Bitcoin Spam and Mining Pool Centralization

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In this video, I discuss how filters can help to stop a non-standard Bitcoin transaction from being passed from node to node through the Bitcoin network.

I also discuss direct submission services like MARA's Slipstream which charge about 3x to mine non-standard transactions.

It wasn't spam filters that caused the mining pool centralization problem. It's actually the reverse: it's the mining pool centralization problem that makes spam such a big problem.

People like Luke Dashjr and Bitcoin Mechanic are working hard to attack both prongs of this problem. It would be really nice if Bitcoin Core pitched in and helped, if they really care about nodes, rather than just crypto VC's and mining pool spammers.

Not investment advice! Consult a financial advisor.

Watch the Bitcoin gossip network:
https://www.dsn.kastel.kit.edu/bitcoi...

Matt Hill on how filters work:
https://x.com/HomeMiningPod/status/19...

Jimmy Song on how filters do work:
https://x.com/jimmysong/status/192211...

MARA launches Slipstream:
https://ir.mara.com/news-events/press...

MARA likes to mine spam:
https://x.com/mononautical/status/191...

Current transaction fees:
https://mempool.space/

MARA Slipstream fees:
https://slipstream.mara.com/

"If your primary goal was miner centralization, you'd filter transactions in the mempool so that only Mara gets the spam directly":
https://x.com/Vorstand1/status/192232...

Mining pool centralization:
https://mempool.space/mining

I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos. My opinion is not for sale. Please do not contact me with any affiliate or advertising deals.

#Bitcoin
#spam
#bitcoinmining

Disclaimer
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