Reading time: ~2 m
On February 1, 2023, the Luxor mining pool mined the largest block number #774,628 that has ever existed in the bitcoin network. Its weight was approximately 3.96 MB. Pool representatives posted a message on Twitter (social network banned in Russia), which informed the crypto community about the find and revealed the reason for such a large block size.
The tweet also contained a “Taproot Wizard” NFT image that was attached to the mined block. The Taproot feature, added to the Bitcoin network on November 12, 2021, was activated at block 709,632 and brought a number of new features to BTC users.
In essence, Taproot allows multiple participants in a transaction to create a single combined digital signature (Schnorr signature), increasing data privacy. After the creation of the Ordinals protocol, it turned out that using the “discount” Segregated Witness (Segwit) in combination with Taproot allows you to use a full block of 4 MB, bypassing the 1 MB limit encoded in the bitcoin blockchain.
Segwit itself slightly increased the block sizes – the largest block before Luxor’s discovery was 2.765 MB (#748918); it was mined on August 11, 2022.
The Ordinals protocol was already causing controversy among some bitcoin maximalists, and the block size of almost 4 MB, mined in just 63 transactions and containing a “magic” JPEG image, only exacerbated the hype around the innovation.
For example, a bitcoin developer known by the pseudonym Luke-Jr called Ordinals an “attack” and hastily created a special patch to filter Ordinal’s “spam”.
The record bitcoin block of 3.96 MB (#774 628) was mined on February 1, 2023.
Many bitcoin supporters were dissatisfied with the record block size and began to discuss this topic on the Reddit forum, r/bitcoin. The thread’s most popular comment read, “I’d rather see a block like this filled with real money transactions from thousands of people than this idiocy.”
Another person agreed with this sentiment and stated that the Taproot scheme, which created a 4MB block, is dangerous:
Yes… It’s quite dangerous. We are one attacker or one automated miner away from injecting vile and disgusting things into a permanent, globally distributed, uncensorable database. It will be interesting to see if there is a solution to this problem on the free market.
In addition to the excitement caused by the “magic” artifact block, a shocking image known as “goatse” was placed in the Ordinals #668 protocol inscription. Although the image has been removed from the Ordinals website, it remains intact on the blockchain as it cannot be removed from there. In addition, the game “DOOM” was uploaded to the blockchain, which can be found under the number Ordinals #466.
Bitcoin supporters expressed dissatisfaction with the Luxor mining pool, which mined a 4 MB block. Responding to Luxor’s tweet, one user said:
There is nothing revolutionary in what you have done. You inserted a disgusting JPEG with zero artistic value into the blockchain. Okay… you could create the same stupid image, only 10,000 times smaller. Why did you stretch it to 4MB? All this is not serious, and you are trolls.
#Bitcoin #community #considers #blocks #stupid