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1  Other / Beginners & Help / Re: Idea: Bit debt on: August 04, 2012, 12:04:34 AM
Gravedig! I'm reasonably certain it would not require any changes to the protocol whatsoever, just changes to the client.
2  Other / Beginners & Help / Re: Idea: Bit debt on: July 12, 2011, 02:24:24 AM
Simple implementation: allow transfers of negative amounts, with no coins backing them. To repay a debt, you specify the transaction representing that debt in the metadata, and send money to the address requested / originating. To acknowledge a debt, pay 1 satoshi or a similar small quantity. Through block exploration, debt could be managed and debt consolidation could be smoothed.
There is no way to enforce debt collection, so sending negative amount of bitcoins would be simular to sending invoice. I think it would be easier to create third party software solution with it's own protocol that will act as extension to open source bitcoin client.

That is the silliest thing I've ever heard. Simpler to make an additional protocol? Lol. It could be done without changing the blockchain!

Enforcement is NOT an issue, which is exactly why it doesn't matter if you need it. Invoices are incredibly useful. Don't go making new protocols when bitcoin has this stuff in mind.
3  Other / Beginners & Help / Idea: Bit debt on: July 10, 2011, 06:27:37 PM
Simple implementation: allow transfers of negative amounts, with no coins backing them. To repay a debt, you specify the transaction representing that debt in the metadata, and send money to the address requested / originating. To acknowledge a debt, pay 1 satoshi or a similar small quantity. Through block exploration, debt could be managed and debt consolidation could be smoothed.
4  Other / Beginners & Help / Re: Introduce yourself :) on: July 10, 2011, 06:24:47 PM
I'm nog_lorp, and I can't even make a topic in the newbie forum yet?  Angry
5  Bitcoin / Development & Technical Discussion / Re: Transaction Fees on: May 31, 2011, 01:02:07 AM
Don't try and troll so hard.

The default client has a required fee, a custom client would not need to send one.

I'm not trolling at all. How the hell does this stop spam then?
6  Bitcoin / Development & Technical Discussion / Re: Transaction Fees on: May 31, 2011, 01:01:17 AM
it's going to be patched next version

Okay... so maintainers will manually determine a reasonable "small transaction" line, based on exchange rates, to allow small transactions but not spammy ones? Interesting.
7  Bitcoin / Development & Technical Discussion / Re: Transaction Fees on: May 31, 2011, 12:20:18 AM
Wait, WHAT? So all that stuff about "bitcoins are divisible to the 8th decimal point, so deflation is handled by using smaller fractions of a coin" is all bullshit? How the FUCK are we supposed to use fractions of a coin if the fee is going to be many times the amount being actually sent?

Wow... I guess as bitcoin rises in value this problem will become more visible. Time to bail on the whole thing then.
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