Orphan rates & mining dynamics (35:14) - What is Spy mining? (38:14) - Can all the small miners gather to punish spam on Bitcoin?; Decentralizing mining (43:40) - Do Bitcoin miners shape reality? (48:13) - What constitutes spam in Bitcoin? (56:09) - Cultural perspectives on Bitcoin and spam (1:03:15) - Are miners short-term focussed?; Bitcoin’s robust fee market (1:11:39) - The unsustainable nature of hype (1:19:50) - What are the hardware costs of running a node?; Connectivity & accessibility for Bitcoin nodes (1:29:00) - Spam - incremental costs & time of transaction confirmation (1:36:40) - Is it cost & time intensive for spammers to run Libre Relay? (1:42:00) - What are the legal perspectives of data embedding in Bitcoin? (1:49:47) - Is it feasible to block inscriptions?; Dilemma of temporary fixes (2:01:50) - Kevin’s thoughts on RDTS (Reduced Data Temporary Softfork) (2:21:53) - Is programmability important in Bitcoin? (2:27:40) - Closing thoughts

Stephan Livera

27,764 views • 8 months ago

Bitcoin isn't digital gold. It's not locked in by math. You can kill it. The man who ran money at Peter Thiel's hedge fund came on to explain who's trying — and why the only thing protecting Bitcoin is the people who run nodes. Matthew R. Kratter #BIP-110 — Bitcoin University founder, former Clarium / Thiel-world macro trader, early Palantir investor — joins me to lay out the fight consuming Bitcoin right now in plain English: why he says Bitcoin Core has "gone rogue," the spam war over OP_RETURN and BIP-110 he calls Bitcoin's last stand, why consensus flows from culture and not code, who actually controls the network (hint: not the miners), and how to mine Bitcoin from home for about $10 a day. Send this to anyone who thinks Bitcoin can't be stopped. TIMESTAMPS: 00:00 Intro 01:00 Physics dropout to literature — Stanford & Berkeley 05:27 René Girard & meeting Peter Thiel 07:56 Becoming a trader: Thiel Macro → Clarium 12:43 The PayPal mafia, network effects & the dot-com bottom 20:23 Global macro at Clarium & the 2003 housing-blowup call 24:08 Napster, PayPal & the "new world currency" 28:32 Government as the ultimate customer — Palantir & the CIA (In-Q-Tel) 36:00 Deep-state roots — is Peter Thiel captured? 49:32 Culture is upstream of consensus 57:00 Bitcoin isn't magic — nodes, immutability & the spam risk 1:01:42 Why spam is a problem — tragedy of the commons 1:04:30 Spam since Satoshi & the 2014 OP_RETURN war 1:14:30 The changing of the guard at Bitcoin Core 1:18:43 Core uncaps OP_RETURN to 100,000 bytes 1:28:00 Consensus flows from culture — the 2nd Amendment analogy 1:35:20 BIP-110 — the temporary soft fork 1:44:00 Why small blocks — and running nodes in Cuba 2:18:55 SegWit & the 2017 UASF — how 500 nodes won 2:24:00 The miners are just employees — node runners set the rules 2:41:46 "Firing the miners" — changing proof-of-work 2:55:18 Bitcoin Core went rogue — the last stand 2:58:50 You can kill Bitcoin 3:01:20 Mine Bitcoin from home for ~$10/day, KYC-free 3:11:09 Where to find Matt ▶️

The Bitcoin Matrix Podcast ⚡️

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BITCOIN RAILS #43: A HISTORY OF “SPAM” on BITCOIN | with Peter Todd 🔗 YOUTUBE: 🌿 SPOTIFY: “You cannot prevent arbitrary data from being published in Bitcoin transactions. Even at the consensus level…It’s mathematically impossible.” Legendary Bitcoin contributor since 2009 and self-described "weirdo with a fine arts degree," Peter Todd joins me to unpack the endless wars over Bitcoin's "true purpose," his pioneering work putting "spam" on the blockchain, and why he believes attempts to filter transactions are just “silly.” In this episode, we get deep into the history of using Bitcoin for data storage - which goes back, at least, to the development of Namecoin in 2011. Relatedly, we cover the history and long-fought governance battles around OP_RETURN, relay policy, and our community's evolving definitions of "arbitrary data. Suffice it to say, the Filter Wars of 2024/25 are not new... they are simply one battle in a decade+ war we unpack in detail in this context-rich episode of Bitcoin Rails. In more detail, this episode covers: - The development of Open Time Stamps + Bitcoin's use in validating election data and beyond. - OPRETURN battles of the early days... and how its use has evolved over the past decade. - Why Bitcoin Core "should not try to censor transactions" and the "performance art project" (Libre Relay) that shows why. - Bitcoin as a "replicated database" and why blockchains may legitimately be useful outside of sound money. - Why preventing arbitrary data on Bitcoin is "mathematically impossible" ...and trying to stop it is only distracting us from "more important" efforts, like the Great Consensus Cleanup Antoine Poinsot. This episode of Bitcoin Rails is powered by: - Best In Slot (Best in Slot | BRC2.0 🧑‍🍳) — the leading API for Ordinals and BRC-20 data aggregation and indexing. - Spark (Lightspark) — a statechains implementation advancing Bitcoin-powered payments. - Citrea (Citrea | Mainnet Live 🍊🍋) — the leading Bitcoin rollup technology and BitVM alliance contributor. Timestamps: 00:00 Intro 01:19 Bitcoin Early Days 03:44 OpenTimestamps Project 12:22 Governance and Bitcoin Protocol Debates 26:36 The Blockchain Use Case Argument 35:46 Transaction Version Numbers and Standardization 38:30 Preventing Exploits and DDoS Attacks 40:10 Relay Policies and Economic Decisions 42:00 The Taproot Annex and OP_RETURN 45:07 Libre Relay 01:01:18 Future of Bitcoin and Soft Fork Proposals

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10,768 views • 8 months ago