OK, the 220 byte limit is no longer relevant since you just invented a second way that makes P2SH pushing 4x as feasible or 1.25x as CIP-6.
His answer:
Hi MCCCS,
thanks for reaching out. First of all, the proposal to raise the
OP_RETURN limit was not merged in Bitcoin Core, but it’s actually in
Bitcoin Cash.Have you tested this script? I’m very curious. It’s an interesting
approach.In Omni, the bare-multisig approach is a relict from the past and we
haven’t added a new way so far.Cheers
Me:
I agree that this seems promising. I’ll try to upload something that
uses this method. I haven’t tried this script yet.If this works, then the OP_RETURN limit needs to be QUADRUPLED to stay competitive
your graph at https://github.com/bitcoin/bitcoin/issues/12033 would become archaic.
It seems to be a nice candidate for class D transaction format.I’ll report back, once I try this in a few weeks.
Thanks,
MCCCS
This is so exciting, although it’s off-topic to this discussion.