Did you know that Bitcoin has a dedicated method for data storage? OP Return transactions accounted for 22% of all Bitcoin transactions between 2018-2019. Learn about the implications of this https://t.co/NBz0RZsxVD #Bitcoin #OPReturn https://t.co/NENim
@DavidVorick @lopp It's not really surprising. Numerous protocols have tried utilizing for example Bitcoin's OP Return for notary services in the past. None really gained long-term traction. There is currently no demand for that. For an overview & ana
Anyone remember Veriblock? Back in 2018/19, Omni/Tether and Veriblock accounted for ~20% of all Bitcoin transactions. As of today: Mcap usdt: 68bn; Mcap VBK: 900k. Man, Bitcoiners were really angry about these OP Return transactions adding ~10 GB enjoy:
@parman_the @raw_avocado @parman_the you might be interested in this paper, which investigates OP_RETURN use over the course of ~15 months (sep 2018 - dec 2019). Some interesting results! https://t.co/ri63gaXdzA