How can you look at the UTXO Bloat & call it a non- problem? 👇 - There is NO UTXO 'bloat' in my view ... In 2016 there was a compromise w/ Big Blockers to increase the amount of data stuffed into a 1mb block w/ witness data (aka SegWit). From that moment on, I have accepted the reality that up to 4mb of data can fit into a single block every 10 minutes. And in a perfect world, bitcoin is popular enough so that every block is full! - While the type of data that has been 'occasionally' popular to enter the block space has been 'unwanted', it does not change the technical reality that the Bitcoin blockchain is growing at an even slower pace than it was designed to grow (maybe read point above again if you are confused). We all expected block space to be full with ONLY financial data by now as the world realizes Bitcoin is the best form of payment & savings. But today blocks are NOT full and that space is available for other uses. - In addition, if these spammers were to switch from using Witness Data to Op_Return space instead, they would actually take up LESS space in the UTXO set with this spam instead of more! (This is the technical reason for removing the limit most #Bip110 supporters are not able to, or refuse to understand)
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