Fantastic! Some incentive to deal with memory exhaustion (which is hardly an unheard of problem in computer-land.)
If I were doing a system from scratch, one would have to do several things (with analogs taken from the real world.)
- pay to get in (e.g., a ticket at the festival gate. Some sort of real infrastructure support as opposed to useless SPV wallet 'support'.)
- pay to get in the queue (e.g., to get a _chance_ to buy your cheese-dog.)
- pay at least enough for the raw materials an labor for your cheese-dog when you get through the queue.
- periodically clense the queue of those who, for whatever reason, not making sufficient progress.
Of course if Bitcoin had been designed like that from the get-go, it would not have gotten to first base. It needed a pretty face to attract the following of Utopians such as fap.doc and the multitude of other mouth-breathers that got the system going.
Now we are at a point where there can safely be free cheese-dogs for all in the form of sidechains. That means that the backing store can safely eject the welfare bums and they won't starve to death. Very humanitarian.
you being a socialist, of course you come up with these bizarre conclusions that disadvantage the masses.
I very much want people to be able to use distributed crypto-currencies which is, I'm sure, left over from my socialist days.
As a practical matter, it is not necessary nor desirable to serve every hungry mouth with caviar on a silver platter (which they can take home and put in their own cabinet.) Even the most impractical of the socialist dreamers would never entertain an idea so stupid.
the ideal situation would be that there is NO LIMIT. this would give miners the incentive to filter spam based on their own internal analyses that the core devs can't possibly ever factor in, and then construct block sizes accordingly with the assistance of user tx fee feedback. in other words, a free market that gets the core dev apparatchiks out of the way.
The only technically knowledgeable people who support this inane system design do so because they see clearly that it will consolidate the infrastructure into a form that is as easily controlled as fiat money is currently. To many many people, this consolidation of control is a good thing. Most people love Big Brother whether they realize it or not and have the reflexes trained to support him.