Last updated: December 27, 2023 03:48 EST
. 1 min read
Disclosure: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. By using this website, you agree to our terms and conditions. We may utilise affiliate links within our content, and receive commission.Source: PixabayA contributor to Taproot Wizards has launched a to reject Ordinals inions.
In an X post published on Tuesday, Rijndael, Taproot Wizards’ chief technology officer, announced that he had published a to “rid your node of inions.”
“Merry Christmas, ord disrespectoors! I have a gift just for you! This [] will rid your node of inions,” Rijndael wrote.
The was crafted with the purpose of inducing nodes to reject blocks containing inions, he elaborated.
“If the economic majority of nodes does that, the miners will choose to build on a chain tip that doesn’t have inions, or they sell into a smaller market,” he noted.
The launch of the faced criticism from some industry observers, one of whom said that the was a “solution for your [Rijndal’s] betrayed conscience.”
“Go run the or admit that you’re just virtue signaling on twitter and are uninterested in stopping inions,” Rijndal said in response to X user GhostOfPashka. “I handed you the solution. If you choose not to use it, you have nobody to blame but yourself.”
James Check, the lead analyst at Glassnode, told Cointelegraph that the software is unlikely to gain traction, despite Ordinals having faced criticism in the past.
“It is purely to demonstrate that most folks who are complaining about Ordinals, are in the minority,” Check told Cointelegraph. “The software is now available to invalidate them on their node, but one would automatically realize it essentially just bricks your node as they are valid transactions.”
“It is a demonstration of the mexican stand-off that Bitcoin governance is all about,” Check noted.
Rijndael also admitted that creating the software only took roughly 15 minutes, and he conceded that the ’s effectiveness could be readily undermined by modifying an Ordinal fingerprint under ious circumstances.
The Ordinals censorship debate regained prominence recently when OCEAN, a Bitcoin mining company headed by Bitcoin Core developer Luke Dashjr, began rejecting Ordinals transactions.
Their company expressed concerns regarding the susceptibility to denial-of-service attacks and an increase in congestion within the mempool, a queue of pending transactions awaiting validation from a node before being incorporated into a block on the blockchain.
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Taproot Wizards Contributor Launches _ To Remove Bitcoin Ordinals In_ions
Last updated: December 27, 2023 03:48 EST . 1 min read
Disclosure: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. By using this website, you agree to our terms and conditions. We may utilise affiliate links within our content, and receive commission.
Source: PixabayA contributor to Taproot Wizards has launched a to reject Ordinals inions.
In an X post published on Tuesday, Rijndael, Taproot Wizards’ chief technology officer, announced that he had published a to “rid your node of inions.”
“Merry Christmas, ord disrespectoors! I have a gift just for you! This [] will rid your node of inions,” Rijndael wrote.
The was crafted with the purpose of inducing nodes to reject blocks containing inions, he elaborated.
“If the economic majority of nodes does that, the miners will choose to build on a chain tip that doesn’t have inions, or they sell into a smaller market,” he noted.
The launch of the faced criticism from some industry observers, one of whom said that the was a “solution for your [Rijndal’s] betrayed conscience.”
“Go run the or admit that you’re just virtue signaling on twitter and are uninterested in stopping inions,” Rijndal said in response to X user GhostOfPashka. “I handed you the solution. If you choose not to use it, you have nobody to blame but yourself.”
James Check, the lead analyst at Glassnode, told Cointelegraph that the software is unlikely to gain traction, despite Ordinals having faced criticism in the past.
“It is purely to demonstrate that most folks who are complaining about Ordinals, are in the minority,” Check told Cointelegraph. “The software is now available to invalidate them on their node, but one would automatically realize it essentially just bricks your node as they are valid transactions.”
“It is a demonstration of the mexican stand-off that Bitcoin governance is all about,” Check noted.
Rijndael also admitted that creating the software only took roughly 15 minutes, and he conceded that the ’s effectiveness could be readily undermined by modifying an Ordinal fingerprint under ious circumstances.
The Ordinals censorship debate regained prominence recently when OCEAN, a Bitcoin mining company headed by Bitcoin Core developer Luke Dashjr, began rejecting Ordinals transactions.
Their company expressed concerns regarding the susceptibility to denial-of-service attacks and an increase in congestion within the mempool, a queue of pending transactions awaiting validation from a node before being incorporated into a block on the blockchain.