#bitcoin-wizards on 2021-04-24 — irc logs at freenode.irclog.whitequark.org

2021-01-19 16:49 andytoshi changed the topic of #bitcoin-wizards to: This channel is for discussing theoretical ideas with regard to cryptocurrencies, not about short-term Bitcoin development | This channel is logged. | For logs and more information, visit https://bitcoin.ninja

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16:26 <oryhp> @yanmaani, I was reading the logs and saw your question about the utxo set growth block limit. I think 2-2 payjoin transactions are healthy for the utxo set because they can't increase the utxo set size. Incentivizing payjoins might help reduce the growth with the extreme being payjoins as default transactions - though this comes with some privacy tradeoffs. Sorry for bouncing back to a few days old comment.

16:27 <yanmaani> oryhp: not at all!

16:27 <yanmaani> my idea is basically the opposite - incentivize UTXO set shrinkage and you'll incentivize payjoins

16:40 <oryhp> yeah, works both ways. I think that if you want a strict limit, you can't avoid payjoins. It's not clear to me whether a consensus rule for this a good or bad thing though

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16:58 <oryhp> the other thing that might help with the UTXO set is CT which makes payjoins simpler and more powerful

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20:16 <harding> haven't read past that one part yet).

20:16 <harding> jeremyrubin: re your recent ML reply, I believe the MAX_SCRIPT_SIZE limit is only applied when EvalScript is run, which it never will be on an unspendable output like OP_RETURN, therefore you can place as much data in OP_RETURN up to the maximum block weight limit. Obviously the standard relay rule is 82 bytes or something. I'll update my Bitcoin StackExchange answer to note that nuance and I'll also mention it if I reply to your post (I

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