Did Satoshi Spam The Blockchain?
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In this video, I discuss the differences between embedding data in the coinbase transaction versus embedding it in OP_RETURN or using the inscriptions exploit.
Keeping places for arbitrary data small is essential for Bitcoin. That's why blowing out op return from 80 bytes to 100,000 bytes is so irresponsible.
Not investment advice! Consult a financial advisor.
Genesis block:
https://mempool.space/block/000000000019d6689c085ae165831e934ff763ae46a2a6c172b3f1b60a8ce26f
https://www.thetimes03jan2009.com/wp-content/uploads/2015/03/genesis-block-newspaper-bitcoin.jpg
Coinbase data capped at 100 bytes:
https://bitcoin.stackexchange.com/questions/124919/why-is-the-coinbase-data-size-limited-to-100bytes
Catholic prayers that Luke embedded in the coinbase:
https://mempool.space/block/00000000000005878a23b36f0c9850434f328612a43b039b7ee43a1a2e1cca34
https://mempool.space/block/0000000000000187fe9ed54d5d7f14effa808e6710cf978353cdb96c412b2a03
St Eligius:
https://en.wikipedia.org/wiki/Saint_Eligius
Watch the latest blocks here:
https://mempool.space/
Ocean Mining:
https://ocean.xyz/
Examples of Ocean blocks:
https://mempool.space/block/00000000000000000001de990845b23ef012832ae873f0862f6ea7faa50508d1
https://mempool.space/block/00000000000000000001cd424774f40ccf596c06e059adefda73fbde3d1cab35
Bitcoin Knots vs Bitcoin Core Summarized (Danger):
https://www.youtube.com/watch?v=7asu_ZyGNQE&ab_channel=BitcoinUniversity
Bitcoin OG and Legend Jason Hughes Explains the Damage Of 100KB OP_RETURN:
https://www.youtube.com/watch?v=KLvTsbfsVQo&ab_channel=BitcoinMechanic
I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos. My opinion is not for sale. Please do not contact me with any affiliate or advertising deals.
#Bitcoin
#Satoshi
#coinbase
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