Bitcoin developer deems inscription a technical exploit
In a Dec. 6 article, William Casarin, founder of Nostr Damus and a Bitcoin Core and Lightning Network developer , asserts that inscribing data as Bitcoin script program data is a technical exploit , emphasizing that Bitcoin is not designed for data storage. Showing solidarity with Bitcoin developer Luke Dashjr‘s perspective of inscriptions being a bug, Casarin underscores the broader implications of this issue, tying it to the overall health and decentralization of the Bitcoin network. Data and preferential treatment As part of the release titled “Why In script ions are an exploit ,” Casarin calls out that the intriguing aspect lies in individuals assigning value to images on the Bitcoin blockchain, with non-ideological miners and those indifferent to Bitcoin’s health and decentralization readily paying fees for inclusion. You might also like: SEC’s discussion with Bitcoin ETF issuers has moved into a key stage Through his analysis, he c...