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0 sats \ 5 replies \ @justin_shocknet OP 13 Mar \ parent \ on: Scaling DEBUNKED: No More Than 5-10 Million Can Use Bitcoin, EVER! bitcoin
A miner could mine a tx altruistically for no fee at all of course, or via some out-of-band coordinated lifetime fee plan... But you're still reliant on either someone else's altruism / something external and trusted to socialize the cost
Probably could tweak relaying to lower minimums, but that hasn't happened in part because going below the base units becomes indistinguishable from spam
Probably could tweak relaying to lower minimums, but that hasn't happened in part because going below the base units becomes indistinguishable from spam
I disagree.
Min relay fee was introduced in 2013, when BTC was worth ~$100.
A sat is now worth 1000 times more. If the value of a sat was sufficient to prevent spam in 2013, why can't we use a fraction of it today to prevent spam?
Nodes can use 0.1 sats/vbyte (or less) as min relay fee today. So, if a tx has 138 vbytes, it would need to pay at least 14 sats in fees (you need to round it up).
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Great, if you're certain then create a BIP to change it so we can tell the forkers to gfy
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Wheels are already in motion:
https://bitcointalk.org/index.php?topic=5528323.0
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yes because we have mostly full blocks at 1 sat/vbyte.
but if we didn't there's no reason on principle that the relay cutoff level couldn't dip below till blocks filled up again. iiuc
hashrate would suffer.
but at the end, it's just a free market.
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Even if so, the larger point about consensus forks remain, they're pointless
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