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1  Other / Beginners & Help / Re: Re: WARNING! Bitcoin will soon block small transaction outputs on: May 06, 2013, 08:56:43 AM
Responding to https://bitcointalk.org/index.php?topic=196138.msg2045167#msg2045167 here because I'm still in newbie purgatory.

FlameWar 2.0. Now with Actual Facts! (gasp)

From http://www.metzdowd.com/pipermail/cryptography/2009-January/015014.html

Satoshi said this:

Quote
Once it gets bootstrapped, there are so many
applications if you could effortlessly pay a few cents to a
website as easily as dropping coins in a vending machine.

A few cents. Not 0.7 cents.

A little later, in http://www.metzdowd.com/pipermail/cryptography/2009-January/015041.html he said this:

Quote
Interestingly, one of the e-gold systems already has a form of
spam called "dusting".  Spammers send a tiny amount of gold dust
in order to put a spam message in the transaction's comment field.
 If the system let users configure the minimum payment they're
willing to receive, or at least the minimum that can have a
message with it, users could set how much they're willing to get
paid to receive spam.

Fixing the 'dusting' problem is exactly what this change is all about. Go back to your freedom fries people, nothing to see.
2  Other / Beginners & Help / Re: Introduce yourself :) on: April 28, 2013, 03:58:29 PM
Hello! Bitcoin feels a bit like the web in 1997. New (new) Economy bubble 3.0 here we go!
3  Other / Beginners & Help / In reply to: Bitcoin Blocksize Problem Video on: April 28, 2013, 03:26:00 PM
This is a reply to https://bitcointalk.org/index.php?topic=189792 (Bitcoin Blocksize Problem Video).

This the first time I've heard the case being made NOT to increase the block size to solve the '7 tps problem'.

It's unclear from the script why increasing the block size will somehow shut out all the small mining operations. Doesn't the difficulty adjust to maintain the block creation rate?

Why would bigger blocks be a problem?
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