The Bitcoin Protocol - Stuck in Time Forever?
summary
Claims that a single 4MB blocks event and the Taproot Wizards inscription method triggered the BRC20/runes craze and even early Bitcoin rollups, with the first mega-block followed by copycat inscriptions within six days. Fees spike to about $25 at peak, but mempool activity collapses and minimum fees fall to under one sat/vByte—roughly 80% lower than during the attack—showing the spam experiment worked briefly then failed. OPCAT rises as a covenant proposal and fades, and harassment of core contributors over a non-issue becomes the real problem.
AI-written summary · about
chapters (9)
- 0:00Introduction
- 1:05Ordinal inscription aftermath
- 3:30Opcat’s rise and fall
- 5:43End of spam on Bitcoin
- 7:22Distractions from Bitcoin problems
- 9:07Harassment of contributors
- 10:13Why fighting spam fails
- 11:16Luke’s warnings on oification
- 13:50Stop enabling spam
