Bitcoin Forum
November 18, 2017, 03:43:53 AM *
News: Latest stable version of Bitcoin Core: 0.15.1  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: « 1 2 3 4 5 6 7 8 9 [10] 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 »
  Print  
Author Topic: WARNING! Bitcoin will soon block small transaction outputs  (Read 57638 times)
bitcoiners
Sr. Member
****
Offline Offline

Activity: 322



View Profile
May 06, 2013, 02:50:18 AM
 #181

But you are defending something only the bitcoin "millionaires" want.  So far the majority of the bitcoin world is against this if you check the other post/poll in this sub and the votes.  I don't care if it's permanent or not.  Transaction size should not be limited. Period.

This is exactly how I feel about this change, when and if it occurs. Cutting poor man out. This actually makes my skin crawl.

You know this only affects transactions < 1 cent? Surely you understand that. How many fiat transactions have you ever done for less than 1 cent?
How many poor people would throw away a 1 cent coin? How many beggars would spit at you for tossing them a 1 cent coin?


It doesn't fucking matter. It's regulations put on Bitcoins.  That's what matters.  Jesus people wake the fuck up.
1510976633
Hero Member
*
Offline Offline

Posts: 1510976633

View Profile Personal Message (Offline)

Ignore
1510976633
Reply with quote  #2

1510976633
Report to moderator
1510976633
Hero Member
*
Offline Offline

Posts: 1510976633

View Profile Personal Message (Offline)

Ignore
1510976633
Reply with quote  #2

1510976633
Report to moderator
Coinlancer is Disrupting the Freelance marketplace!
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1510976633
Hero Member
*
Offline Offline

Posts: 1510976633

View Profile Personal Message (Offline)

Ignore
1510976633
Reply with quote  #2

1510976633
Report to moderator
pekv2
Hero Member
*****
Offline Offline

Activity: 770



View Profile
May 06, 2013, 02:58:05 AM
 #182

But you are defending something only the bitcoin "millionaires" want.  So far the majority of the bitcoin world is against this if you check the other post/poll in this sub and the votes.  I don't care if it's permanent or not.  Transaction size should not be limited. Period.

This is exactly how I feel about this change, when and if it occurs. Cutting poor man out. This actually makes my skin crawl.

You know this only affects transactions < 1 cent? Surely you understand that. How many fiat transactions have you ever done for less than 1 cent?
How many poor people would throw away a 1 cent coin? How many beggars would spit at you for tossing them a 1 cent coin?


It doesn't fucking matter. It's regulations put on Bitcoins.  That's what matters.  Jesus people wake the fuck up.

Exactly. My jaw is dropped over this.
justusranvier
Legendary
*
Offline Offline

Activity: 1400



View Profile WWW
May 06, 2013, 02:58:10 AM
 #183

Thank you for clarifying that. While I still strongly dislike the move,
I think when you have more time to absorb what is actually being changed you might change your mind. The bottom line is that every user will be able to set their own dust limit. The current version has hardcoded limits that can not be changed without a source patch and recompile. The new version will have limits that can be changed with a setting in bitcoin.conf.
gweedo
Legendary
*
Offline Offline

Activity: 1246


Java, PHP, HTML/CSS Programmer for Hire!


View Profile WWW
May 06, 2013, 02:59:36 AM
 #184

Thank you for clarifying that. While I still strongly dislike the move,
I think when you have more time to absorb what is actually being changed you might change your mind. The bottom line is that every user will be able to set their own dust limit. The current version has hardcoded limits that can not be changed without a source patch and recompile. The new version will have limits that can be changed with a setting in bitcoin.conf.

That is for miners only not the users. So yeah guess you didn't read.

Want to earn 2500 SATOSHIS per hour? Come Chat and Chill in https://goseemybits.com/lobby
Daily Anarchist
Hero Member
*****
Offline Offline

Activity: 615



View Profile WWW
May 06, 2013, 03:01:33 AM
 #185

Thank you for clarifying that. While I still strongly dislike the move,
I think when you have more time to absorb what is actually being changed you might change your mind. The bottom line is that every user will be able to set their own dust limit. The current version has hardcoded limits that can not be changed without a source patch and recompile. The new version will have limits that can be changed with a setting in bitcoin.conf.

That is for miners only not the users. So yeah guess you didn't read.

This whole episode has definitely inspired me to be a miner, and a solo miner at that.

Discover anarcho-capitalism today!
gmaxwell
Staff
Legendary
*
Offline Offline

Activity: 2338



View Profile
May 06, 2013, 03:04:23 AM
 #186

That is for miners only not the users. So yeah guess you didn't read.
It changes the behavior all around, but if you create transactions miners won't mine you won't be too happy— same story as today (try making some transactions that pay a value of 0 to one of their outputs, or which have 5 keys in a multisig, or use OP_SHA256, etc).

Bitcoin will not be compromised
justusranvier
Legendary
*
Offline Offline

Activity: 1400



View Profile WWW
May 06, 2013, 03:05:15 AM
 #187

That is for miners only not the users. So yeah guess you didn't read.
I am basing that off the description in the pull request:

Quote
So this patch lets users and miners specify the minimum transaction fees at startup, using the -mintxfee / -mintxrelayfee options (which I'm intentionally leaving undocumented for now). The dust/nonstandard test is based on the -mintxrelayfee.

If this is inaccurate, then please cite specific lines of code to back up your claim.
marcus_of_augustus
Legendary
*
Offline Offline

Activity: 2436



View Profile
May 06, 2013, 03:05:24 AM
 #188

I think I might set my dust limit way high like

Code:
minrelaytxfee=0.01

I'm sick of carrying around a whole lot of everybody else's crap. When you exist on dial-up connection and old hardware you might appreciate what the cost of TX actually are. Maybe a lot of the people spouting off about this are actually spoiled brats with high-end rigs and fibre-optic connections living on free electricity?  Wink

Daily Anarchist
Hero Member
*****
Offline Offline

Activity: 615



View Profile WWW
May 06, 2013, 03:06:00 AM
 #189

That is for miners only not the users. So yeah guess you didn't read.
It changes the behavior all around, but if you create transactions miners won't mine you won't be too happy.

It creates changes that SOME miners won't mine, right? Nothing wrong with that. Hell, a miner could right now charge 1 BTC fee per transaction if he wants. It just means no transactions will go through on the blocks he mines. I'm okay with that.

Discover anarcho-capitalism today!
edmundedgar
Sr. Member
****
Offline Offline

Activity: 352


https://www.realitykeys.com


View Profile WWW
May 06, 2013, 03:07:30 AM
 #190

I fully understand all of the issues involved and from my own point of view Gavin, Jeff, and Greg are doing an amazing job dealing with the unwashed masses of the Bitcoin public regarding these and other issues. Everything so far has been sensible and they deserve a ton of praise for treating the protocol and the software with utmost respect, professionalism, and rigor.

Agreed. And this is politically important software, used by people who are very passionate about it. If nobody's calling them fucking nazis, they're doing something wrong.

That said, I do wonder if the communication could have got out in front of this - sticky thread on the forum on what's planned, explaining the situation before and after, something. We seem to end up with communications to people who can't follow what's on Github being led by people who misunderstood something and got upset about it, or people with an agenda. Then the devs end up having to wade through loads of forum threads trying to put out the resulting outrage fires.
gmaxwell
Staff
Legendary
*
Offline Offline

Activity: 2338



View Profile
May 06, 2013, 03:09:21 AM
 #191

I think I might set my dust limit way high like
I'd generally discourage that— right now the p2p protocol has no feed back to tell people that their transaction wasn't relayed. Thats part of the reason that the knobs aren't blinkenlights advertised features in this version— setting them sanely and in a way that doesn't have collateral damage risk requires a pretty good grasp of the whole thing.

It creates changes that SOME miners won't mine, right? Nothing wrong with that. Hell, a miner could right now charge 1 BTC fee per transaction if he wants. It just means no transactions will go through on the blocks he mines. I'm okay with that.
Right, assuming that some agree that creating more very small outputs is in their and Bitcoin's interest. I'm sure for particular applications where it makes sense it won't be too hard to get things mined— as has been the case,  e.g. Eligius has mined non-standard transactions on demand, just by grabbing luke and convincing him that it's not an attack on Bitcoin.

Bitcoin will not be compromised
pekv2
Hero Member
*****
Offline Offline

Activity: 770



View Profile
May 06, 2013, 03:12:35 AM
 #192

bitcoiners
Sr. Member
****
Offline Offline

Activity: 322



View Profile
May 06, 2013, 03:13:10 AM
 #193



BOO YAH!  This is were we are heading.
gweedo
Legendary
*
Offline Offline

Activity: 1246


Java, PHP, HTML/CSS Programmer for Hire!


View Profile WWW
May 06, 2013, 03:13:27 AM
 #194

That is for miners only not the users. So yeah guess you didn't read.
I am basing that off the description in the pull request:

Quote
So this patch lets users and miners specify the minimum transaction fees at startup, using the -mintxfee / -mintxrelayfee options (which I'm intentionally leaving undocumented for now). The dust/nonstandard test is based on the -mintxrelayfee.

If this is inaccurate, then please cite specific lines of code to back up your claim.

Your not in the right pull request

https://github.com/bitcoin/bitcoin/pull/2577

Want to earn 2500 SATOSHIS per hour? Come Chat and Chill in https://goseemybits.com/lobby
gweedo
Legendary
*
Offline Offline

Activity: 1246


Java, PHP, HTML/CSS Programmer for Hire!


View Profile WWW
May 06, 2013, 03:16:15 AM
 #195

I think I might set my dust limit way high like

Code:
minrelaytxfee=0.01

I'm sick of carrying around a whole lot of everybody else's crap. When you exist on dial-up connection and old hardware you might appreciate what the cost of TX actually are. Maybe a lot of the people spouting off about this are actually spoiled brats with high-end rigs and fibre-optic connections living on free electricity?  Wink

Then you shouldn't even be using a full node, go use a lightweight node, otherwise I see no reason to complain.

Want to earn 2500 SATOSHIS per hour? Come Chat and Chill in https://goseemybits.com/lobby
gweedo
Legendary
*
Offline Offline

Activity: 1246


Java, PHP, HTML/CSS Programmer for Hire!


View Profile WWW
May 06, 2013, 03:16:48 AM
 #196



That is beautiful, because that is what is happening the big FCC censor bar on the nipple of bitcoin.

Want to earn 2500 SATOSHIS per hour? Come Chat and Chill in https://goseemybits.com/lobby
justusranvier
Legendary
*
Offline Offline

Activity: 1400



View Profile WWW
May 06, 2013, 03:17:41 AM
 #197

If this is inaccurate, then please cite specific lines of code to back up your claim.

Your not in the right pull request

https://github.com/bitcoin/bitcoin/pull/2577

Not only is that false, but also it's not a specific line of code that backs up your claim.
gweedo
Legendary
*
Offline Offline

Activity: 1246


Java, PHP, HTML/CSS Programmer for Hire!


View Profile WWW
May 06, 2013, 03:19:17 AM
 #198


Your not in the right pull request

https://github.com/bitcoin/bitcoin/pull/2577

Okay Imma let you finish, just before I censor you again:

"Your" = possessive adjective

"You're" = contraction of "you are".

YOU'RE out of YOUR mind. See? Now, shut up again. Aaaah.  Cheesy


Thanks for the grammar lesson, and I don't care LOL and it is so nice when people say shut up, cause they are learning to censor just like bitcoin is teaching them.

Want to earn 2500 SATOSHIS per hour? Come Chat and Chill in https://goseemybits.com/lobby
gweedo
Legendary
*
Offline Offline

Activity: 1246


Java, PHP, HTML/CSS Programmer for Hire!


View Profile WWW
May 06, 2013, 03:20:30 AM
 #199

If this is inaccurate, then please cite specific lines of code to back up your claim.

Your not in the right pull request

https://github.com/bitcoin/bitcoin/pull/2577

Not only is that false, but also it's not a specific line of code that backs up your claim.

Ok show me how I am false, you asked for a cite, you didn't even cite, you just copied a wording and now you are just saying that I am false, so please show me the code.

Want to earn 2500 SATOSHIS per hour? Come Chat and Chill in https://goseemybits.com/lobby
gweedo
Legendary
*
Offline Offline

Activity: 1246


Java, PHP, HTML/CSS Programmer for Hire!


View Profile WWW
May 06, 2013, 03:23:20 AM
 #200

Dear noobs, relax, turned out you are not only ones who have no clue. In fact it seems you have inspired Bitcoin Magazine to regurgitate and publish ( http://www.reddit.com/r/Bitcoin/comments/1drnvp/bitcoin_developers_adding_0007_minimum/ )  whatever nonsense you are saying here. Congratulations!

Call it non-sense I call it censoring it is great that a good media outlet has reported this correctly Thank you Bitcoin magazine, lets SAVE BITCOIN!!!!!!!!!!!!!!!!!!

Want to earn 2500 SATOSHIS per hour? Come Chat and Chill in https://goseemybits.com/lobby
Pages: « 1 2 3 4 5 6 7 8 9 [10] 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 »
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!