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Author Topic: When will 0.001 BTC trades be available?  (Read 1426 times)
Hezekiah1997 (OP)
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May 26, 2011, 12:30:21 AM
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I was curious if we were waiting on 2013 for this to happen or if this is already going on...
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Even in the event that an attacker gains more than 50% of the network's computational power, only transactions sent by the attacker could be reversed or double-spent. The network would not be destroyed.
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May 26, 2011, 12:31:29 AM
 #2

I was curious if we were waiting on 2013 for this to happen or if this is already going on...

You could do it now if you wanted, though the tx fee will kill you. Next release 0.3.22 this will be fine.

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Hezekiah1997 (OP)
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May 26, 2011, 12:32:16 AM
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ok thanks
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May 28, 2011, 08:28:36 PM
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I was curious if we were waiting on 2013 for this to happen or if this is already going on...

You could do it now if you wanted, though the tx fee will kill you. Next release 0.3.22 this will be fine.

So now the fee is larger for smaller transactions ? will it always be like this?  This ain't right.
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May 28, 2011, 08:40:02 PM
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I was curious if we were waiting on 2013 for this to happen or if this is already going on...

You could do it now if you wanted, though the tx fee will kill you. Next release 0.3.22 this will be fine.

So now the fee is larger for smaller transactions ? will it always be like this?  This ain't right.

No, the fee is larger for spending recently received small coins.

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May 29, 2011, 01:25:58 PM
 #6

I was curious if we were waiting on 2013 for this to happen or if this is already going on...

You could do it now if you wanted, though the tx fee will kill you. Next release 0.3.22 this will be fine.

So now the fee is larger for smaller transactions ? will it always be like this?  This ain't right.

No, the fee is larger for spending recently received small coins.


Oh i see ... so what means recently recieved small coins ? < 0.1 and with how many confirms ? 
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May 29, 2011, 11:38:19 PM
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Actually priority is higher for larger tx which means that in order to get the same priority are a larger tx a smaller tx needs a larger fee. This is not hard coded it's just the default rule and is in place to reduce spam. I don't think it needs to be like that (some tiny min fee (as optional miner rule, not forced) will disincentivize spam just fine) and it will change in the future.

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