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May 20, 2013, 03:31:58 AM |
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Since bitcoin is based on hashcash, why is it so hard to simply make transactions using hashcash for sending btc? You can limit transaction spam by simply adding a nonce and hashing it. Then if the txid is lower than another target, it is accepted, otherwise it is rejected. Since It'll be so hard to make this compatible with previous versions of btc, I suggest it is used only for microtransactions. so if the amount is under 0.005 btc or whatever, make it require a hashcash signature.
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