Bitcoin Forum
May 28, 2024, 02:44:25 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: Collect all those 0.000001 SPAM Coins for Charity  (Read 599 times)
Against Hunger (OP)
Newbie
*
Offline Offline

Activity: 42
Merit: 0


View Profile WWW
February 19, 2014, 05:15:07 AM
 #1

Many of us have received the 0.000001 1Enjoy  1Sochi 1Spam Coins.   What if we could collect these spam coins and send them to a common wallet for charity.  A change could be made so any transaction under a certain amount that changes with inflation (Say < 1 cent adjusted with inflation over time)  is sent to a common charity wallet.  This way people will either stop abusing the process or at least use the network for real transactions.  

I do understand there is value on just using 1 Satoshi for colored coins of some type but I think at least the equivalent of 1 cent per colored coin since it consumes a transaction is a reasonable request.

DeathAndTaxes
Donator
Legendary
*
Offline Offline

Activity: 1218
Merit: 1079


Gerald Davis


View Profile
February 19, 2014, 05:26:39 AM
 #2

To spend a 1 satoshi output is going to cost you about 1,500 satoshis in fees (min tx fee on low priority txs is 10,000 Sat per KB.  Average input size is ~150 bytes).

These tx will never be included in a block unless a miner designs a custom version of bitcoind which accepts these non-standard, dust spam violating, low paying garbage tx.  No miner would want to do that as they take up a lot of space in the block and provide no meaningful increase in revenue.  It would require custom development work, so they could include an essentially non-paying tx that increases the chance their block will be oprhaned and they lose the entire 25 BTC + fee reward.  Seem likely?
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!