Ordinals now make up 50% of Bitcoin's blockspace, just as I predicted would happen 2 days ago...

Ordinals now make up 50% of all blockspace, just as I predicted a whopping 2 days ago! This is a huge problem, whether you want to admit it or not...

https://twitter.com/BitcoinPierre/status/1622744824896970753

I made a post here explaining how fast Ordinal Inscriptions were "evolving" on Bitcoin's blockchain. The size of the images were getting larger and larger... and not only that, but over the course of half a day, the number of Inscriptions had AT LEAST doubled. That rate of acceleration can't continue forever, of course... but it's 100% official that 50% of Bitcoin's blockspace is now used for Ordinal Inscriptions....

Bitcoin's supposed to be MONEY. In the words of Satoshi, Bitcoin shouldn't be used for USEFUL things, such as being a DNS server, so it most definitely shouldn't be used as file storage for memes, advertisements, & fart noises. Nothing has made me more disappointed in this space, but alas, there is a solution for nodes to reject this polluting spam...

https://twitter.com/LukeDashjr/status/1620876981830295552

Once again, it is up to the nodes to determine what Bitcoin is! And NO, this is *not* censorship. Bitcoin is a MONETARY settlement layer. Nobody's censoring monetary transactions as Ethereum does with OFAC-compliant blocks. This is just retaining Bitcoin's focus as MONEY. End of discussion.

Rally the troop... Save the money, save the world!