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Author Topic: Re: Re: WARNING! Bitcoin will soon block small transaction outputs  (Read 507 times)
darenthis (OP)
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May 06, 2013, 08:56:43 AM
 #1

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.
teresa563
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May 06, 2013, 09:10:28 AM
 #2

it is not good
2D
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May 06, 2013, 09:37:18 AM
Last edit: August 08, 2014, 05:38:03 AM by 2D
 #3

Why even have 8 decimal places then?

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🏰 TradeFortress 🏰
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May 06, 2013, 09:38:57 AM
 #4

Why even have 8 decimal places then?
Future proof. Right now, it's not worthwhile to send 5430 satoshi ($0.007). But in the future, $0.07 might be 100 satoshi, or 10 satoshi, or 1 satoshi.
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