I will be extending the message limit from 40 bytes per message to ~450 bytes (and possibly more by chaining - but I'm undecided on this morally etc) meaning there will be enough room to include what you need to get out to people. Will also be allowing images possibly - but again undecided.
I'm still working on this code but you can have P2PKH inside a redeem script which is limited to 520 bytes. So you can store about 450 bytes per one ouput with no limits for output, only a transaction size limit of 100kb. Chain these together by prefixing the previous transaction ID to the start of each link in the chain (that way all the info to recreate the file or text or whatever is within the Blockchain and doesn't rely on anything else) and you got yourself unlimited (pretty expensive) permanent government resistant data storage.
Some people say it is and some frown upon embedding - but I have the view its for the greater good (The free-speech/freedom of our liberties vs The bloating the network argument) and that the network will grow as new technology like this comes about. Unfortunately other decentralised systems are not backed by millions of millions of dollars and people - people with a very real vested interest - it means there is millions of people who will want to keep it from being taken over by governments.
True, but I still consider bitcoin fledgling. Remember, it is in the world finance space. If the banks of the world saw it as a real threat today, I fear they could still cause pretty massive damage to the longevity of bitcoin. I think it's mathematically sound, but governments could ban it, criminalize it, etc.
In any case, throttling will happen as nodes decide what to include in blocks and what to leave out there in the mempool. Eventually, we will have speech that is free as in speech, but not free as in beer. Fee markets will happen regardless, but at some point, a tweet will be X number of satoshis...
Not much to add. I think more and more people are focusing on the illusion of freedom we have across the world. With this will come new platforms and technology.
Right on. Even now, we are communicating on voat.. but you, me, Atko, have electricity that must be paid for.. so none of this was ever really "free". It is subsidized, and the costs of that in many platforms are rearing their ugly heads in the form of censorship and surveillance.
And when you think about that, it really comes down to information asymmetry. Censorship seeks to limit the information of the populace, while surveillance seeks to expand the information of authority. It starts to become apparent that a libertarian model might actually be more free, even if individuals literally have to pay (micro-finance) to use it.
AWS model is like this, and the "containers" movement is making things more granular as well. I can't wait to see what happens with the Brave browser. Anyway.. I'm rambling .. but good work on your project! Let me know if you have any of that on github.
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LockedPost ago
I will be extending the message limit from 40 bytes per message to ~450 bytes (and possibly more by chaining - but I'm undecided on this morally etc) meaning there will be enough room to include what you need to get out to people. Will also be allowing images possibly - but again undecided.
belphegorsprime ago
Are you using op_return?
LockedPost ago
Yes. Soon to be 450 byte per one output though (much more room for text and the potential for chaining multiple together)
belphegorsprime ago
How will you get 450 bytes in op_return? Running a non-standard full node? Or chaining? Or storing data off chain, and keeping hash on chain?
LockedPost ago
I'm still working on this code but you can have P2PKH inside a redeem script which is limited to 520 bytes. So you can store about 450 bytes per one ouput with no limits for output, only a transaction size limit of 100kb. Chain these together by prefixing the previous transaction ID to the start of each link in the chain (that way all the info to recreate the file or text or whatever is within the Blockchain and doesn't rely on anything else) and you got yourself unlimited (pretty expensive) permanent government resistant data storage.
belphegorsprime ago
Does this end up bloating the chain with UTXOs? Have you looked at things like this?
LockedPost ago
Some people say it is and some frown upon embedding - but I have the view its for the greater good (The free-speech/freedom of our liberties vs The bloating the network argument) and that the network will grow as new technology like this comes about. Unfortunately other decentralised systems are not backed by millions of millions of dollars and people - people with a very real vested interest - it means there is millions of people who will want to keep it from being taken over by governments.
belphegorsprime ago
True, but I still consider bitcoin fledgling. Remember, it is in the world finance space. If the banks of the world saw it as a real threat today, I fear they could still cause pretty massive damage to the longevity of bitcoin. I think it's mathematically sound, but governments could ban it, criminalize it, etc.
In any case, throttling will happen as nodes decide what to include in blocks and what to leave out there in the mempool. Eventually, we will have speech that is free as in speech, but not free as in beer. Fee markets will happen regardless, but at some point, a tweet will be X number of satoshis...
LockedPost ago
You have a good understanding.
Not much to add. I think more and more people are focusing on the illusion of freedom we have across the world. With this will come new platforms and technology.
belphegorsprime ago
Right on. Even now, we are communicating on voat.. but you, me, Atko, have electricity that must be paid for.. so none of this was ever really "free". It is subsidized, and the costs of that in many platforms are rearing their ugly heads in the form of censorship and surveillance.
And when you think about that, it really comes down to information asymmetry. Censorship seeks to limit the information of the populace, while surveillance seeks to expand the information of authority. It starts to become apparent that a libertarian model might actually be more free, even if individuals literally have to pay (micro-finance) to use it.
AWS model is like this, and the "containers" movement is making things more granular as well. I can't wait to see what happens with the Brave browser. Anyway.. I'm rambling .. but good work on your project! Let me know if you have any of that on github.
LockedPost ago
Very well said.
Have a point.