Everyone can agree that we need more decentralized block template construction. Core sees private tx broadcast as a threat to that (which is fair imo), which is part of why they are widening default policy rules. Most filter proponents are vocal ocean supporters. Ocean have already materially increased the number of entities (who are actually finding blocks) doing template construction with DATUM, currently I imagine most of these individuals are using knots, and interestingly many don’t filter out all “spam”. Knots has (iiuc) a single individual who decides what gets merged, and no doubt eventually there will be something he does / doesn’t do that will be perceived as an artificial restriction on user choice. Ultimately, the only way miners will have sufficient choice without restriction will be if they can construct their own policy (with ease) and we have already seen an example of this (Knots Lua Pull) and a more recent BIP draft to do the same in Core (see mailing list, not received well) The (perceived) threat with anything like this, is that “actual censorship” is as easy as mandating the inclusion of a filter file, and template construction is sufficiently centralized currently that IMO this is a reasonable concern. Which brings us back to the point on which we have unanimous agreement: there is a pressing need to decentralize block template production. Any action to decentralize block template production should be celebrated. Knots Lua Implementation https://github.com/bitcoinknots/bitcoin/pull/119/files JS BIP Draft https://github.com/dr-bonez/bips/blob/mempool-policy-scripts/bip-mempool-policy-scripts.md

We must stop people putting data on Bitcoin, it’s a payment network Meanwhile: every lightning commitment transaction encodes a 48-bit commitment number across nLockTime & nSequence

Someone is consolidating large batches of UTXOs at erroneously high fee rates. In the last 7 days they have overpaid by over 5 BTC ($580k) 🤯 They could instead just use 1 sat/vB and RBF if needed (or use Mempool Accelerator Pro and avoid any complexity😉) 196 tx match the following pattern between block heights 913374 - 914379 (past 7 days). - Minimum Input Count: 100 - Output Count: 2 - Fee Rate: Between 101.6 and 101.7 sat/vB Total fees: 5.43388700 BTC

1 sat/vB is clearing but someone just made a consolidation at 102 sat/vB 🫥 https://mempool.space/tx/23b87e424aa51d4900267350c1ad88995c4c132c706c0d6cb80e3cd31971e00e?mode=details

Sense check Despite a dip in activity there are still 267k “legit” transactions per day. (Average non OP_RETURN related/Inscription over the past 90 days)