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77 - Ziya Sadr - The OP_RETURN Controversy

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Manage episode 480576861 series 3312721
Content provided by Momo Tahmasbi. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Momo Tahmasbi or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Join us for a special episode of Round the Fire with Momo, where I sit down with Ziya to delve into the heated debate surrounding Bitcoin's OP_RETURN function. This controversy has sparked discussions across the Bitcoin community, with proposals to remove the 80-byte data limit on OP_RETURN stirring both support and opposition.Ziya offers a perspective that sees the change as a minor adjustment, while I express concerns about potential risks and unintended consequences. Our discussion aims to shed light on the nuances of this issue and its broader implications for the Bitcoin ecosystem.

---00:00 – Introduction

02:50 – Understanding OP_RETURN and the Current Controversy

08:46 – Visualizing OP_RETURN in the Mempool

11:59 – Momo’s Concerns About Removing the OP_RETURN Limit

19:07 – Ziya’s Perspective on Lifting the OP_RETURN Restriction

24:05 – Will Removing the Limit Prevent UTXO Set Growth?

30:50 – Examining Potential Conflicts of Interest Among Bitcoin Developers

38:20 – Is This the Next Major Conflict in Bitcoin?

40:40 – Irreversibility: The Implications of Removing the OP_RETURN Limit

---Correction: The famous headline "Chancellor on brink of second bailout for banks" was not included in an OP_RETURN, but rather embedded in the coinbase transaction of Bitcoin’s genesis block.---🟩 To help spread knowledge and information, you're free to reuse the content on this page—no permission needed. 🟩---Follow Ziya on X: https://x.com/Ziya_SadrZiya's website: https://hexforensic.com/---Follow Momo:https://linktr.ee/mktahmasbi

  continue reading

96 episodes

Artwork
iconShare
 
Manage episode 480576861 series 3312721
Content provided by Momo Tahmasbi. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Momo Tahmasbi or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Join us for a special episode of Round the Fire with Momo, where I sit down with Ziya to delve into the heated debate surrounding Bitcoin's OP_RETURN function. This controversy has sparked discussions across the Bitcoin community, with proposals to remove the 80-byte data limit on OP_RETURN stirring both support and opposition.Ziya offers a perspective that sees the change as a minor adjustment, while I express concerns about potential risks and unintended consequences. Our discussion aims to shed light on the nuances of this issue and its broader implications for the Bitcoin ecosystem.

---00:00 – Introduction

02:50 – Understanding OP_RETURN and the Current Controversy

08:46 – Visualizing OP_RETURN in the Mempool

11:59 – Momo’s Concerns About Removing the OP_RETURN Limit

19:07 – Ziya’s Perspective on Lifting the OP_RETURN Restriction

24:05 – Will Removing the Limit Prevent UTXO Set Growth?

30:50 – Examining Potential Conflicts of Interest Among Bitcoin Developers

38:20 – Is This the Next Major Conflict in Bitcoin?

40:40 – Irreversibility: The Implications of Removing the OP_RETURN Limit

---Correction: The famous headline "Chancellor on brink of second bailout for banks" was not included in an OP_RETURN, but rather embedded in the coinbase transaction of Bitcoin’s genesis block.---🟩 To help spread knowledge and information, you're free to reuse the content on this page—no permission needed. 🟩---Follow Ziya on X: https://x.com/Ziya_SadrZiya's website: https://hexforensic.com/---Follow Momo:https://linktr.ee/mktahmasbi

  continue reading

96 episodes

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