77 - Ziya Sadr - The OP_RETURN Controversy

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Round the Fire with Momo

Momo Tahmasbi

95 episodes

3 days ago

Round the Fire with Momo is a cozy space where I sit down with friends and inspiring voices to share stories, ideas, and real-life experiences. There’s no set agenda—just honest conversations about the things that shape us. That said, many episodes naturally drift toward topics I’m passionate about, like Bitcoin, keto, and the carnivore lifestyle. So if you're into deep chats, hard money, or healing through food, pull up a seat by the fire.

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77 - Ziya Sadr - The OP_RETURN Controversy

Round the Fire with Momo

43 minutes 30 seconds

6 months ago

77 - Ziya Sadr - The OP_RETURN Controversy

Join us for a special episode of Round the Fire with Momo, where I sit down with Ziya to delve into the heated debate surrounding Bitcoin's OP_RETURN function. This controversy has sparked discussions across the Bitcoin community, with proposals to remove the 80-byte data limit on OP_RETURN stirring both support and opposition.Ziya offers a perspective that sees the change as a minor adjustment, while I express concerns about potential risks and unintended consequences. Our discussion aims to shed light on the nuances of this issue and its broader implications for the Bitcoin ecosystem.

---00:00 – Introduction

02:50 – Understanding OP_RETURN and the Current Controversy

08:46 – Visualizing OP_RETURN in the Mempool

11:59 – Momo’s Concerns About Removing the OP_RETURN Limit

19:07 – Ziya’s Perspective on Lifting the OP_RETURN Restriction

24:05 – Will Removing the Limit Prevent UTXO Set Growth?

30:50 – Examining Potential Conflicts of Interest Among Bitcoin Developers

38:20 – Is This the Next Major Conflict in Bitcoin?

40:40 – Irreversibility: The Implications of Removing the OP_RETURN Limit

---Correction: The famous headline "Chancellor on brink of second bailout for banks" was not included in an OP_RETURN, but rather embedded in the coinbase transaction of Bitcoin’s genesis block.---🟩 To help spread knowledge and information, you're free to reuse the content on this page—no permission needed. 🟩---Follow Ziya on X: https://x.com/Ziya_SadrZiya's website: https://hexforensic.com/---Follow Momo:https://linktr.ee/mktahmasbi