7 months ago
36 ARTICLE AD
Dashjr proposes methods to filter Runes transactions
Luke Dashjr, a prominent Bitcoin core developer, has recently expressed his concerns about the Runes protocol, arguing that it exploits a fundamental design flaw within the Bitcoin blockchain network. In a post on X (formerly Twitter) on April 26, Dashjr drew a distinction between Ordinal Inscriptions and the Runes protocol, highlighting their different approaches to interacting with the network.
Dashjr explained that while Ordinals exploit vulnerabilities in Bitcoin Core, Runes technically follow the “rules” but still constitute a 5-vector attack on the network. He stated:
“Ordinals are a 9-vector attack that exploit vulnerabilities in Bitcoin Core, Runes are ‘only’ a 5-vector attack that actually technically follow the ‘rules’.”
Ordinals, a novel form of digital assets similar to NFTs, are inscribed onto satoshis, the smallest units of Bitcoin. Their introduction last year marked Bitcoin’s entry into the world of NFTs, generating significant interest within the crypto community. Runes, on the other hand, are fungible tokens that were launched on the day Bitcoin completed its fourth halving. Following their launch, Runes caused significant network congestion, leading to a spike in transaction fees.
Dashjr has been a vocal critic of both Ordinals and Runes, arguing that they stray from the core principles of BTC and contribute to blockchain spam. In the past, he has referred to Ordinals as a bug and actively worked on initiatives to address them through bug fixes.
In an effort to combat what he perceives as the negative impact of Runes, Dashjr proposed methods for filtering Runes transactions. He suggested:
“To filter Runes spam using either Bitcoin Knots or Bitcoin Core, the only approach right now is to set datacarriersize=0 in your bitcoin.conf file (or the equivalent GUI option in Knots only).”
However, early indications suggest that miners are not adhering to Dashjr’s advice. Ocean Mining, a decentralized mining pool where Dashjr serves as the CTO, recently mined its first post-halving block, with over 75% of its transactions originating from the Runes protocol.
Several miners have defended their decision to process Runes transactions, citing the lucrative revenue stream they provide as their primary motivation.
The information on or accessed through this website is obtained from independent sources we believe to be accurate and reliable, but Decentral Media, Inc. makes no representation or warranty as to the timeliness, completeness, or accuracy of any information on or accessed through this website. Decentral Media, Inc. is not an investment advisor. We do not give personalized investment advice or other financial advice. The information on this website is subject to change without notice. Some or all of the information on this website may become outdated, or it may be or become incomplete or inaccurate. We may, but are not obligated to, update any outdated, incomplete, or inaccurate information.
Crypto Briefing may augment articles with AI-generated content created by Crypto Briefing’s own proprietary AI platform. We use AI as a tool to deliver fast, valuable and actionable information without losing the insight - and oversight - of experienced crypto natives. All AI augmented content is carefully reviewed, including for factural accuracy, by our editors and writers, and always draws from multiple primary and secondary sources when available to create our stories and articles.
You should never make an investment decision on an ICO, IEO, or other investment based on the information on this website, and you should never interpret or otherwise rely on any of the information on this website as investment advice. We strongly recommend that you consult a licensed investment advisor or other qualified financial professional if you are seeking investment advice on an ICO, IEO, or other investment. We do not accept compensation in any form for analyzing or reporting on any ICO, IEO, cryptocurrency, currency, tokenized sales, securities, or commodities.
