Adam Back on the Core vs. Knots Debate, Spam, Censorship & Bitcoin’s Future

In this episode of Coin Stories, Natalie Brunell interviews Adam Back to discuss the ongoing debate in the Bitcoin space regarding core development and spam mitigation. Back explains the issue of non-transactional data, such as images and meme coins, being added to the Bitcoin blockchain, leading to wasted space and clogging of nodes. He also addresses the complexities of implementing anti-spam measures, the potential risks of censorship, and the challenges of persuading miners to stop including spam transactions due to economic incentives. The conversation touches on the importance of caution when introducing changes to Bitcoin's protocol to avoid unintended consequences and the erosion of its fundamental value proposition of censorship resistance.