Posted 12/21/2023, 11:18:20 PM
Dorsey-Backed Ocean Mining Pool Yields to Miners, Will Process Bitcoin 'Spam' Like Ordinals
- Ocean mining pool, backed by Jack Dorsey, will now let miners decide if they want to process Bitcoin blocks with non-financial transactions like Ordinals
- This reverses previous policy that prohibited processing such "spam" transactions
- Bitcoin Core developer Luke Dashjr appears to reluctantly accept this in a tweet, though he still refers to Ordinals as "spam"
- Dashjr previously wanted developers to implement "spam filtering" to block Ordinals, but they have remained popular
- Over 50 million Ordinal inscriptions have been made since launch in January, with some seeing this policy change as a win for Ordinals