The Ordinals madness is more like an eye opener. I mean, if bitcoin network gets huge adoption worldwide where there is an inflow of hundreds of thousands of transaction per hour and we have a mempool with lets say over 1 million unconfirmed transactions, what next for the Bitcoin dveelopers and community?
Do they just let it be?
The thing about adoption and correct usage of Bitcoin (as a payment system) is that it happens naturally and the growth is slow and predictable. For example if we see 300k transactions handled per day, it is not going to suddenly jump to a million demanded tx/day overnight.
However, the thing with spam attacks like the Ordinals Attack is that they suddenly and artificially create a fake demand for the blockspace hence creating this type of huge backlog. In other words that is not natural.
For the natural growth, we have time to plan for better solutions and scaling the chain to handle larger number of transactions. We are not in any kind of urgency.
What are you going to do about it? Bitcoin is designed to be censorship resistant, so you can't just "end ordinals".
Bitcoin is also designed to be a payment system and not a cloud storage. You can't just pick one definition of it and ignore the rest whenever it doesn't suite your view.
you think the answer is to just clog up the blockchain and wait for them to run out of funds.
if they can scam one moron out of $1k for one meme that cost them $2 to make, they can then spam another 500x and scam more.. have you ever heard of exponential growth.. yep they wont run out of money as long as they keep scamming. its a self perpetuating scam
This is exactly what sets this attack apart from the previous spam attacks that Bitcoin has experienced in the past.
