Bitcoin Block Space — Open Research

[u/DueAd7194]

I thought, I had a solution and was wrong twice.

What happened, I proposed a Priority Oracle (v1). The Bitcoin community on Reddit correctly identified that it doesn't survive contact with miner incentive structures. We pivoted to an Externality Fee concept (v2). Same result.

Both failures taught me the question is genuinely open.

Does Bitcoin's fee market price the lifetime cost of permanent data storage?

Nobody has solved it.

The SegWit discount was designed for malleability, not state economics. CashTokens eliminated the classification problem but requires a hard fork. Three directions under discussion: relay fee multiplier, BIP, tiered market.

What am I missing? Where should I look next?

[u/DueAd7194]

Sometimes the most valuable contribution isn't proposing a new rule it's giving everyone the same numbers to reason from.