Re: [bitcoin-dev] [BUG]: Bitcoin blockspace price discrimination put simple transactions at disadvantage

2024-01-23 Thread Greg Tonoski via bitcoin-dev
On Wed, Jan 17, 2024 at 12:30 AM Nagaev Boris wrote: > > Node operators are likely to put UTXO set to SSD and blocks to HDD. > SSD is more expensive than HDD. Again, the UTXO set size argument is irrelevant. A simple transaction is at disadvantage even if it doesn't result in a change of UTXO

Re: [bitcoin-dev] [BUG]: Bitcoin blockspace price discrimination put simple transactions at disadvantage

2024-01-16 Thread Greg Tonoski via bitcoin-dev
On Wed, Dec 27, 2023 at 10:43 PM wrote: > > I think it should be fixed. Because now, sending coins into P2WPKH is cheaper > than sending them to P2TR, even though finally, when those coins are spent, > the blockspace usage is cheaper for Taproot (when you spend by key) than for > Segwit,

Re: [bitcoin-dev] [BUG]: Bitcoin blockspace price discrimination put simple transactions at disadvantage

2024-01-14 Thread Greg Tonoski via bitcoin-dev
On Wed, Dec 27, 2023 at 11:39 PM Keagan McClelland wrote: > > > As a result, there are incentives structure distorted and critical > inefficiencies/vulnerabilities (e.g. misallocation of block space, > blockspace value destruction, disincentivized simple transaction, > centralization around

Re: [bitcoin-dev] [BUG]: Bitcoin blockspace price discrimination put simple transactions at disadvantage

2024-01-13 Thread Greg Tonoski via bitcoin-dev
On Wed, Dec 27, 2023 at 8:06 PM Nagaev Boris wrote: > > On Wed, Dec 27, 2023 at 2:26 PM Greg Tonoski via bitcoin-dev > wrote: > > As a result, there are incentives structure distorted and critical > > inefficiencies/vulnerabilities (e.g. misallocation of block space,

Re: [bitcoin-dev] Ordinal Inscription Size Limits

2023-12-29 Thread Greg Tonoski via bitcoin-dev
Unfortunately, as near as I can tell there is no sensible way to prevent people from storing arbitrary data in witnesses ... To prevent "from storing arbitrary data in witnesses" is the extreme case of the size limit discussed in this thread. Let's consider it along with other (less radical)

[bitcoin-dev] [BUG]: Bitcoin blockspace price discrimination put simple transactions at disadvantage

2023-12-27 Thread Greg Tonoski via bitcoin-dev
Blockspace price for data of a simple transaction is higher than the one for data of other ("complex") transactions: 3 vs 1.49 "weight"/byte in the examples below: - 3=616 "weight" / 205 bytes (txid: aabbcce67f2aa71932f789cac5468d39e3d2224d8bebb7ca2c3bf8c41d567cdd) - 1.49=1140 "weight" / 767 bytes