Post
Topic
Board Bitcoin Discussion
Re: Minimum transaction fee is the anti-spam mechanism of Bitcoin, not block size
by
franky1
on 20/12/2015, 21:26:39 UTC
blocklimit stops more than 4000 people making 1 transaction every 10 minutes, even if that tx only costs a few cents each person

Sort of. Block limit stops more than 4000 people making 1 transaction every 10 minutes, regardless of how much they might choose to bid in the transaction fee.

my point i have emboldened. simply that the blocklimit stops 4000 people sending one spam tx to themselves each

the cost per person was just a side note, purely to say that it wouldnt cost much for each person to send. meaning without the blocklimit 4000-8million people could send transactions without little cost to themselves