We dive into the “filter debate,” dissecting why some Bitcoin purists are demanding JPEG‑free blocks and why their efforts are futile, but harmful to the bitcoin network. Fee economics, block‑size limits, real‑world examples, and the clash between censorship resistance and arbitrary data.
Subscribe to the newsletter! https://newsletter.blockspacemedia.com
Notes:
Block size capped ~4 MB (~250 GB/yr)
$600 M+ spent on ordinal fees
Knots rose from 5 % to 18 %
30/25 000 nodes filtered in early test
100 % filtered nodes still ineffective
Fee market drives transaction inclusion
Timestamps:
00:00 Start
02:54 Letter Analogy
05:40 Nations censoring transactions
07:16 Spam
16:16 JPEGS
18:03 Block size
19:12 Death to JPEGS
20:32 IBD (initial block download)
26:11 But we are filtering X transactions!
27:24 First principles
34:36 Oh Luke... so disappointing..
-
👋Bitcoin Season 2 is produced Blockspace Media, Bitcoin’s first B2B publication in Bitcoin. Follow us on Twitter and check out our newsletter for the best information in Bitcoin mining, Ordinals and tech!
Enjoy the show? Check out our website and newsletter by clicking here.
Questions or want to sponsor? hello@blockspace.media
Learn more about your ad choices. Visit megaphone.fm/adchoices