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Author Topic: is the client controls fees?  (Read 539 times)
thomas92911
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July 02, 2011, 09:53:56 AM
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is the client controls fees?
how to explain this block?
http://blockexplorer.com/block/00000000000007003fb47df9f520e292413501053b1e337a2349c093ffc6667e
 Huh

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Unlike traditional banking where clients have only a few account numbers, with Bitcoin people can create an unlimited number of accounts (addresses). This can be used to easily track payments, and it improves anonymity.
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JoelKatz
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July 02, 2011, 10:25:00 AM
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Whoever creates a transaction decides what fees it pays. Miners and other nodes can decide whether or not to pass on a transaction to other nodes or whether to include it in blocks they mine. The fee in the transaction may influence this decision.

There are many miners that will include any valid transaction in a block they mine, no matter how ridiculous.

I am an employee of Ripple. Follow me on Twitter @JoelKatz
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thomas92911
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July 02, 2011, 10:39:31 AM
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Whoever creates a transaction decides what fees it pays. Miners and other nodes can decide whether or not to pass on a transaction to other nodes or whether to include it in blocks they mine. The fee in the transaction may influence this decision.

There are many miners that will include any valid transaction in a block they mine, no matter how ridiculous.

Thanks.  Smiley

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July 02, 2011, 02:29:13 PM
 #4

np
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