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Bitcoin => Development & Technical Discussion => Topic started by: HELP.org on April 05, 2013, 06:01:37 AM



Title: 97 kb transaction in 229722
Post by: HELP.org on April 05, 2013, 06:01:37 AM
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Title: Re: 97 kb transaction in 229722
Post by: etotheipi on April 05, 2013, 06:29:50 AM
Ironically, that's the kind of transaction the network likes.  It is tidying up the UTXO set for everyone -- that's 657 UTXOs that everyone used to have to store and track, now they only have to track 2.

The point he was trying to make, without being knowledgeable on the subject, is the possibility that people could flood the network with spam.  The thing is, the network already has spam protection -- that's what fees are for.  The system could be improved, but I wouldn't call it the "Achilles heel".  At worst, we have an inconvenience.


Title: Re: 97 kb transaction in 229722
Post by: tinyapps on April 05, 2013, 08:46:24 AM
Quote
I just saw the exact same comment posted on the uk Wired site.
Here it is again on TechCrunch:

http://techcrunch.com/2013/04/04/9flats-bitcoin/?hubRefSrc=permalink#lf_comment=67507636 (http://techcrunch.com/2013/04/04/9flats-bitcoin/?hubRefSrc=permalink#lf_comment=67507636)

The aforementioned comment on Wired can be found at the bottom of this article:

http://www.wired.co.uk/news/archive/2013-04/3/first-bitcoin-atm (http://www.wired.co.uk/news/archive/2013-04/3/first-bitcoin-atm)

And here's a Reddit thread on the transaction:

http://www.reddit.com/r/Bitcoin/comments/1bpyab/3_btc_transaction_consumes_97288_kb_of_data_why/ (http://www.reddit.com/r/Bitcoin/comments/1bpyab/3_btc_transaction_consumes_97288_kb_of_data_why/)